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Horizon China Opportunities Fund

An actively managed equity fund seeking to deliver long-term capital growth from the dynamic and evolving Chinese economy

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term.

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The Fund invests at least 80% of its assets in a concentrated portfolio of shares (equities) and equity-related securities of companies, of any size, in any industry, in China or Hong Kong. Companies will have their registered office in or do most of their business (directly or through subsidiaries) in this region. The Fund may invest in derivatives (complex financial instruments) and also up to 50% of its assets in China A Shares.

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ABOUT THIS FUND

  • A diversified portfolio designed to capture investment opportunities as political, economic, social, and technological forces drive the maturation of the Chinese economy
  • Fundamental research is channelled through a robust, proven investment process focused on company-specific analysis
  • With combined investment experience of more than 30 years, the team’s deep knowledge of Chinese equities enables them to identify mispriced opportunities

Portfolio Management

Victoria Mio, CFA

Head of Greater China Equities & Portfolio Manager

Industry since 1998. Joined Firm in 2024.

Performance

Portfolio

Top Holdings (As of 31/07/2025)
% of Fund
Tencent 9.74
Alibaba Group 9.04
China Construction Bank 6.44
AIA Group 5.41
Xiaomi 5.26
Contemporary Amperex Technology 3.59
PICC Property & Casualty 3.33
Hong Kong Exchanges & Clearing 2.99
Zijin Mining Group 2.84
NetEase 2.84
TOTAL 51.48
Sector Allocation % of Fund % of Index % of Fund % of Index As of 31/07/2025
Market Capitalization Range of Equity Holdings % of Fund % of Index % of Fund % of Index As of 31/07/2025
Exchanges breakdown (%) % of Fund % of Index % of Fund % of Index As of 31/07/2025
Regional Allocation % of Fund % of Index % of Fund % of Index As of 31/07/2025

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