Value Partners has launched its first Ucits product, the Greater China Specialist fund.
The fund is a sub-fund of the Value Partners Ireland Fund, a Dublin-domiciled umbrella company regulated by the Central Bank of Ireland.
It aims to achieve long-term capital growth by investing in equity and equity-related securities listed on stock exchanges within the Asia Pacific region.
The fund was launched last month. According to the latest fund fact sheet, 29% of the fund is still held in cash.
Citi has been appointed as administrator.
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