LFP JKC China

Value

Fund Investment Objectives

JKC China Value Fund is an absolute return equity fund that invests exclusively in value stocks, i.e. companies trading at low PE ratios, low PE to growth ratios, low enterprise value to EBITDA ratio and attractive price to book ratios, low (and often negative) net gearing ratios and high dividend payouts. Companies all operate out of China and are listed on the Hong Kong stock exchange. The fund uses hedging instruments and active cash management to minimize volatility. The fund focuses on companies that often fall off the radar screen of sell-side analysts.