China
Playbook

How to invest in China

Active or passive? And if passive, which is the best benchmark to track?

Citywire Playbook is your guide on the best approach for investing in the world's fastest growing large economy.

All FUND PERFORMANCE chart data is in percentages and valid as of 26 January 2021
The right strategy for investing in the world’s fastest-growing major economy
One feature of investing in Chinese equities is that it can be done in a variety of ways – directly in Shanghai, via stocks listed in Hong Kong or ADRs for certain companies listed on US markets.
Listen to our podcast about investing in China
Active
Plays
Three best active funds
Active investors in China are spoiled for choice as more asset managers set up funds to invest in increased allocations to the country. Here we highlight the three most successful funds over the past three years
Active Play
Allianz China A Shares PT GBP
Started
2011
+106.3%
On Benchmark
Active Play
Mirae Asset China Growth Equity K USD
Started
2011
+160.7%
On Benchmark
Active Play
JPM China A-Share Opps A
Started
2011
+106.8%
On Benchmark
Active Play
Allianz China A Shares PT GBP
Started
2011
View fact sheet
Total return vs benchmark in %
Source:
Morningstar
Managers
Citywire Rating
Sunny ChungSunny Chung
Sunny Chung
Sunny Chung
Sunny Chung
AAA
-
Anthony WongAnthony Wong
Anthony Wong
Anthony Wong
Anthony Wong
AAA
-
Benchmark
MSCI China A
3-year total return % (USD)
109.2
Holdings
63
Biggest holding
Jiangsu Hengli Hydraulic
Biggest holding size
4.8
%
Active Play
Mirae Asset China Growth Equity K USD
Started
2011
View fact sheet
Total return vs benchmark in %
Source:
Morningstar
Managers
Citywire Rating
Phil S. LeePhil S. Lee
Phil S. Lee
Phil S. Lee
Phil S. Lee
AAA
-
Wei Wei ChuaWei Wei Chua
Wei Wei Chua
Wei Wei Chua
Wei Wei Chua
-
Benchmark
MSCI China All Shares
3-year total return % (USD)
96.8
Holdings
50
Biggest holding
Tencent
Biggest holding size
7
%
Active Play
JPM China A-Share Opps A
Started
2011
View fact sheet
Total return vs benchmark in %
Source:
Morningstar
Managers
Citywire Rating
Howard WangHoward Wang
Howard Wang
Howard Wang
Howard Wang
AAA
-
Rebecca JiangRebecca Jiang
Rebecca Jiang
Rebecca Jiang
Rebecca Jiang
AAA
-
Benchmark
CSI 300
3-year total return % (USD)
85.2
Holdings
100
Biggest holding
Ping An Insurance
Biggest holding size
6.7
%
Index Play
iShares China Large-Cap ETF
Started
2004
View fact sheet
Total return vs benchmark in %
Source:
Morningstar
Expense ratio
0.74
%
Benchmark
FTSE China 50
P/E ratio
16.6
Holdings
51
Biggest holding
Meituan
Biggest holding size
10.3
%
Index Play
iShares MSCI China ETF
Started
2001
View fact sheet
Total return vs benchmark in %
Source:
Morningstar
Expense ratio
0.59
%
Benchmark
MSCI China
P/E ratio
20.3
Holdings
141
Biggest holding
Tencent
Biggest holding size
16.3
%
Index Play
KraneShares CSI China Internet ETF
Started
2013
View fact sheet
Total return vs benchmark in %
Source:
Morningstar
Expense ratio
0.73
%
Benchmark
CSI Overseas China Internet
P/E ratio
-
Holdings
59
Biggest holding
Tencent
Biggest holding size
10.4
%
Index
Plays
Three Largest ETFs
Our three largest ETF options have pulled in assets of more than $15bn between them. They each follow a different benchmark, giving index investors a choice of approach
Index Play
iShares China Large-Cap ETF
Started
2004
+11.6%
On Benchmark
Index Play
iShares MSCI China ETF
Started
2001
-9%
On Benchmark
Index Play
KraneShares CSI China Internet ETF
Started
2013
+33.8%
On Benchmark