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China A Share

APS China A Share (Cayman) Fund

The fund seeks long-term capital appreciation through strategic investment in companies established or operating in the PRC which are listed on the A Share markets of the Shanghai Stock Exchange, Shenzhen Stock Exchange or any other stock exchanges that open in the PRC through the APS Quota or Stock Connect.

Domicile
Cayman Islands

Structure
Open-end

Capacity
US$5 billion

Investment Manager
APS Asset Management International Ltd

Target Investments
Companies established or operating in the PRC which are listed on the A Share markets of the Shanghai Stock Exchange, Shenzhen Stock Exchange or any other stock exchanges that open in the PRC through the APS Quota or Stock Connect.

Lock-Up Period 
None

Liquidity
Weekly

Minimum Initial Subscription
US$100,000

Management Fee
• Class A: 1%
• Class B: 1.75%

Performance Fee
• Class A: 20% ( outperformance above 8% hurdle rate)
• Class B: Nil

Subscription charge
• Class A: Up to 5%
• Class B: Up to 5%

Legal Adviser
A&L Goodbody

Auditor
Deloitte & Touche

Administrator
Northern Trust International Fund Administration (Ireland) Ltd

Please click here for the latest factsheet.

APS China A Share Fund (UCITS)

The fund seeks long-term capital appreciation through strategic investment in companies established or operating in the PRC which are listed on the Shanghai Stock Exchange, the Shenzhen Stock Exchange or any other stock exchange or market which is regulated, operates regularly and is recognised and open to the public in the PRC, through QFII, RQFII or, on an ancillary basis, Stock Connect.

Domicile
Luxembourg

Structure
Open-end

Capacity
US$5 billion

Investment Manager
APS Asset Management Pte Ltd

Target Investments
Companies established or operating in the PRC which are listed on the Shanghai Stock Exchange, the Shenzhen Stock Exchange or any other stock exchange or market which is regulated, operates regularly and is recognised and open to the public in the PRC, through QFII, RQFII or, on an ancillary basis, Stock Connect.

Lock-Up Period 
None

Liquidity
Weekly

Minimum Initial Subscription
  • Class A, C & E: USD 100,000
  • Class B & D: EUR 100,000

Management Fee
  • Class A, B & E: 1%
  • Class C & D: 1.75%

Performance Fee
  • Class A, B & E: 20% (outperformance above 8% hurdle rate)
  • Class C & D: Nil

Subscription charge
  • Class A: Up to 5%
  • Class B: Up to 5%

Legal Adviser
Arendt & Medernach SA, Yuan Tai Law Offices

Auditor
PricewaterhouseCoopers, SC

Administrator
Northern Trust Luxembourg Management Company SA

Notice:
The Shares may not be marketed, offered or sold directly or indirectly to the public in China. The Shares may only be marketed, offered or sold to Chinese institutions which are authorized to engage in foreign exchange business and offshore investment from outside China. Chinese investors may be subject to foreign exchange control approval, and filing and/or registration requirements under the relevant Chinese foreign exchange regulations, as well as offshore investment approval, filing and/or registration requirements.