The Fund aims to achieve long-term capital appreciation invests all or substantially all of its assets in the FSSA Greater China Growth Fund, which invests in companies with assets in, or revenues derived from People's Republic of China, Hong Kong an...
Exposure to a high-conviction, concentrated portfolio of 40-50 companies with either assets in, or revenues derived from China, Hong Kong and Taiwan.
FSSA Investment Managers has operated as an autonomous team within the First Sentier Group since 2004. The team has been investing in Asia since 1988 and currently manages US$31.0 billion in assets across Asia Pacific, Greater China, Global Emerging Markets and India. Led by Helen Chen, a seasoned investor with over a decade of experience in Chinese equities and also the Lead Portfolio Manager for the FSSA China Focus and FSSA China All Cap strategies. She is supported by Martin Lau, Managing Partner at FSSA and a veteran investment professional with more than 20 years of industry experience. All senior team members including Portfolio Managers own long-term equity in the FSSA business ensuring strong alignment of interests.
Consistent benchmark outperformance without compromising on risk control, having registered the lowest down capture ratio and maximum drawdown versus peers on a common since inception basis. Given the quality focus, the fund tends to have a low downside market capture but may underperform during liquidity-driven rallies led by lower-quality names.
Contrarian, benchmark agnostic approach with a focus on quality companies with good valuations and management integrity. The research process focuses on key factors such as the quality of management, strength of the franchise, and balance sheet, along with a sustainable growth trajectory. This is combined with a top-down approach to identify opportunities across various industries and prevailing trends within the Greater China region.
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
Investors seeking quality exposure to companies in the Greater China region can consider the Fund as a satellite allocation to complement other existing equity funds. Investors should remain mindful that the Fund is a regional equity strategy and will likely experience periods of heightened volatility and make sure their portfolio remains geographically diversified in most cases.
Daily data. Returns as of 04 Nov 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 4.2% | 1.4% | -6.7% | 11.4% | 6.4% | -0.8% | -1.4% | 2.4% | -2.2% | -5.2% | - | - |
| 2025 | 8.5% | -3.1% | 5.1% | 0.8% | -8.0% | 3.1% | 1.1% | 5.0% | 2.3% | 5.5% | 0.4% | -1.5% | -1.5% |
| 2024 | 12.5% | -7.2% | 9.1% | 1.6% | 4.7% | -0.8% | 0.0% | -5.5% | -1.1% | 13.3% | -2.3% | -3.1% | 5.0% |
| 2023 | -10.9% | 8.4% | -5.5% | 0.9% | -3.6% | -4.7% | 3.3% | 1.5% | -7.8% | -0.9% | -3.2% | 1.9% | -0.8% |
| 2022 | -23.3% | -3.0% | -2.0% | -8.7% | -5.9% | 1.7% | 1.2% | -6.3% | -0.5% | -10.3% | -11.7% | 23.2% | 0.5% |
| Load more | 5 of 34 | ||||||||||||
| Taiwan Semiconductor Manufacturing Co Ltd | 9.48% |
| MediaTek Inc | 6.50% |
| Tencent Holdings Ltd | 5.79% |
| Delta Electronics Inc | 4.70% |
| FSSA Greater China Growth Z USD Acc | 4.66% |
| Tripod Technology Corp | 3.56% |
| Lite-On Technology Corp | 3.50% |
| H World Group Ltd Ordinary Shares | 3.41% |
| PDD Holdings Inc ADR | 3.21% |
| Silergy Corp | 3.14% |
| Sinbon Electronics Co Ltd | 2.94% |
| Contemporary Amperex Technology Co Ltd Class A | 2.68% |
| AIA Group Ltd | 2.64% |
| NetEase Inc Ordinary Shares | 2.63% |
| Meituan Class B | 2.57% |
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