Hennessy and Associates have launched a new fund that will focus on capital gains and income opportunities in the Chinese market.

This press release was originally distributed by ReleaseWire

Taipei, Taiwan — (ReleaseWire) — 08/11/2022 — Hennessy and Associates, the Taiwan-based wealth management specialists, have announced the launch of their new China Multi-Asset Income Distribution Fund I (“the Fund”), which will focus on capturing the capital gains and income opportunities in the Chinese market.

Jonathan Bennett, Director of Emerging Markets, said: “We are committed to capitalizing on the opportunities presented by China’s economic growth. This fund will capture the best return opportunities in the Chinese market while minimizing risk for our clients.”

The Fund, which has a recommended investment horizon of 3-5 years, will provide income and some capital growth by investing through a collective investment fund, investing primarily in a diversified equity portfolio primarily focused on AI, Healthcare, FinTech and other Renewables Energy.

The fund offers active asset allocation with a comprehensive risk management policy and is split between Chinese equities (60%), cash equivalents (10%) and Chinese bonds (30%), which are best positioned to benefit from the growth opportunities of the Chinese markets.

The fund invests in both H-share and A/B-shares in the equity market and offshore and onshore RMB in the fixed income market, and any exposure to onshore equities and fixed income assets is managed to take advantage of growth opportunities through onshore facilities.

Investors are primarily rewarded with returns on assets and a sustainable income stream that is primarily provided by the fixed income assets. The Fund is expected to pay through an annual distribution subject to the availability of actual…