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Objective

The objective of the fund is to create sustained shareholder value by actively managing a portfolio of select listed Chinese equities focusing on privately controlled companies.

Rationale

China is once again on its way to supremacy. It has both, a plan and the will to deliver. China's rise rests to a large extent on its long-standing policy of "controlled release". While political leadership remains firmly with the Communist Party the markets are gradually opened and their framework is continuously strengthened. Private enterprises are the engine of China's rise. The private sector grows faster than the government sector. Entrepreneurs have no mandate to serve the nation. Their single aim is the prosperity of their companies.