0.70%(p.a.)
4549
As of 30-09-2024
Investment involves risks, including the loss of principle. Past performance is not indicative of future results. Before investing in the ChinaAMC CSI 300 Index ETF (the “Fund”), investor should refer to the Fund’s prospectus for details, including the risk factors. You should not make investment decision based on the information on this material alone. Please note:
· The Fund aims to provide investment result that, before fees and expenses, closely corresponds to the performance of the CSI 300 Index (the “Index”). The Fund invests in the PRC’s securities market through the Manager’s RQFII status and the Stock Connect.
· The Fund is subject to concentration risk as a result of tracking the performance of a single geographical region (the PRC) and may likely be more volatile than a broad-based fund.
· The Fund is subject to risks relating to the RQFII regime, such as change of rules and regulations, default in execution or settlement of transaction by a PRC broker or the PRC Custodian and repatriation restrictions.
· The Fund is subject to risks associated with the Stock Connect, such as change of relevant rules and regulations, quota limitations, suspension of the Stock Connect programme.
· Investing in the PRC, involve greater political, tax, economic, foreign exchange, liquidity, legal and regulatory risks.
· If there is a suspension of the inter-counter transfer of units between counters, the unitholders will only be able to trade their units in the relevant counter on the SEHK. The market price on the SEHK of units traded in different counters may deviate significantly due to different factors, as such investors may pay more or receive less when buying units traded in HKD on the SEHK than in respect of units traded in RMB and vice versa.
· As the SSE and the SZSE may be open when units in the Fund are not priced, the value of the securities in Fund’s portfolio may change on days when investors will not be able to purchase or sell the Fund’s units. Differences in trading hours between the SSE and the SZSE, and the SEHK and A-Shares’ trading bands may increase the level of premium/discount of the unit price to its NAV.
· The Fund is denominated in RMB. RMB is currently not freely convertible and is subject to exchange controls and restrictions. A non-RMB based investors in units are exposed to foreign exchange risk.
· The Fund is subject to securities lending transactions risks, including the risk that the borrower may fail to return the securities in a timely manner.
· Payment of dividends out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any distributions may result in an immediate reduction in the NAV per Unit of the Fund.
· The Fund is subject to tracking error risk.
· The Fund is not “actively managed” and therefore, when there is a decline in the Index, the Fund will also decrease in value.
· Generally, retail investors can only buy or sell units of the Fund on the SEHK. The trading price of the units on the SEHK is driven by market factors such as the demand and supply of the units. Therefore, the units may trade at a substantial premium or discount to the Fund’s NAV.
| Asset Class | Equity |
| Listing Date | 17-Jul-2012 |
| Base Currency | RMB |
| Net Asset Value (mil) | 17,696.88 |
| Domicile | Hong Kong |
| Management Fee | 0.70%(p.a.) |
| Trustee | Cititrust Limited |
| Distribution Policy | annually (usually in July), subject to Manager’s discretion |
As of 14-10-2024
| Date | Last | Change | Change(%) | |
|---|---|---|---|---|
| Official NAV per Unit in RMB | 14-10-2024 | 40.8374 | -0.3942 | -0.96% |
| NAV per Unit in HKD (for reference only) | 14-10-2024 | 44.7937 | -0.4932 | -1.09% |
| Closing Price for RMB Traded Unit | 14-10-2024 | 41.8000 | - | - |
| Closing Price for HKD Traded Unit | 14-10-2024 | 44.8200 | -0.6600 | -1.45% |
| RMB Traded Units | HKD Traded Units | |
|---|---|---|
| Exchange Listing | SEHK – Main Board | SEHK – Main Board |
| Commencement of Dealing | 17-Jul-2012 | 26-Oct-2012 |
| Stock Code | 83188 | 3188 |
| Trading Board Lot Size | 200 Units | 200 Units |
| Trading Currency | RMB | HKD |
| SEDOL Code | B87KV61 | B4LF1K8 |
| Reuters Code | 83188.HK | 3188.HK |
