FSA compares two onshore mixed-asset products: The FTS China Prospect Mixed Assets Fund and the Invesco Great Wall Core Competence Mixed Securities Fund.
But the US firm noted that it has “management control” over the joint venture.
Morningstar’s semi-annual report on China’s best mutual fund ideas chose 16 onshore funds based on fund manager experience, consistency in investment process and performance in several market cycles.
A mixed-asset fund managed by Invesco Great Wall stands out among peers in Morningstar’s semi-annual ranking of best China funds, according to Rachel Wang, director of manager research in China.
FSA compares two MRF-approved China mixed-assets funds: the HSBC Jintrust Dynamic Strategy Fund and the Invesco Great Wall Core Competence Mixed Securities Fund.
Invesco-Great Wall and GF International have had China onshore funds approved by the SFC for sale in Hong Kong.