Back to top

Mutual Fund Commentary

China has always been the growth leader among Asian economies. Since the start of 2013, economic indicators have shown that the growth in the world’s second largest economy has slowed down. But other reports show that the tide may turn sooner rather than later. In any case, China has always maintained an upward momentum. Investing in China is a good bet, especially given that it has performed much better in comparison with other Asian economies.

Below we will share with you 5 top rated China funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all China funds, investors can click here to see the complete list of funds.

Columbia Greater China A (NGCAX - MF report) invests heavily in equity securities of companies whose principal operations occur in the Greater China Region. This area includes Hong Kong, China and Taiwan. Investments are made in companies regardless of market cap and those companies which are undervalued. The China mutual fund returned 12.26% over the last one year period.

The China mutual fund has a minimum initial investment of $2,000 and an expense ratio of 1.53% compared to a category average of 1.80%.

Dreyfus Greater China A (DPCAX - MF report) seeks capital growth on a long term basis. It invests in companies traded on the Hong Kong and Chinese exchanges. It also purchases securities of companies who derive at least half of their revenues from operations in China. The China mutual fund has a one year annualized return of 24.47%.

The fund manager is Hugh Simon and he has managed this China mutual fund since 1998.

Fidelity China Region (FHKCX - MF report) invests heavily in equity securities of companies whose principal operations occur in the Greater China Region. This area includes Hong Kong, China and Taiwan. The China mutual fund returned 23.22% over the last one year period.

The China mutual fund has a minimum initial investment of $2,500 and an expense ratio of 0.98% compared to a category average of 1.80%.

EP China A (EPHCX - MF report) seeks capital growth on a long-term basis. A majority of its assets are invested in publicly traded companies which are non-U.S. dollar denominated and are related to China’s economy. The fund may also focus on dividend yielding stocks. The China mutual fund returned 21.66% over the last one year period.

As of June 2013, this China mutual fund held 45 issues, with 4.75% of its total assets invested in AIA Group Ltd.

John Hancock Greater China Opportunities A (JCOAX - MF report) invests a majority of its assets to purchase securities of companies from China, including Hong Kong. The fund may invest a minimum of 5% of its assets in individual companies. A maximum of 20% of its assets may be invested in companies which are located outside China. The China mutual fund returned 23.52% over the last one year period.

The fund manager is Kai-Kong Chay and he has managed this China mutual fund since 2011.

To view the Zacks Rank and past performance of all China funds, investors can click here to see the complete list of funds.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.

Please login to Zacks.com or register to post a comment.

If you wish to go to ZacksFunds.com, click OK. If you do not, click Cancel.

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%
STRATTEC SE… STRT 80.24 +3.00%