| ISIN Code | HK0000110269 | HK0000123577 |
| Bloomberg Ticker | 83188 HK | 3188 HK |
| Bloomberg NAV | 83188NAV | 3188NAV |
| Bloomberg iNAV | 83188IV | 3188IV |
| Bloomberg Shares Outstanding | 83188SHO | 3188SHO |
| Index | CSI 300 Index |
| Index Provider | China Securities Index Co., Ltd |
| Currency | RMB |
| Closing Level | 3961.34 |
| Change | 74.17 |
| Change (%) | 1.91% |
| Type of Index | Price Return |
As of 14-10-2024
| RMB Counter | HKD Counter |
|---|---|
| Flow Traders Hong Kong Limited | Eclipse Options (HK) Limited |
| IMC Asia Pacific Limited | Flow Traders Hong Kong Limited |
| Jane Street Asia Trading Limited | IMC Asia Pacific Limited |
| Mirae Asset Securities Co., Ltd | Interactive Brokers Hong Kong Limited |
| Optiver Trading Hong Kong Limited | Jane Street Asia Trading Limited |
| Jump Trading Hong Kong Limited | |
| Mirae Asset Securities Co., Ltd | |
| Optiver Trading Hong Kong Limited |
Please refer to the Hong Kong Exchanges and Clearing Limited’s website at www.hkex.com.hk for the latest lists of Market Makers.
1 Data are provided by ICE Data Indices, LLC (“ICE DATA”), is used with permission. ICE DATA, its Affiliates and their respective third party suppliers (including but not limited to Factset Research System, Inc.) disclaim any and all warranties and representations, express and/or implied, including any warranties of merchantability or fitness for a particular purpose or use, including the index data and any data included in, related to, or derived therefrom. Neither ICE DATA, its Affiliates nor their respective third party suppliers shall be subject to any damages or liability with respect to the adequacy, accuracy, timeliness or completeness of the Index data or any component thereof, and the index data and all components therefore are provided on an “as is” basis and your use is at your own risk. ICE DATA, its Affiliates and their respective third party suppliers do not sponsor, endorse, or recommend China Asset Management (Hong Kong) Limited, or any of its products or services.
2 IOPV calculations are performed by ICE DATA.
3 Intra-day Market Price refers to the market price of ChinaAMC CSI 300 Index ETF on the date and at the time specified above, quoted from the Stock Exchange of Hong Kong Limited (the “SEHK”).
4 The exchange rate is not a real time exchange rate and is an assumed foreign exchange rate for reference only. The assumed foreign exchange rate is Tokyo Composite 3:00 p.m. Tokyo time (2:00 p.m. Hong Kong time) mid rate quoted by Bloomberg for offshore RMB (CNH).
5 The Intra-day Estimated NAV per Unit in HKD is updated during Hong Kong Stock Exchange trading hours and is calculated using the Intra-day Estimated NAV per Unit in RMB multiplied by the assumed foreign exchange rate using Tokyo Composite 3:00 p.m. Tokyo time (2:00 p.m. Hong Kong time) mid rate quoted by Bloomberg for offshore RMB (CNH) on the previous SEHK trading day. Since the Intra-day Estimated NAV per Unit in RMB will not be updated when the underlying A shares market is closed, the change in the Intra-day Estimated NAV per unit in HKD (if any) during such period is solely due to the change in the assumed foreign exchange rate.
6 Change of the official NAV per Unit in RMB and change of the NAV per Unit in HKD indicate the change of the NAV per Unit since previous Dealing Day^. Please refer to the Prospectus for more information on the determination of NAV.
7 Changes of the closing price for RMB and HKD traded Units indicate the change of the closing price since previous SEHK trading day. Source of Closing Price: Bloomberg.
8 The NAV per Unit in HKD is equivalent to the relevant official NAV per Unit in RMB multiplied by the assumed foreign exchange rate of CNH to HKD as mentioned in note 4 above as of the same Dealing Day^. The official NAV per Unit in RMB and NAV per Unit in HKD will not be updated when the underlying A shares market is closed.
9 Benchmark Index returns are for illustrative purposes only and are not indicative of future results. Benchmark Index returns do not reflect any management fees, transaction costs or expenses. Change indicates the change since the last closing index level. Source: CSI, Bloomberg (see Terms and Conditions).
