Growth
Guinness China A Share
Overview
The Guinness China A Share Fund seeks capital growth and invests in high-quality companies in the China A share market exposed to structural growth themes.
Rising incomes, shifting demographics and advancing technology are creating identifiable investment themes in China across consumer, industrial and infrastructure sectors. This presents international investors a compelling opportunity in a market ripe with inefficiencies.
The Guinness China A Share Fund uses these themes to assemble a concentrated portfolio of high-quality, profitable companies exposed to mainland China's economic development.
What are China A share stocks?
The China A share market, consists of domestically-focused companies listed on the Shanghai and Shenzhen stock exchanges. It offers a wide choice of opportunities to invest in the rise of China.
While offering more focused and liquid exposure to China's growth than offshore stocks, mainland China stocks via A shares also present a different risk profile. A disciplined process focused on return on investment, well-managed balance sheets and growth opportunities that the market does not yet fully value helps navigate that risk.
When investing in onshore Chinese stocks, an active approach, incorporating systematic analysis of risk as well as return, is more likely to lead to better investment outcomes than the adoption of a passive strategy.
- Exposure to growth themes - A structural thematic framework provides the starting point for the stock selection process.
- Quality focus - Companies must be well governed, financially sound and operationally efficient to enable them to translate a leading market position into profits and crucially, cash.
- Value discipline - The A share market is still driven by retail investors, creating both risk and opportunity for active investors.
- High conviction - The Fund invests in 30 companies with an equally weighted approach. This concentrated structure results in a portfolio that is truly differentiated from peers and the benchmark index.
The Guinness China A Share Fund could be suitable for investors looking for more direct exposure to mainland China stocks, or as a low correlation to developed markets allocation within an Asia growth portfolio.
Fund Facts
- Launch Date
- 09.03.2023
- Fund Managers (start date)
- Sharukh Malik (09.03.2023)Edmund Harriss (09.03.2023)
- Benchmark
- MSCI China A Onshore
- IA Sector
- IA China/Greater China
- ISIN
- IE000JCEKTR0
- SEDOL
- BMH8LV8
- BLOOMBERG
- GUCASYU ID
- Underlying currency
- CNH
- Pricing
- Daily, forwards
- Valuation
- 23:00 Dublin time
- Deal cut off time
- 15:00 Dublin time
- Administrator
- Waystone Administration Solutions (IE) Limited
- UK Reporting Fund Status
- Yes
- ISA Eligible
- Yes
0.77%
None
Fund Registration
Please click on each country to see share class availability
Commentary
July Commentary
This is a marketing communication. Please refer to the prospectus, supplement, KIDs and KIIDs for the Funds (available on this website), which contain detailed information on their characteristics and objectives and full information on the risks, before making any final investment decisions.
Onshore Chinese equities have experienced strong performance year-to-date, with the MSCI China A Onshore Index rising 15.6% (in USD) and outperforming the MSCI World Index, which rose 9.7%. However, headline returns masked highly concentrated performance in the onshore market, with AI-related Information Technology stocks accounting for the majority of returns. Consumer sectors, banks and other areas linked to the domestic economy were much weaker. The valuation of Information Technology stocks in the onshore market has risen sharply, from 30.8x to 46.9x, on a forward price/earnings basis. This means the stocks now trade at almost twice the valuation of their developed-market counterparts, represented by the MSCI World Information Technology Index, which trades at 23.5x forward earnings.
Read full commentary
Guinness China A Share Fund - July Commentary
July 2026
Performance
Portfolio
Top 10 Holdings
As at 28 Aug 2026
Source: Guinness Global Investors. Holdings and exposures may be subject to change
Top 10 Holdings
As at 28 Aug 2026
Source: Guinness Global Investors. Holdings and exposures may be subject to change
Literature
Ready to invest in this fund?
Choose to invest online through a platform or apply directly using an application form.