About ACEAX
AB Cap Fund, Inc. – AB All China Equity Portfolio Class A is an open-end mutual fund focused on providing long-term capital growth through investments in equity securities of companies tied economically to China, including Hong Kong. This fund is managed by AllianceBernstein and seeks to identify compelling opportunities across both China’s onshore (A-shares) and offshore (H-shares, ADRs) equity markets, typically holding between 60 and 90 stocks. Its portfolio primarily features large- and mid-cap companies, with flexibility to invest across company sizes and sectors such as technology, consumer, financial services, and communications. Notable holdings include major Chinese firms like Tencent Holdings, Meituan, Xiaomi, and Alibaba Group, reflecting its concentration in influential sectors driving the region's economic growth. The fund employs proprietary risk and return models tailored to China’s unique equity markets, aiming to capture valuation imbalances, particularly among dual-listed shares. As a U.S.-domiciled fund launched in 2018, it plays a significant role for investors seeking exposure to the dynamics of China’s evolving capital markets and economic landscape through a diversified and actively managed strategy.
Fund Family AllianceBernstein
Category China Region
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol ACEAX
Share Class Class A
Index MSCI China All Shares NR USD
ACEAX had a total return of -8.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.25%.
