Recently, I’ve been looking at Chinese stock funds in Thailand and found that although this market has been a bit cold lately, there are still opportunities in the long term. I’ve compiled a list of 10 funds that performed well last year and want to share it.

First, let’s talk about the types of funds, mainly divided into two categories: one is passive funds (tracking the index), which have low fees and relatively controllable risks, suitable for beginners; the other is active funds (managed by fund managers selecting stocks), which carry higher risks but may offer better returns, depending on the fund manager’s ability.

After reviewing main products like SCBCEE and SCBCEP, their gains since the beginning of the year have been over 10%, with three-year annualized returns around 5-6%. But the five-year returns are quite poor, mostly negative, reflecting the pressure the Chinese stock market has faced in recent years.

Interestingly, hedge funds like SCBCEHE and TISCOCH that hedge against exchange rate risk have performed even better in the short term, gaining over 14% this year. However, their long-term trend is still downward, so these funds are more suitable for experienced investors who can tolerate volatility.

There are also many tax-advantaged products like SSF and RMF, such as TCHRMF and SCBCEHP, mainly designed for retirement savings. These funds do not pay dividends and rely on appreciation, which may be more suitable for long-term investors.

Overall, Chinese funds do carry risks now, but if you believe in China’s long-term economic recovery, these funds can be part of a diversified investment portfolio. The key is to understand your own risk tolerance and avoid blindly following trends. The performance data of these funds from last year is all here; if interested, you can do your own research. 💡