Fullerton Lux Funds - China Equities
A high conviction, bottom-up equity solution for uncovering value in China
Introducing Fullerton Lux Funds – China Equities (Da Cheng International Asset Management Company Limited has been appointed as the sub-investment adviser of this Fund)
The Fund seeks to generate long-term capital appreciation by investing primarily in China “A” shares listed on PRC Stock Exchanges and stocks listed on the Hong Kong Stock Exchange.
About the Fund
Leveraging deep onshore research and a macro-aware lens, the Fund targets companies with sustainable competitive advantages that align with industry trends and customer needs.
This is a high-conviction, lower volatility1 China equity strategy focused on long-term capital appreciation through bottom-up stock selection. The Fund invests in 30-502 of our best ideas, primarily large-cap companies with strong fundamentals and capital efficiency. Guided by a valuation-driven and contrarian philosophy, it seeks to uncover undervalued opportunities with a clear margin of safety.
High Conviction Ideas, Total Return Approach
We focus on a portfolio comprising of quality value stock ideas, which are supported by deep fundamental research. The Fund adopts a total return approach with sector allocations which may differ from market indices e.g. the CSI 3001.
Uncover Unique Opportunities
We seek out companies trading below their intrinsic value, prioritizing a margin of safety through metrics like return on equity and price-to-earnings. Our contrarian approach seeks to avoid overcrowded trades, enabling us to discover unique opportunities.
Designed For Resilience
The strategy emphasizes long-term market development over short-term trends. Our large cap-stock focus, combined with effective drawdown, stringent risk management and disciplined portfolio re-balancing has helped the strategy to achieve smaller drawdowns over the past five years1.
Reimagining Growth, Redefining China Via an Onshore Investment Expert
Da Cheng International Asset Management, our strategic partner in China, is an award-winning fund manager serving a broad range of investors including social security pension funds in China and abroad3
- Source: Wind, as at end December 2024. CSI 300 is a capitalization-weighted stock market index designed to replicate the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
- Source: Da Cheng International Asset Management as at end December 2024. Please note that the number of stocks in the portfolio is subject to changes.
- Source: Da Cheng International Asset Management as at end December 2024
Disclaimers
This publication is for information only and your specific investment objectives, financial situation and needs are not considered here. The value of units in the Fund and any accruing income from the units may fall or rise. Any past performance, prediction or forecast is not indicative of future or likely performance. Any past payout yields and payments are not indicative of future payout yields and payments. Distributions (if any) may be declared at the absolute discretion of Fullerton Fund Management Company Ltd (UEN: 200312672W) (“Fullerton”) and are not guaranteed. Distribution may be declared out of income and/or capital of the Fund, in accordance with the prospectus. Where distributions (if any) are declared in accordance with the prospectus, this may result in an immediate reduction of the net asset value per unit in the Fund. Applications must be made on the application form accompanying the prospectus, which can be obtained from Fullerton or its approved distributors. You should read the prospectus and seek advice from a financial adviser before investing. If you choose not to seek advice, you should consider whether the Fund is suitable for you. The Fund may use or invest in financial derivative instruments. Please refer to the prospectus of the Fund for more information.
This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.
Fullerton Lux Funds – China Equities
Disclaimer
This publication is for information only and your specific investment objectives, financial situation and needs are not considered here. The value of units in the Fund and any accruing income from the units may fall or rise. Any past performance, prediction or forecast is not indicative of future or likely performance. Any past payout yields and payments are not indicative of future payout yields and payments. Distributions (if any) may be declared at the absolute discretion of Fullerton Fund Management Company Ltd (UEN: 200312672W) (“Fullerton”) and are not guaranteed. Distribution may be declared out of income and/or capital of the Fund, in accordance with the offering documents. Where distributions (if any) are declared in accordance with the offering documents, this may result in an immediate reduction of the net asset value per unit in the Fund. Applications must be made on the application form accompanying the offering documents, which can be obtained from Fullerton or its approved distributors. You should read the offering documents and seek advice from a financial adviser before investing. If you choose not to seek advice, you should consider whether the Fund is suitable for you. The Fund may use or invest in financial derivative instruments. Please refer to the offering documents of the Fund for more information.
For Singapore Investors:
Certain share classes of the Fund (I share classes) (the “Restricted Classes”) have been entered onto the list of restricted schemes maintained by the Monetary Authority of Singapore for purpose of restricted offer in Singapore pursuant to the Securities and Futures Act, Chapter 289 of Singapore (“SFA”). The Restricted Classes are not authorised or recognised by the Monetary Authority of Singapore and these units or shares in the Fund are not allowed to be offered to the retail public. This publication is not a prospectus as defined under the SFA and accordingly, statutory liability under the SFA relating to the content of prospectuses would not apply. The offering documents or any other publication in connection with the offer of the Restricted Classes may not be distributed, whether directly or indirectly, to any person except in accordance with the restrictions and conditions under the SFA. You are required to comply with the restrictions and conditions under the SFA in relation to the offer, holding and subsequent transfer of your units or shares in the Fund.
Exclusively distributed by:
