NEW YORK--(BUSINESS WIRE)--Harvest Fund Management (“Harvest”), one of China’s leading asset management companies, today announced that it has launched Harvest Krane, a pioneering joint venture between its international subsidiary, Harvest Global Investments, and Jonathan A. Krane and his team of industry veterans, which will distribute China and Asia-focused mutual funds to institutional and retail investors in the U.S.

The first offering in the U.S. is the Harvest Funds Intermediate Bond Fund (HXIIX) (the “Fund”) advised by Harvest Global Investments. The Fund’s investment objective seeks long-term total return through a combination of capital appreciation and current income by primarily investing in investment grade and high-yield, high-quality China bonds. The Fund marks the first time that an investment product actively managed by a Chinese asset manager is available in the U.S. Harvest Global Investments and Harvest Krane are working together on additional fund launches designed to bring a broad range of professionally managed Chinese and Asian investment opportunities to help investors in the U.S diversify their portfolios.

“We are extremely excited and proud to enter the United States market. We have created a unique, first-of-its-kind platform that allows U.S. investors to diversify into the compelling long-term growth trends in the Chinese and Asian economies through funds managed by Harvest professionals based in China,” said Henry Zhao, Chief Executive Officer of Harvest Fund Management. “We will deliver to U.S. institutional and retail investors an invaluable perspective and insight into Asia and China, the world’s fastest growing major economy, through our leading portfolio managers on the ground, while at the same time introducing the U.S. investment community to our international subsidiary Harvest Global Investments.”

“Our Harvest Krane joint venture, headquartered in New York, has been built from the ground up for this purpose,” said Peng Wah Choy, CEO of Harvest Global Investments. “It brings world-class U.S. investment sales and management talent together with Harvest’s international distribution team, with a singular focus on building trusted relationships that aim at delivering results. We are very pleased to partner with Krane in that effort,” Peng Wah Choy continued.

“Most U.S. investors are under-allocated to China and Asia, particularly in light of China’s growing role in the global economy,” said Jonathan A. Krane, Chief Executive Officer of Harvest Krane. “The opportunity to close that allocation gap is extraordinary. We are delivering to the U.S. investor community income and growth opportunities from the Chinese and Asian capital markets, leveraging our local Chinese research and managers.”

About Harvest Fund Management

Headquartered in Beijing, China, Harvest Fund Management is a leading asset management company servicing and advising institutional and retail investors in Mainland China. The firm ranks among the largest China focused investment companies with approximately $50 billion in assets under management andserving more than 8 million clients.

About Harvest Global Investments

Hong Kong-based Harvest Global Investments (“HGI”) is a wholly owned subsidiary and the international investment arm of Harvest Fund Management. HGI is the Investment Advisor to the Harvest Funds Intermediate Bond (HXIIX).

About Harvest Krane (www.harvestkrane.com)

Harvest Krane was created as a joint venture to distribute Harvest Global Investments mutual funds across the United States. Harvest Krane Investments LLC is headquartered in New York and is a registered broker dealer and member of FINRA and SIPC. Harvest Krane Investments LLC is located at 1350 Avenue of the Americas, 2^nd Floor, New York, NY 10019.

Mutual fund investing involves risk, including possible loss of principal. The Fund focuses its investments primarily with Chinese issuers. Foreign securities are more volatile, harder to price and less liquid than US securities and are subject to political and economic risks.

Harvest Funds Intermediate Bond (HXIIX) is distributed by SEI Investments Distribution Company, Oaks, PA. Investors should consider the investment objectives, risks, charges and expense carefully before investing. You may obtain a prospectus by calling 1-855-573-6994. Please read the prospectus carefully before investing or sending money.