Open Disclaimer
Disclaimer
 

It is the responsibility of the individual user to consider his or her legal and regulatory position in the relevant jurisdiction, the risks associated with trading such products and to ensure that the use of the content and the subsequent making of any investment does not contravene any such restrictions or applicable laws and regulations of any jurisdiction. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific security, index, report, opinion, advice or other content. This does not exclude or restrict any duty or liability that Hereford Funds has to its clients under the Financial Services and Markets Act 2000 (as amended from time to time) or any other regulatory system under the laws of applicable jurisdictions.

Hereford Funds, its subsidiaries, associated entities, partners, employees, representatives or suppliers will not be liable, on any grounds whatsoever, contractually or not, for any direct or indirect damage that may arise as the result of it being possible or impossible to gain access to this site, the accessing, visiting or use of this site and/or the information provided, the sending, or receiving of information via this site and/or the operation or non-operation of this site, except in the event of intentional or serious blame on its part. The information contained on this site, including any third party data is published in good faith and Hereford Funds believes that the information is accurate at the time of publication but no representation or warranty, express or implied, is made by Hereford Funds as to its accuracy or completeness and it should not be relied on as such.

Hereford Funds shall therefore have no liability, save for any liability that Hereford Funds may have under the UK Financial Services and Markets Act 2000, for any loss or damage arising out of the use or reliance on the information provided including without limitation, any loss of profit or any other damage, direct or consequential. Nor will Hereford Funds, its subsidiaries, associated entities, partners, employees, representatives or suppliers be, under any circumstances, liable for any corruption of data that may occur as the result of technical problems (e.g. transmission errors, technical failures, breakdowns, intervention of third parties, etc.) and/or for any damage or loss relating to software or hardware that is the result of any virus, defect or malfunction in relation to access or use of the site.

I certify that I am not a US person. Hereford Funds is not registered as an investment advisor with the SEC and therefore this website is neither directed at nor intended for US investors.

I Agree

Exceptional Investment Funds
Bin Yuan Greater China Fund

BIN YUAN GREATER CHINA on 11/10/2019

  ISIN Class NAV Fx Daily MTD YTD
BIN YUAN GREATER CHINA FUND
LU1778254844
LU1778255494
LU1778256203
LU1778255734
CIU
CB
L2
L1
106.07
99.96
92.41
91.88
USD
USD
USD
USD
1.1%
1.09%
1.09%
1.09%
1.94%
1.94%
1.95%
1.94%
6.07%
-0.04%
22.64%
22.15%

Bin Yuan Greater China Fund

4160_signatoryofprilogo_327833The investment objective of the Compartment is to provide long term capital growth, measured in USD, primarily through investment in equities and equity-linked securities of Greater China Companies,  as defined hereafter.
Greater China Companies are companies having their registered office in Greater China and companies organised and located in countries other than in Greater China where a predominant part of their economic activity, alone or on a consolidated basis, is derived from either goods produced, sales made or services performed in countries such as the People's Republic of China, Hong Kong, Taiwan and Singapore (herein together referred to as "Greater China Companies").

Investment exposure will be achieved through equities and equity-linked securities (such as shares, ADRs and GDRs). This also includes investment in China A-Shares through the Shanghai and Shenzhen - Hong Kong Stock Connects. Investors should refer to the "Risk Warning" section for special risk considerations applicable to this Compartment. The Compartment may also invest in investment grade debt securities and convertible bonds, equities and equity related securities of companies outside Greater China and money market instruments.

The Compartment’s bottom-up, research driven investment process employs a proprietary score based screening process, supported by a tested database of financial analysis models.

This investment approach will be subject at all times to rigorous risk analysis and disciplined risk management procedures, including diversification, a conservative approach to liquidity, prudent exposure limits, and loss minimization procedures through stringent loss cutting practice. Investment risk will be assessed primarily by drawdown, but also by the volatility of returns.

 For the avoidance of doubt, the Compartment will not invest more than 10% of its net asset in UCITS and other UCIs (including open-ended exchange traded funds whose underlying belong to the Compartment's investment universe) (as defined under "Investment Restrictions" 1. (A) (1) d)).

In exceptional market circumstances and on a temporary basis, the Compartment may hold up to 100% of its net assets in liquid assets and investment grade debt instruments (including money market instruments).


Investment Manager

Bin Yuan Capital Limited is licensed by the Hong Kong Securities and Futures Commission to undertake Type 9 (Asset Management) Regulated Activities. The principals are Ping Zhou and Cicy Wu whose profiles are below:
 

Ping Zhou, CFA

Ping, a founding and managing partner, has more than 25 years of management and investment experience including 17 years with GE. At GE Asset Management Incorporated ("GEAMI”), Ping was a managing director and responsible for a total of US$ 5 billion assets including the Emerging Markets (US$ 3.5 billion in AuM), China Equity (US$ 400 million in AuM) and China A (US$ 480 million in AuM) portfolios.

Ping initiated GE China Equity Fund in July 2002. The fund had achieved 22.1% annualized return for the past 9 years and has been one of the top funds in the industry. The GE emerging market fund, which was managed by Ping and one other fund manager, was ranked top ten in 2006.

Ping founded Bin Yuan Capital in 2012 and started 2 strategies in 2013, Greater China Strategy and China  A strategy. Both strategies have delivered very strong performance since then. Bin Yuan Capital has attracted large International Institutions that include pension funds, endowments and foundations,  and family offices.

He has a BS from Northeastern University magna cum laude and an MBA from Fairfield University. Ping was a holder of the Chartered Financial Analyst designation.
 

Cicy Wu, CFA

Cicy, a founding and managing partner of Bin Yuan Capital, has more than 10 years investment experience including 8 years with GE. At GE Asset Management Incorporated ("GEAMI”), Cicy was the assistant portfolio manager for the China Equity Strategy (AuM US$ 400 million) and China A-shares (AuM US$  480 million). She joined GE Asset Management in 2006, and prior to that, she worked as an analyst of corporate finance in various GE business.

Cicy and Ping are co portfolio managers for two strategies in Bin Yuan Capital since 2013, Greater China Strategy and China A strategy. Both strategies have delivered very strong performance since then. Bin Yuan Capital has attracted large International institutions that include pension funds, endowments  and foundations, and family offices.

Cicy holds a Bachelor Degree from Fudan University in Shanghai. Cicy is also a holder of the Chartered Financial Analyst designation and member of The Association of Chartered Certified Accountants (ACCA). She is a native of China and speaks fluent English and Mandarin.

Please click http://binyuancapital.com/EN to visit their website. Please note that by clicking on the link you are leaving the Hereford Funds website and Hereford Funds cannot accept any responsibility for the content of those websites.

Investors should refer to the Hereford Funds prospectus for complete information.
Daily Fund Nav's
Date Class NAV Daily %
11/10/2019 CIU 106.07 1.1%
11/10/2019 CB 99.96 1.09%
11/10/2019 L2 92.41 1.09%
11/10/2019 L1 91.88 1.09%
more info
Date Class NAV Daily %
11/10/2019 D 179.45 1.26%
11/10/2019 BI 143.97 1.27%
11/10/2019 AI 227.55 1.26%
more info
Date Class NAV Daily %
11/10/2019 A1 93.84 1.23%
11/10/2019 L 124.72 1.23%
more info
Date Class NAV Daily %
11/10/2019 U 260.44 1.28%
11/10/2019 D 393.3 1.27%
11/10/2019 BI 176.18 1.28%
11/10/2019 AI 249.85 1.28%
more info

Affiliate member of fundinfo.com