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Neuberger Berman China Equity USD A Acc

Ranked 52 out of 149 in - Greater China over 12 months
All calculations are in USD unless stated

Managed by

Frank Yao

Frank Yao was born in Shanghai in 1961. He started his career as a professor at the Shanghai University of Technology in 1987. In 1993 he started his investment career by joining Dow Jones as mortgage-backed securities analyst. Over the last sixteen years he has joined different companies such as Goldman Sachs, Alpha AM, Berens Capital, HuaAn Fund Management and Avenue Capital. Frank joined Neuberger Berman, Asia in 2008 where he is the managing director as well as a fund manager. His investment style is active and Frank bases it on intensive research, bottom up and a macro overlay with a value-bias. He holds a masters degree in Finance from the Stern School of Business at New York University and he is member of the standing committee of the Chinese people's political consultative conference (CPPCC) in Shanghai Pudong. Frank also sits on the QDII Expert Committee for China Securities Regulatory Commission (CSRC). Away from fund management he enjoys tennis.


To increase the value of your shares through a combination of growth and income by investing in the shares of companies that carry out a majority of their activities in the Greater China region: China, Hong Kong, Macau or Taiwan. The fund will identify opportunities by carrying out intensive research on companies as well as the general economic outlook for the region.

Showing fund performance globally. You can view performance in individual jurisdictions.


Greater China over : 31/03/2016 - 31/03/2017

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 13.9%
2016 -4.3% -7.9% 0.2% 12.7% -8.0%
2015 0.7% 4.6% 10.4% -20.8% 10.1%
2014 21.6% -3.8% 5.8% 5.0% 13.8%
2013 4.4% -1.7% -8.5% 8.5% 6.9%
2012 22.5% 7.0% -4.4% 2.6% 16.9%
2011 -14.1% 4.0% 0.7% -20.0% 2.6%
2010 8.6% -1.6% -4.8% 16.1% -0.2%
2009 16.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Tencent Holdings Ltd ORD 9.51
Alibaba Group Holding Ltd DR 9.00
Midea Group Co Ltd ORD 7.02
Industrial and Commercial Bank of China Ltd ORD 6.37
Bank of China Ltd ORD 5.93
China Mobile Ltd ORD 4.53
Kweichow Moutai Co Ltd ORD 4.34
PICC Property and Casualty Co Ltd ORD 3.97
Shanghai International Airport Co Ltd ORD 3.18
CSPC Pharmaceutical Group Ltd ORD 2.94

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Denmark
  5. Finland
  6. France
  7. Germany
  8. Hong Kong
  9. Iceland
  10. Ireland
  11. Italy
  12. Korea
  13. Liechtenstein
  14. Luxembourg
  15. Netherlands
  16. Norway
  17. Portugal
  18. Singapore
  19. Spain
  20. Sweden
  21. Switzerland
  22. United Kingdom

Fund Info

  • Launch date14/07/2009
  • Share Class size182Mn
  • Base currencyUSD
  • ISIN IE00B543WZ88

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0


Related News

A-rated pair launch China equity boutique

China specialist to move across to newly-formed independent asset manager but continue to subadvise fund, Citywire Selector has learned.

AA-rated manager ups Chinese bank exposure

Neuberger Berman's Frank Yao has significantly increased holdings in Chinese banks due to depressed valuations.

Keeping ahead in China: two most consistent managers revealed

Citywire Global uncovers the standout managers who have stayed ahead of the pack during five years of rapid growth and mounting contraction concerns.

China set for A-Shares revolution, says equity manager Yao

Neuberger Berman's Frank Yao believes liberalisation of country's financial markets will produce ample investment opportunities.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).