Chinese consumer dominates Asia Pacific

Country-specific vehicles focusing on China's consumer story top the Asia Pacific sector over three years, with Gartmore's fund leading the peer group

Funds with direct exposure to the consumer discretionary, consumer staples and materials sectors in China have dominated the Asia Pacific excluding Japan sector over the past three years. As a whole, the sector returned an average bid to bid gain of 81.76% over three years to April 2007. Its 59 constituent funds displayed a wide range of returns over the period, but even the worst performer generated 51.57%, according to figures from Morningstar. Investors fortunate enough to have picked the leading fund, Gartmore's China Opportunities, would have seen a return of 111.34% from a portfolio...