Product Goldstream Star Manager Series》 

 

China Equity Long Short  Fund 

Interested clients can download “Goldstream Connect” to include this index into their portfolios or contact our client service team

Fund Highlights

  • China-focused, cross-markets: The fund invests in Chinese companies listed in mainland China, Hong Kong, and the US.  

  • The Chinese version of QMJ incorporating systematic and discretionary quality rating:The fund longs quality companies and shorts junk companies using a proprietary ranking system.  Moreover, the fund prioritizes those investment ideas with better risk-reward ratios and supported by medium-term fundamental trends. 

  • A Long Exposure, Low Volatility, and Highly Diversified Portfolio:  Typically the fund holds 100-200 liquid names with low market exposure. 

  • Aiming for Attractive Risk-adjust Returns in the Highly Volatile Chinese Market:   The long-short fund is absolute-return-oriented, with a target return of 10-15% and volatility of 6-8% per annum. 

 
 

Fund Manager:Oliver  Zeng    

  • The award-winning Portfolio Manager has more than 10 years' long-short experiences; The supporting resarch team are experienced and has been working together for years. 

Fund Performance 

  Fund performance is restricted to investors only  

  • If you are an investor to this product, please try to download Goldstream Connect and access the fund information there. 

  • If you are a potential investor and would like to find out more about this product, please contact our client relations head Andrew Yin.

 

 

Fund Statistics

   Fund statistics are restricted to investors only  

  • If you are an investor to this product, please try to download Goldstream Connect and access the fund information there. 

  • If you are a potential investor and would like to find out more about this product, please contact our client relations head Andrew Yin.

 

Strategy Description

  • Investment Opportunities: Quality-Minus-Junk strategy has been proven effective across markets in long time frame.  Quality divergence of Chinese companies become more and more evident in the country's structural transition from "old economy" to "new economy" and from domestic market-oriented to global market-oriented. This provides ample long and short opportunities.  

  • Investment Process - Quality First, the Chinese version of QMJ: It is not straightforward to assess Chinese companies' quality.  Listed companies' financial reports oftentimes do not date back long enough and not accurate enough to allow investors to us carrying out systematic quality ratings.  We manually rated the quality of these companies using our proprietary system. The quality ranking forms the basis of our long-short ideas. 

  • Investment Process - Incorporating Value and Fundamental Trends:   After the quality ranking, we also incorporate value and fundamental trends of the company to prioritize those ideas with good risk-reward ratios and those supported by medium-term fundamental trends.  

  • A Diversified Portfolio with Low Market Exposure:  We aim to build a long-short balanced, sector-mostly-neutral portfolio, consisting as many as 100-200 liquid names at most points of time. 

 

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业务及投资者关系主管,邮箱:andrewyin@goldstreamfund.com

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