China A-Shares

The strategy seeks to tap into China’s rising economic prominence by investing in the local China A-share market as its influence on the global stage continues to grow. Leveraging Manulife’s on-the-ground research capability through a Beijing-based joint venture partner, Manulife TEDA, the investment team has access to local insight to help them navigate the vast and growing landscape.

Philosophy

The team believes that China’s A-share market is largely inefficient, and seeks to generate sustainable excess returns by pinpointing companies with pricing power that can compete locally, regionally, and globally. This includes underresearched and underappreciated stocks with turnaround potential and strong fundamentals. While due consideration is given to current economic and market conditions, the team primarily applies a bottom-up investment process to help avoid overpaying for growth.

Managed by

Kai-Kong Chay, CFA

Senior Portfolio Manager, Asia ex-Japan Equity

Kai-Kong oversees the firm’s Greater China equity desk and works with investment specialists across Hong Kong, China, and Taiwan to lead management of the firm’s Greater China portfolios and strategies. Prior to joining the firm in 2011, he gained a wealth of experience in Greater China equities through positions at Reliance Asset Management, Standard Life Investments (Asia), Pioneer Investments, and CMG First State. Kai-Kong holds the Chartered Financial Analyst designation.    

  • Education: B.A. in Accounting, Nanyang Technological University
  • Joined the company: 2011
  • Began career: 1997
Kai-Kong Chay, CFA

Vehicles

At Manulife Investment Management, we offer investment strategies through a variety of vehicles to suit a broad range of client needs. Contact our institutional sales or consultant relations team to find out if this strategy/vehicle is offered in your region. 

  • Separate accounts

    Our separate accounts and separately managed accounts (SMAs) are designed for institutions and high-net-worth clients seeking tailored investment solutions and direct ownership of securities. 

  • CITs

    Our professionally managed collective investment trusts (CITs) are available in certain qualified retirement plans.

  • Mutual funds

    Mutual funds are liquid, professionally managed portfolios which are available to both institutional and retail investors.


Key facts

  • Inception date

    November 2010

  • Strategy AUM (USD)

    $36.26 million

  • Benchmark

    Shanghai Shenzhen CSI 300 Index

  • Style

    Growth at a reasonable price

  • Expected tracking error

    3% to 8%

  • Average portfolio manager experience

    20 years

Important information

All information shown is as of September 30, 2020, unless otherwise indicated. Strategy-level information may differ from vehicle-specific information. Not all vehicles are available in all locations and may be offered through affiliates of Manulife Investment Management.


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