China's Growth Opportunities and Offshore Investing slide image

China's Growth Opportunities and Offshore Investing

Portfolio positions & summary JPMorgan Funds - Greater China Fund as of Jan 31, 2023 Benchmark MSCI Golden Dragon Net Top 10 Holdings Portfolio weight (%) Top 5 overweights Fund weight (%) Relative position (%) Taiwan Semiconductor Mfg 10.2 China Resources Mixc Lifestyle 2.0 1.9 Tencent Holdings Ltd Global Unichip Corp 1.8 1.8 9.7 Meituan 4.4 1.8 Meituan 4.4 Trip.Com Group Ltd 22 1.7 AIA Group Ltd 4.4 Aspeed Technology Inc 1.5 1.5 Alibaba Group Holding Ltd 3.4 JD.Com Inc 2.7 Top 5 underweights Fund weight (%) Relative position (%) Netease Inc 2.3 Alibaba Group Holding Ltd 3.4 -2.1 China Construction Bank 0.0 Wuxi Biologics Cayman Inc -1.7 2.3 Hong Kong Exchanges & Clearing Trip.Com Group Ltd 2.2 2.2 Ping An Insurance Group Co Taiwan Semiconductor Mfg PDD Holdings Inc 0.0 -1.5 10.2 -1.4 0.0 -1.3 Source: J.P. Morgan Asset Management. The fund is actively managed. Holdings, sector weights, allocations and leverage, as applicable, are subject to change at the discretion of the Investment Manager without notice. *
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