Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 5 January 2016, 17:00 HKT/SGT
E Fund Launches E Fund China A Enhanced Equity Fund in US Market

United States, Jan 5, 2016 - (ACN Newswire) - E Fund Management (Hong Kong) Co., Ltd. (E Fund Hong Kong), announced that the company launched the E Fund China A Enhanced Equity Fund (the Stock Fund or the Fund) in the US market, as the first RQFII active mutual funds in the US. This new active product, targeting US institutional and retail markets, will provide an alternative to current passive offerings in the market with possible MSCI inclusion in China in its indices in the future.

The Chinese equity market is known for its potential investment opportunities. Even with the selloff in June, A share's return in 2015 still beats many developed markets. The E Fund China A Enhanced Equity Fund could be regarded as one of new ways to diversify investors' portfolio and gain exposure to the Chinese equity market. The Stock Fund's stock selection strategy incorporates quantitative, fundamental and technical analysis to identify different dimensions that influence a stock's valuation. The Fund normally invests at least 80% of its assets in China A-Shares, which are equity securities of issuers located in the People's Republic of China that trade in renminbi ("RMB") on the Shanghai or Shenzhen Stock Exchanges.

Mr. Zhang Qiang (David), Managing Director and Head of E Fund US commented, "As one of the largest asset manager in China, E Fund is the first Chinese firm to launch 40 Act mutual funds in US. The launch of the Stock Fund marks the start of a new era that Chinese asset managers move from just offering passive products to active products in overseas markets. Going forward, performance and active investment capacity will become the key differentiating players and products in the field. We believe that A-share shall play an increasingly important role in global investors' asset allocation next year. By launching in 2015, the Fund will be able to gain a full year's of track record by the end of 2016. As part of our global expansion strategy, E Fund opened US office in August 2015. We expect to launch more products in 2016." He added, "This is not a recommendation to invest in the Fund, investors should read the prospectus carefully before deciding to invest."

*E Fund China A Enhanced Equity Fund is not an SFC authorized fund and is not available to retail investors in Hong Kong.

About E Fund Management (Hong Kong) Co, Ltd.

E Fund Management (HK) Co., Ltd ("E Fund HK") was officially established in 2008 and is licensed by the Securities and Futures Commission of Hong Kong to conduct Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities. As a premier global business platform for E Fund Management Co., Limited ("E Fund"), E Fund HK has a subsidiary office in New York, and listed a total of 18 RQFII ETFs and RQFII/QFII public funds at six stock exchanges across the US, Europe and the Asia-Pacific. Total assets under management of E Fund HK exceeded RMB 40 billion (over US $7 billion)*.

E Fund, the parent company of E Fund HK, was founded in 2001 and is headquartered in Guangzhou. It has branch offices in Beijing, Guangzhou, Shanghai, Chengdu, Nanjing, and subsidiaries including E Fund International Holdings Ltd., E Fund HK, E Fund Asset Management Co., Ltd. and GuangDong Xin San Lian Investment Development Co., Ltd. E Fund has grown tremendously to become one of the largest fund management corporations in China with assets under management of RMB 535 billion*. It is licensed to cover a full spectrum of asset management services in China including, public funds, the national social security fund, corporate annuities, discretionary accounts, QDII, QFII and RQFII. E Fund passed independent verification of the Global Investment Performance Standards (GIPS) in August 2014, signifying an important step forward to becoming more internationalized with unified performance reporting.

Capitalizing the investment and research ability of E Fund, E Fund HK maintains three investment research teams, each specializing in RQFII/QFII, overseas and alternative investments. Integrated with E Fund's global expansion strategies, E Fund HK is committed to providing quality asset management services for onshore and offshore investors in Greater China and US ADR markets. Through the construction of a global-facing asset allocation platform, E Fund HK serves as a window to investors in China for asset allocation exposures all over the world. (*as of 30 June, 2015)

E Fund HK Disclaimer

Nothing in this document should be construed as advice, recommendation, offer to sell or solicitation of any offer to invest in any of the funds or products in any jurisdiction, whether or not managed by E Fund Management Co. Limited and/or E Fund Management (HK) Co., Limited ("E Fund HK"). None of the information contained herein has been reviewed or approved by any regulatory authority in Hong Kong or in any jurisdiction. This document is supplied to you solely for your information. E Fund HK has, to the best of its endeavor, ensured that the information contained herein is accurate and reliable at its original date of publication, but makes no representation (in any form) as to its accuracy, completeness and validity, whether in whole or in part. Such information is subject to change without notice. E Fund HK shall have no responsibility whatsoever for any use or reliance thereof. Investment involves risk. Past performance is not indicative of future performance. You should not solely base on the information contained herein to make investment decision. You shall refer to the offering document for details of the relevant scheme or product, including the risk factors. This document is issued by E Fund HK and has not been reviewed by the Securities and Futures Commissions of Hong Kong.

Investors should carefully consider the investment objectives, risks, charges and expenses of the E China Enhanced Equity Fund and E China Total Return Bond Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 888-292-8490. The prospectus should be read carefully before investing. The E China Enhanced Equity and E China Total Return Bond Funds are distributed by Northern Lights Distributors, LLC member FINRA/SIPC. E Fund Management (HK) Co., Ltd. is not affiliated with Northern Lights Distributors, LLC.

Jan 5, 2016 17:00 HKT/SGT
Topic: Press release summary
Sectors: Daily Finance, Alternatives
From the Asia Corporate News Network

Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Latest Press Releases
TOYOTA GAZOO Racing Eyes South American Gravel Glory  
Apr 19, 2019 16:30 HKT/SGT
Toyota, DENSO and SoftBank Vision Fund to Invest $1 Billion in Uber's Advanced Technologies Group  
Apr 19, 2019 08:35 HKT/SGT
Hemp, Inc. Reports Oklahoma Next to Allow Commercial Production of Industrial Hemp  
Apr 19, 2019 01:00 HKT/SGT
ReShape Lifesciences Announces Distribution in Australia  
Apr 18, 2019 20:00 HKT/SGT
Innovative transition to new age of computing  
Apr 18, 2019 17:00 HKT/SGT
Suprema ID introduces Android-based mobile fingerprint enrollment solutions at ConnectID 2019  
Apr 18, 2019 16:00 HKT/SGT
DOCOMO, DOCOMO USA and ITOCHU Logistics to trial IoT Fleet Management solution in US  
Apr 18, 2019 15:52 HKT/SGT
TransCanna Completes Sub-Lease of 10,000 Square Foot Facility in Adelanto, CA  
Apr 18, 2019 15:30 HKT/SGT
SGX Bull Charge kicks off 2019 fundraising with Sasseur Asset Management as Premium Partner  
Apr 18, 2019 15:00 HKT/SGT
Dusit Princess Residences Dubai Marina set to open at the end of April  
Apr 18, 2019 14:30 HKT/SGT
More Press release >>
More >>
 News Alerts
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: