New Capital China Equity Fund

The investment objective is to achieve capital appreciation through investment primarily in quoted securities issued by companies with principal offices or significant business activities in the People’s Republic of China and Hong Kong.

New Capital China Equity Fund

The investment objective is to achieve capital appreciation through investment primarily in quoted securities issued by companies with principal offices or significant business activities in the People’s Republic of China and Hong Kong.

20-25%

Gross IRR

2.3x-3.2x

Target Gross Money Multiple

6.2 Billion

Fund Size

Fund Type

Open-End

Geographies

Global

Industry Focus

Technology

Fund Style

Growth

Lock-up Period

1 year

Subscription

Daily

Closing Date

Q3 2021

Track Records

As part of Venture Smart’s rigorous selection and due diligence process, we analyse the fund’s investment record for the specific fund strategy in great detail. We scrutinize investment level performance, comparing investment strategy with results and understanding the team’s actions to drive overperformance and manage under performance.

For definitions of investment terms and metrics please review our glossary.

Why We Invest

Venture Smart, including its management and advisors, only offers investments that have gone through a rigorous due diligence process once we are convinced of the merits of the investment opportunity. 

For definitions of investment terms and metrics please review our glossary.

Terms & Legal

New Capital China Equity Fund

Fund Manager

KBA Consulting Management Limited, Dublin

Investment Manager

EFG Asset Management (UK) Limited

Management fee per annum

1.75% attributable to all other Classes

Performance fee

Not Applicable

Depositary fee

(i) 0.02% plus value added tax (“VAT”), if any, subject to a minimum fee of US$1,000 per month; and

(ii) an annual fee of US$3,000 in respect of oversight services.

Administration fee

Not exceeding 0.09% of the NAV (plus VAT, if any), subject to a minimum fee of US$1,500 per month

Tax status

The Company may be liable to taxes (including withholding taxes) in countries other than Ireland on dividend, interest income earned and capital gains arising on its investments. 

Other Charges

You may have to pay other fees when dealing in the shares of the Sub-Fund.

Remarks

You generally buy and redeem shares at the Sub-Fund’s next-determined NAV after the Hong Kong Representative receives your request in good order on or before 4pm HK Time on a Valuation Day which is also a Hong Kong Business Day, being the dealing cut-off time. The Hong Kong representative may impose different dealing deadlines for receiving requests from investors. Different distributors may impose different dealing deadlines (which may be earlier than the Hong Kong Dealing Deadline) for receiving requests from investors.

Investment Structure

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Disclaimer

Warning statement

Past performance is not a guide to future performance. Returns may increase or decrease as a result of currency fluctuations. All performance data is calculated NAV to NAV, net of fees, dividends reinvested and does not take account of commissions and costs incurred on the issue and redemption of units. US/Hong Kong dollar-based investors are exposed to currency fluctuations where funds are denominated in currencies other than US/Hong Kong dollars.

Performance data is not available if a share class is less than 12 calendar months old. However performance data for other share classes of the same fund will be available in the factsheet, provided such share classes are more than 12 calendar months old. Performance between share classes may differ due to factors such as hedging strategies and fees.

Important Information

  • The investment may involve risks that could result in loss of part or entire amount of investors’ investment.
  • Investors should not solely rely on this document to make any investment decision. You should read and understand the offering documents for further fund details including risk factors.
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What We Do

Institutional Asset Management

Financing

Private Asset Management

Contact

Headquarters and principal place of business
23/F, Lee Garden Five, 18 Hysan Avenue, Causeway Bay, Hong Kong
T +852 3589 6938
F +852 3589 6939

Causeway Bay Office

12/F, Phase II, China Taiping Tower, 8 Sunning Road, Causeway Bay, Hong Kong
Email: enquiry@vsfg.com