Fund Rationale: Schroder ISF Greater China Fund

Schroder ISF Greater China Fund (the “Fund”)
SGD Class C Accumulation Shares (ISIN: LU2289885027)
SGD Retail Class F Accumulation Shares (ISIN: LU1317429246)
Fund Manager Page

Daily Price & Charts (Class C)
Daily Price & Charts (Class F)

Endowus have selected the Fund for its time-tested investment process in picking quality growth stocks in China, Hong Kong, and Taiwan.


Key Information

Fund Objective: Aims to provide capital growth by investing primarily in equities of People's Republic of China, Hong Kong SAR, and Taiwan companies.

Suitability: Investors who are seeking capital growth, and understand the risks of investing in equity and equity-related securities in China, Hong Kong, and Taiwan.

The Class F shares is on the CPF Investment Scheme - List A Fund, and is included under the CPF Investment Scheme for Ordinary and Special Account. It has been classified by the CPF Board under the risk classification of “Low to Medium Risk – Broadly Diversified.”

Cost (Class C, Cash/SRS):
* Total Fund-level Fees include fund management fee of 1.00%.
** Endowus do not charge a preliminary sales charge or any other additional fees, other than the all-in Endowus Access Fee.

Cost (Class F, CPF):
* Total Fund-level Fees include fund management fee of 1.50%.
** Endowus do not charge a preliminary sales charge or any other additional fees, other than the all-in Endowus Access Fee.

Fund Characteristics

Fund Inception: 28 March 2002
Share Class Inception: 11 February 2021 (Class C), 24 November 2015 (Class F)
Benchmark: MSCI Golden Dragon Index

Fund AUM: SGD 5.3bn
Source: MorningStar as of 8 March 2021. Please refer to the FMC page for the most updated AUM.

Regional Allocation:

Sector Allocation:

Source: MorningStar as of 31 December 2020. Allocation data indicate actual exposure as a percentage of the Fund's total Net Asset Value. Please refer to the Fund Manager Page for the most updated information on Fund Holdings and Breakdown.

Selection Criteria

Endowus have selected the Schroder ISF Greater China Fund as we believe that investors will benefit from the time-tested process of investing in equities of China, Hong Kong, and Taiwan companies. The Fund has also had top-tier returns since its inception compared to its peers, therefore demonstrating its strength in maximising returns over the long term.

The Fund is led by Head of Greater China, Louisa Lo, who has managed the strategy since September 2002, making her one of the longest-tenured managers in the category. The Fund is also supported by 13 on-the-ground Greater China analysts operating on Schroders’ robust framework in funnelling the investment universe and sharing best ideas across teams, resulting in quality growth-focused stock-picking to add value to investors. As an additional benefit, ESG considerations are reflected in stock selection, with a focus on governance that the team believes have an impact on a stock’s growth and valuation assumptions.

Additionally, Endowus have worked with Schroders to launch the Clean share class for Cash/SRS investors while negotiating for a favourable rebate for CPF investors, resulting in the Fund being one of the cheapest amongst its peers.

Updated by Endowus: March 2021

** Disclaimer: Past performance should not be taken as an indication or guarantee of future performance and no representation or warranty, express or implied, is made regarding future performance. Any opinions expressed reflect a judgment at the original date of publication by us and are subject to change without notice.
The prospectus, profile statement, product highlight sheet, fund factsheet or other offer or product documents may contain references about the expected risk tolerance of their target investors. These are in no way indicative of how we at Endowus have assessed your risk tolerance based on your stated objectives and financial situation. Endowus accepts no responsibility for investment decisions made in response to the expected risk tolerance levels mentioned in the product or offer documents.