^ “Dealing Day” generally means a day on which (a) the SEHK and the underlying A shares market are open; and (b) the Index is compiled and published. Please refer to the Prospectus for further details in this regard.
| Class | Currency | Dealing Date | NAV per unit |
|---|---|---|---|
| RMB | RMB | 14-10-2024 | 40.8374 |
| HKD | HKD | 14-10-2024 | 44.7937 |
With effect from 8 November 2021, the investment strategy of the Fund was changed. The performance of the Fund prior to 8 November 2021 was achieved under circumstances that no longer apply. Besides, China Asset Management Co ., Ltd ceased to be the investment adviser of the Fund with effect from 25 April 2017.
Investment involves risks. Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year end, NAV-to-NAV, with dividend reinvested. These figures show by how much the Fund increased or decreased in value during the calendar year being shown. Performance data has been calculated in the base currency of the share class (or the ETF), including ongoing charges and excluding subscription and redemption fees and trading costs on SEHK (if applicable). Where no past performance is shown there was insufficient data available in that year to provide performance. Please refer to the Fund Overview section for the inception date of the share class (or the listing date of the ETF).
| Holdings. | Weighting (%) |
|---|---|
| CSIN0300 | 6.76 |
| KWEICHOW MOUTAI CO LTD-A | 4.62 |
| CONTEMPORARY AMPEREX TECHN-A 300750 | 2.99 |
| PING AN INSURANCE GROUP CO-A | 2.83 |
| CHINA MERCHANTS BANK-A | 2.19 |
| MIDEA GROUP CO LTD-A | 1.73 |
| CHINA YANGTZE POWER CO LTD-A | 1.61 |
| WULIANGYE YIBIN CO LTD-A | 1.33 |
| ZIJIN MINING GROUP CO LTD-A | 1.31 |
| BYD CO LTD -A | 1.29 |
| Total | 26.65 |
As of 14-10-2024
Holdings are subject to change. Total allocation percentages shown in the Holdings table may not equal 100% due to rounding, omissions of non-stock portions, and the inclusion of the redemption payable from the stocks. The historical data provided herein is for reference only and does not represent any future performance.
As of 14-10-2024
As of 14-10-2024
| Asset Typs | Weighting（%） |
|---|---|
| Financials | 22.2517% |
| Industrials | 14.5803% |
| Information Technology | 14.4496% |
| Consumer Staples | 10.688% |
| Consumer Discretionary | 7.3396% |
| Materials | 7.0254% |
| Health Care | 6.0576% |
| Utilities | 3.6335% |
| Energy | 2.9474% |
| Communication Services | 2.065% |
| Real Estate | 0.9223% |
As of 14-10-2024
Tracking Difference (TD):
Tracking difference is the return difference between the ETF and its underlying benchmark/ index over a certain period of time.
Tracking Error (TE):
Tracking error measures how consistently the ETF follows its benchmark/ index. It is the volatility (measured by standard deviation) of that return difference.
| Rolling 1-Year TD | 0.35% |
| Rolling 1-Year TE^ | 1.43% |
| TD (2013) | 0.19% |
| TD (2014) | 1.25% |
| TD (2015) | 2.10% |
| TD (2016) | 0.23% |
| TD (2017) | -0.22% |
| TD (2018) | 0.04% |
| TD (2019) | -0.22% |
| TD (2020) | -0.10% |
| TD (2021) | 0.11% |
| TD (2022) | 0.38% |
| TD (2023) | 0.29% |
As of 31-08-2024
| The Fund | Index(Price Return) | Index(Total Return) | |
|---|---|---|---|
| 2023 | -10.11% | -11.38% | -9.14% |
| 2022 | -20.58% | -21.63% | -19.83% |
| 2021 | -4.52% | -5.2% | -3.51% |
| 2020 | +28.16% | +27.21% | +29.89% |
| 2019 | +37.19% | +36.07% | +39.19% |
| 2018 | -24.53% | -25.31% | -23.64% |
| 2017 | +22.61% | +21.78% | +24.25% |
| 2016 | -10.26% | -11.28% | -9.25% |
| 2015 | +8.45% | +5.58% | +7.23% |
| 2014 | +55.01% | +51.66% | +55.84% |
| 2013 | -6.71% | -7.65% | -5.33% |
As of 31-12-2023
# The benchmark of the ETF is CSI 300 Index.
Listing date: 17-Jul-2012.
