Columbia Greater China Fund
The Columbia Greater China Fund (NGCAX) is designed to seek long-term capital appreciation, and invests at least 80% of its net assets in stocks of companies whose principal business activities are in the Greater China region. That region includes Hong Kong, Taiwan and The People’s Republic of China.
Over the past 12 months (as of Aug. 31), NGCAX has delivered a 17.2% gain for investors. Top holdings in the fund include online gaming giant Tencent Holdings (TCEHY), energy behemoth CNOOC (CEO) and telecom stalwart China Mobile (CHL).
Columbia Greater China Fund has an expense ratio of 1.53%, which I think is a modest price to pay for the stock-picking expertise you get with this fund.