Oberweis China Opportunities
Oberweis China Opportunities (OBCHX) is hands-down the best performer on the list of fire-breathing China funds, delivering a scorching 51.8% gain over the past 12 months through August’s end.
Oberweis has done this with a big allocation to the technology sector of more than 37%. Top individual holdings include semiconductor firm Spreadtrum Communications (SPRD), gaming concern Galaxy Entertainment Group (GXYEY) and Chinese Internet search giant Qihoo 360 (QIHU).
The expense ratio on this fund also is the highest in the group at 2.15%, but I can live with that. The huge gains Oberweis has posted proves it can deliver for investors who want to take a trip to China with their money — and that want to do so with a knowledgeable financial tour guide at their side.
As of this writing, Jim Woods did not hold a position in any of the aforementioned securities.