Mutual Funds

Krane-UBS China A Share Fund

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Investment Philosophy:

The Krane-UBS China A Share Fund is driven by the view that the best way to capture the alpha potential of China's A Share market is to identify high quality, industry leading companies in strategic industries. The Fund is concentrated in a select number of holdings and has a long-term investment horizon.

Research Process:

  • Strategic Industries - Focus on strategic industries that could benefit from China's structural growth and transition to services-led economy.
  • Fundamental Research - Sector analysts conduct in-depth industry and company research, and the portfolio manager and analysts visit the companies in-person.
  • Industry Leaders - Identify leading companies with good corporate governance, a proven business model, and solid core operations.
  • Portfolio Construction - Seek to maximize investment returns through our 20 to 60 "best stock ideas"

Fund Details

TickerKUAIX
Share ClassInstitutional
Inception Date6/15/2021
BenchmarkMSCI China A Onshore Index (Net)
Gross Expense Ratio1.55%
Net Expense Ratio1.49%*
Minimum Investment$100,000

Portfolio Manager

Bin Shi, CFA
Managing Director,
UBS Asset Management

Bin Shi is a member of the Global Emerging Market and Asia Pacific Equities team at UBS Asset Management, the sub-adviser of the Fund, located in Hong Kong. He is the lead Portfolio Manager for the China equity strategies. Prior to joining UBS Asset Management, Bin spent three years as Head of Int’l Business, portfolio manager and analyst with Boshi Fund Management Co., one of the largest domestic mutual fund companies in China. Prior to that, he worked in the US for eight years as portfolio manager and analyst for several US mutual fund firms. Bin joined UBS in January 2006 and has managed the Fund since inception.


Performance History

Distributions
Cumulative %
Data as of: 08/31/2021
Fund Benchmark
1 Month -4.23%
3 Month
6 Month
Since Inception -16.3%
Cumulative %
Data as of quarter end: 06/30/2021
Fund Benchmark
Since Inception 0.8%

*Fee waivers are and in effect until August 1, 2022

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Top 10 Holdings

Data as of 07/30/2021
Full Holdings .CSV
Rank Company Name Ticker % of Net Assets
1 CASH 20.84%
2 CHINA MERCHANTS BANK-A 600036 C1 9.53%
3 YUNNAN BAIYAO GROUP CO LTD-A 000538 C2 9.44%
4 KWEICHOW MOUTAI CO LTD-A 600519 C1 8.9%
5 PING AN BANK CO LTD-A 000001 C2 8.66%
6 WULIANGYE YIBIN CO LTD-A 000858 C2 8.38%
7 WANHUA CHEMICAL GROUP CO -A 600309 C1 4.92%
8 JIANGSU HENGRUI MEDICINE C-A 600276 C1 4.83%
9 MIDEA GROUP CO LTD-A 000333 C2 4.82%
10 LUXSHARE PRECISION INDUSTR-A 002475 C2 3.76%

Holdings are subject to change.