Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.
This week, the Ninety One All China Equity fund defeats the Harvest China Equity fund 4-2.
Harvest China Equity fund
The objective of the fund is to provide capital appreciation over the medium to long term by investing primarily in equity and equity-related securities of companies which are incorporated in, have their area of primary activity in or which are related to the growth of the People’s Republic of China.
Top five holdings:
- CNOOC (8.1%)
- Tencent Holdings (7.51%)
- Zijin Mining Group (7.43%)
- Nexteer Automotive Group (6.61%)
- China Resources Land (5.49%)
Ninety One All China Equity fund.
The fund aims to provide long term capital growth primarily through investment in equities or equity-related securities issued by Chinese companies.
Top five holdings:
- Tencent Holdings (9.7%)
- China Construction Bank Corp (4.7%)
- Kweichow Moutai (4.5%)
- Zijin Mining Group (3.6%)
- Petrochina (3.6%)
