Pure Heart return boosted by India exposure


The Cayman-registered value investor Pure Heart Natural Selection Fund has delivered a robust 25.87% performance in the first ten months of the year, boosted primarily by its exposure to Indian stocks.

In October, the fund which manages around $50 million and is run by portfolio manager Zhao Danyang, delivered a 2.03% gain that brought-year-to-date performance to 25.87%.

The strategy seeks to invest in undervalued countries, markets and companies with strong potential for rapid growth in the near future. It has a stated preference for highly competitive companies with a high dividend policy.

Pure Heart Capital Asia executive director