Principal Islamic Greater China Growth Fund_W1920 x H600

Principal Islamic Greater China Growth Fund works to your benefit:

Principal Islamic Greater China Growth Fund_Icon 1

By the year 2030, China is poised to become the world's largest economy, surpassing other economies in terms of GDP.

 

Principal Islamic Greater China Growth Fund_Icon 2

The performance of the MSCI Emerging Markets index relies heavily on the strength of the Greater China region, which contributes to almost half of the index's overall performance.2

 

Principal Islamic Greater China Growth Fund_Icon 3

China's domestic consumption boasts a promising future with a significant runway for expansion, tapping into the vast potential of China's consumer market.3

 

Principal Islamic Greater China Growth Fund_Icon 4

China possesses the potential to ascend the labour value chain, moving towards higher value-added industries and capitalising on its skilled workforce.4

 

Principal Islamic Greater China Growth Fund_Icon 5

China's New Infrastructure Plan of USD1.4 trillion is expected to result in the construction of digital infrastructure like 5G networks, artificial intelligence (AI), Internet of Things (IOT), and intercity high-speed rails across the country.5

 

Source:

  1. Lowy Institute Asia Power Index 2023 Edition
  2. MSCI, Bloomberg, Data as of 31 Mar 2023
  3. International Monetary Fund, Bloomberg calculations, Data as of 17 Apr 2023
  4. International Labour Organization, Data as of 31 Mar 2023
  5. Bloomberg, Data as of 20 May 2020