China has been by far the brightest gem in the crumbling crown of the BRICS over the past year. UK-listed actively managed China funds produced an average total return of 18.39 over the 12 months to 9 November 2013), according to Morningstar - making China one of the best countries to have money invested in the world.
IC TIP:
Buy
Tip style
Growth
Risk rating
High
Timescale
Long Term
Bull points
- Wide discount
- Long track record
- Good long-term performance
- Cheaper than main rival
- Highly diversified
Bear points
- Three-year performance weak
Now is an interesting time to be buying a China and Greater China fund. Greater China equities rebounded in the third quarter of 2013, thanks to improving economic data in China as well as the delay in US tapering.