"Exciting Opportunities Abound in Emerging Economic Fields"

China's New Economy: A Promising Investment Opportunity

China's New Economy is rapidly advancing, striving for technological and economic independence by 2025 as part of the government's reforms. This ambitious goal is being pursued through the Carmignac Portfolio China New Economy fund, which invests in high ESG-rated START companies.

The fund's primary focus is on companies in sectors such as internet services, consumer goods, fintech, 5G, clean energy development, education, healthcare, and biotechnology. The stock selection process is rigorous, with both financial criteria and ESG factors under close scrutiny.

China's economy, currently contributing more than 40 percent to global economic growth, is expected to double its GDP by 2035, making it the world's largest economy. This growth is expected to continue, with the economy projected to grow by almost 8.5 percent in 2021.

The success of China's New Economy is largely due to the current five-year plan of the Communist Party and the development plan 2021 to 2035. These plans prioritise consumption, technological innovations, health, and the green revolution, ensuring a sustainable and prosperous future.

The fund's strategy is not to replicate a stock market index, but rather to choose stocks with long-term growth potential. By selectively choosing stocks, investors can benefit from China's economic potential. The fund has been investing in China for over 30 years, and its focus on country expertise and promising prospects makes it a reliable choice for those looking to invest in China's New Economy.

Carmignac, the fund's manager, is a pioneer in environmental, social, and governance (ESG) investments. Aligning its investments with the New Economy, the fund only invests in companies that meet its stringent ESG standards. To make informed investment decisions, the fund places great emphasis on visiting companies and meeting their management on the ground.

China's political stability, under the leadership of President Xi Jinping, who enjoys very high popularity, further bolsters the country's economic prospects. With the New Economy offering investment opportunities over the next 10 to 15 years, now could be the perfect time to invest in China's bright future.