Greater China Fund

With a market-leading team of 12 based in Shanghai and Edinburgh, Martin Currie Greater China Fund focuses exclusively on Greater China.

We have significant sell-side experience, so are not reliant on brokers. Our contacts at government level are excellent, and we are the only foreign fund manager with 11 years' experience of investing in Chinese A-shares.

In the course of our research, we visit over 1,000 companies each year. We look for sound and sustainable growth potential, dominant market positions in their own fields, and a distinct competitive edge. To establish a 'margin of safety' for investors, we seek a sound record of capital management, attractive valuations and quality management.

We believe that small, mid and large-cap companies alike can offer these characteristics and generate alpha if we pick the right stock at the right price.

The Greater China market is increasingly deregulating, and valuations are compelling across the region. Hong Kong and Taiwan also offer high dividend yields. With the disposal of state assets on the mainland, there is an improved quality of companies being privatised. Management incentives are becoming more widespread, and corporate activity is increasing in the form of mergers and acquisitions, and management buyouts.

The risks relevant to investment in China are outlined overleaf are and should be read in conjunction with all warnings and comments given in the full Prospectus.