ACOCX — AC ONE China Fund

Data updated: 2020-09-14

ACOCX — AC ONE China Fund. China Value Equity · $12.76M AUM · 1.96% expense ratio. Holdings, fees, performance and SEC filings.

ACOCX Fund Overview

ACOCX — AC ONE China Fund is a US mutual fund managed by Managed Portfolio Series, categorised as China Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: Managed Portfolio Series
Category: China Value Equity
Assets under management: $12.76M
Ticker: ACOCX
SEC CIK: 0001511699
SEC series ID: S000036444
Share class ID: C000111528

ACOCX Investment Objective and Strategy

AC ONE China Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Managed Portfolio Series.

Investment objective

The AC ONE China Fund (the Fund) seeks to provide capital appreciation and income.

Principal investment strategy

In selecting investments for the Funds portfolio, the Adviser begins by attempting to identify and forecast changes within various sectors and industry groups of the Chinese economy before the markets react to such changes. From the sectors and industry groups with the most potential for positive change, the Funds Adviser then endeavors to build a portfolio of high quality issues with above average growth and with price to earnings multiples at or below general market valuations, typically referred to as value investing. The Adviser targets companies that it believes are industry leaders with strong management, a good track record and above-average consistency of earnings and/or dividends. Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in the equity securities of issuers located in China or that are economically tied to China.

The equity securities in which the Fund typically invests include common stock and depositary receipts. Depositary receipts are generally issued by a bank or trust company and evidence ownership of underlying foreign securities. The Adviser determines that an issuer is economically tied to China if it (i) derives at least 50% of its revenues or operating profits from goods produced or sold, or services performed within China, (ii) has at least 50% of its assets located within China, (iii) has securities that trade principally within China, or (iv) is included in an index generally considered representative of the Chinese market. The Fund may invest of securities of any market capitalization. From time to time, the Fund may focus its investments in securities of companies in the same economic sector, including the information technology sector.

ACOCX Costs and Fees

ACOCX costs about $196 per $10,000 invested per year in fund expenses.

Net expense ratio: 1.96%
Gross expense ratio: 4.04%
Portfolio turnover: 1%

ACOCX Cashflows

Over the 12 months to 2020-03, AC ONE China Fund had net inflows of $1.32M, from monthly SEC N-PORT filings.

Month	Net flow
2020-03	$26.82K
2020-02	$385.81K
2020-01	$911.44K

ACOCX Debt Constituents

No individual debt constituents are reported in AC ONE China Fund's latest SEC N-PORT filing.

ACOCX Prospectus and SEC Filings

Official AC ONE China Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other China Value Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.