An error has occurred. Information is temporarily unavailable, please try again later.
FSSA China Focus Fund - Class I (Acc) USD
Strategy Overview
The Fund aims to achieve long term capital appreciation and invests primarily in a concentrated portfolio of equity securities or equity-related securities of large and mid-capitalisation companies established or having significant operations in Mainland China and which are listed, traded or dealt in on regulated markets worldwide.
Fund Details
Fund information (as at 31/10/2025)
| Fund launch date | 30 January 2008 |
|---|---|
| Share class launch date | 30 January 2008 |
| Total fund size | US$98.4mn |
| Number of holdings | 44 |
| Minimum initial investment | US$1,000 |
| Minimum subsequent investment | US$500 |
| Management fee | 1.75%p.a. |
| Initial charge | 5.0% |
Performance
Cumulative performance (%) as at 31 Oct 2025
| SHARE CLASS | 3MTHS | YTD | 1YR | 3YRS | 5YRS | SINCE INCEPTION |
|---|---|---|---|---|---|---|
| Class I (Acc) USD | 8.4 | 18.5 | 13.3 | 35.3 | -24.7 | 49.9 |
| Benchmark * | 10.8 | 36.2 | 33.7 | 97.1 | -6.8 | 97.9 |
| SHARE CLASS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class I (Acc) USD | 7.8 | -23.6 | -17.1 | -13.9 | 26.9 | 27.2 | -11.5 | 26.5 | -3.6 | -15.9 |
| Benchmark * | 19.4 | -11.2 | -21.9 | -21.7 | 29.5 | 23.5 | -18.9 | 54.1 | 1.1 | -7.6 |
| 3MTHS | YTD | 1YR | 3YRS | 5YRS | SINCE INCEPTION | |
|---|---|---|---|---|---|---|
| Share Class (%) | 8.4 | 18.5 | 13.3 | 35.3 | -24.7 | 49.9 |
| Benchmark (%) | 10.8 | 36.2 | 33.7 | 97.1 | -6.8 | 97.9 |
Calendar year performance (%) as at 31 Oct 2025
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Share Class (%) | 7.8 | -23.6 | -17.1 | -13.9 | 26.9 | 27.2 | -11.5 | 26.5 | -3.6 | -15.9 |
| Benchmark (%) | 19.4 | -11.2 | -21.9 | -21.7 | 29.5 | 23.5 | -18.9 | 54.1 | 1.1 | -7.6 |
Price
Chart
There was insufficient data available to display the price chart.
Historical price
Unit prices are available up to 2 days prior to current date
Holdings
Top 10 holdings (as at 31/10/2025)
| Stock name | Sector | % |
|---|---|---|
| Tencent Holdings Ltd | Communication Services | 9.3 |
| ZTO Express (Cayman), Inc. Class A | Industrials | 4.2 |
| Huazhu Group Ltd | Consumer Discretionary | 4.0 |
| China Resources Beer (Holdings) Co. Ltd. | Consumer Staples | 4.0 |
| Shenzhou International Group Holdings Limited | Consumer Discretionary | 3.8 |
| Netease Inc | Communication Services | 3.6 |
| Hongfa Technology Co., Ltd. Class A | Industrials | 3.5 |
| PDD Holdings Inc. Sponsored ADR Class A | Consumer Discretionary | 3.4 |
| Shenzhen Mindray Bio-Medic-A | Health Care | 3.1 |
| Meituan Class B | Consumer Discretionary | 3.1 |
† Allocation percentage is rounded to the nearest one decimal place and the total allocation percentage may not add up to 100%.
Gross of tax benchmark performance is shown before 1 July 2016 and net of tax benchmark performance is shown after the aforementioned date.
* MSCI China Net Index
Price & performance disclaimers
This Fund is a sub fund of Ireland domiciled First Sentier Investors Global Umbrella Fund Plc.
Price / Performance source: Lipper, Nav-Nav (with dividend reinvested where applicable).
Past performance is not a guide to future performance. Performance data is calculated on a net basis by deducting fees incurred at fund level (e.g. the management and administration fee) and other costs charged to the fund (e.g. transaction and custody costs), save that it does not take account of initial charges or switching fees (if any).
All prices are for indication only. For detail, please refer to the Fund’s factsheet for further details including investment objective & strategy, asset allocation, top 10 holdings, comparison with benchmark (if any) and disclosure.
Reference to specific securities (if any) is included for the purpose of illustration only and should not be construed as a recommendation to buy or sell the same. All securities mentioned herein may or may not form part of the holdings of First Sentier Group's portfolios at a certain point in time, and the holdings may change over time.