The best performing of these four funds during 2020 was Premium China which returned 28.6%.
Following this, VanEck Vectors China New Economy ETF returned 26.8%, Vasco ChinaAMC China Opportunities returned 26.3%, and VanEck Vectors FTSE China A50 ETF saw the lowest positive return at 17.9%. However, Fidelity China reported losses of 7.9%.
The performance of the China funds compared to returns by the Asia Pacific ex Japan sector of 20.3% while those funds focused on single Asian countries such as China and India saw lower returns of 12.9%.
Performance of China funds during 2020
In its latest factsheet, manager Premium China Funds Management said performance of the $149 million Premium China had been helped by performance of consumer and e-commerce stocks and currency hedging gains. Its two-largest holdings were two technology firms, 10% in Tencent and 8.6% farming technology company Pinduoduo.