Fortis Investments has launched the New Equity Opportunities China Fund, which is geared to institutional investors and aims to exploit opportunities in both Chinese-listed equities (A and B-shares) and Chinese equities listed in overseas markets, such as H-shares, Red Chips and P-shares, HedgeWeek reports.
They may also invest in short-term deposits in renminbi and, where possible, take short positions in index futures. Net asset valuations, subscriptions and redemptions are weekly and subject to the same conditions as Fortis’s other qualified foreign institutional investor funds.
“How can investors continue playing the Chinese equity market?” says Simon Godfrey, senior product specialist for pan-Asian equities at Fortis Investments. “With the launch of this new fund, investors can fine-tune their exposure to Chinese equities, taking a position in foreign-listed Chinese stocks.”