Launches & Closures

Pure Heart ready for new China bull market with long-term fund


China's Pure Heart Asset Management has rolled out the Pure Heart Natural Selection Fund, a strategy that looks to harness the long-term growth in China with a lower risk profile. While the investment strategy remains the same as that of its flagship Pure Heart China Growth Investment Fund, this fund will cap investments in a given stock or any class of security by a single issuer to 10% of its NAV, restrict short selling to 30% of the fund's NAV and keep borrowings or leverage below 200%.

Zhao Danyang

Following a meltdown in the Chinese