DPCAX Mutual Fund

Dreyfus Premier Greater China Fund History

This fund has been launched in 1998. Until 2003, the fund manager was Adrian Au. The mutual fund is a member of the Dreyfus family and is ticker symbol is DPCAX by which you can check the information on the fund that interests you.

Performance Rates of the DPCAX Fund

The reason that the DPCAX fund has attracted our attention is its top position among the mutual funds for the year 2006 according to the Top 10 Fund List of 2006. The DPCAX fund has won this first position thanks to the high returns it provided to its investors for 2006, namely 85.58%. Other years during which the fund has experienced high returns are 1997 (70.77%) and 1999 (75.58%). Unfortunately, these high returns represent sporadic events, not occurrences during subsequent years. Additionally, Morningstar has assigned the modest two stars to DPCAX, shortly before the fund experienced its positive returns.

Holdings Information for the DPCAX Fund

As its name implies, the DPCAF fund concentrates its trading activity in Greater China. The general rule states that the fund can invest only in companies half of whose revenue or more comes from companies situated in Greater China. As a result, DPCAX is classified as an international equity fund. Currently more than 80% of the fund's assets are in stocks of companies from China, Hong Kong and Taiwan.

Purchase Information for the DPCAX Fund

The DPCAX fund is a type of a loaded fund that charges up to 5.75% of the investors resources. In order to start investing in the fund, you should allocate a minimum of $1,000. An exception is made if it is an IRA. Then, $750 is the minimum initial investment. After this the minimum amount you are allowed to give for the subsequent investments is $100. IRA again represents an exception for there is no minimum amount required. The expense ratio of the DPCAX fund is 2.04%, which represents the ratio for 2006.

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