First Plus China Equity Quantamental Alpha Fund-A
An open-ended equity fund with exposure to foreign market
The fund has a policy to invest in equity instruments, with a primary focus on shares of companies listed on the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE) in mainland China (A-Shares). The fund will maintain an average net exposure of not less than 80% of the fund’s net asset value (NAV) during the accounting year in such instruments. The fund will employ a proprietary quantitative strategy based on a ‘Quantamental’ investment approach, which combines fundamental analysis and quantitative analysis. (Please refer to the Fund’s Prospectus for further details.) In addition, the fund may invest directly in China A-shares through the Shanghai–Hong Kong Stock Connect or Shenzhen–Hong Kong Stock Connect programs (collectively referred to as ‘Stock Connect’), or through the QFII (Qualified Foreign Institutional Investor) scheme.
The fund may invest in derivatives for foreign exchange hedging (FX hedging) or for efficient portfolio management (EPM) purposes at the discretion of the fund manager (dynamic hedging).
The fund may invest in other mutual funds under the same Management Company on average no less than 20% of NAV in an accounting year.
The Management Company assigns First Plus Asset Management Pte. Ltd. to manage the Fund (Outsource Fund Manager)
Capital Accumulation Class (FP GLEQ-A): None