With effect from 8 November 2021, the investment strategy of the Fund was changed. The performance of the Fund prior to 8 November 2021 was achieved under circumstances that no longer apply. Besides, China Asset Management Co ., Ltd ceased to be the investment adviser of the Fund with effect from 25 April 2017.
Investment involves risks. Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year end, NAV-to-NAV, without dividend reinvested. These figures show by how much the Fund increased or decreased in value during the calendar year being shown. Performance data has been calculated in the base currency of the share class (or the ETF), including ongoing charges and excluding subscription and redemption fees and trading costs on SEHK (if applicable). Where no past performance is shown there was insufficient data available in that year to provide performance. Please refer to the Fund Overview section for the inception date of the share class (or the listing date of the ETF).
| Ex-Dividend Date | Record Date | Pay Date | Currency | Total Distribution Per Unit | Dividend paid out of net distributable income * (RMB) | Dividend paid out of capital |
|---|---|---|---|---|---|---|
| 24-07-2024 | 25-07-2024 | 31-07-2024 | RMB | 0.48 | 100% | 0% |
| 24-07-2023 | 25-07-2023 | 31-07-2023 | RMB | 0.43 | 100% | 0% |
| 25-07-2022 | 26-07-2022 | 29-07-2022 | RMB | 0.37 | 100% | 0% |
| 26-07-2021 | 27-07-2021 | 30-07-2021 | RMB | 0.3 | 100% | 0% |
| 27-07-2020 | 28-07-2020 | 31-07-2020 | RMB | 0.38 | 100% | 0% |
| 25-07-2019 | 26-07-2019 | 31-07-2019 | RMB | 0.39 | 100% | 0% |
| 20-07-2018 | 23-07-2018 | 26-07-2018 | RMB | 0.35 | 100% | 0% |
| 21-07-2017 | 24-07-2017 | 27-07-2017 | RMB | 0.33 | 100% | 0% |
| 15-07-2016 | 18-07-2016 | 21-07-2016 | RMB | 0.3 | 100% | 0% |
| 17-07-2015 | 20-07-2015 | 23-07-2015 | RMB | 0.3 | 100% | 0% |
| 18-07-2014 | 21-07-2014 | 24-07-2014 | RMB | 0.3 | 100% | 0% |
| 18-07-2013 | 19-07-2013 | 24-07-2013 | RMB | 0.18 | 100% | 0% |
*“Net distributable income” means the net investment income (i.e. dividend income and interest income net of fees and expenses) attributable to the relevant share class and includes net realised gains (if any) based on unaudited management accounts. However, “net distributable income” does not include net unrealised gains.
The distribution paid will be at the discretion of the Manager. Distribution figures shown are past distributions declared and paid for by the Fund.
Warning: Please note that a positive distribution yield does not imply a positive return. Investors should not make any investment decision solely based on information contained in the table above. There is no guarantee of distribution. Investors should read the relevant offering document (including the key facts statement) of the fund for further details including the risk factors. Distributions will be paid in Base Currency only. Unitholders may have to bear the fees and charges associated with the conversion of such distributions from HKD to USD or any other currency.
| File name | Date | File Format |
|---|---|---|
| Product Key Facts | 25-04-2024 | PDF > |
| Prospectus | 26-04-2023 | PDF > |
| German Tax Figures for the year ended 31 December 2017 | 23-05-2018 | PDF > |
| German Tax Figures for the year ended 31 December 2016 | 13-11-2017 | PDF > |
| German Tax Figures for the year ended 31 December 2015 | 13-11-2017 | PDF > |
| German Tax Figures for the year ended 31 December 2014 | 13-11-2017 | PDF > |
| German Tax Figures for the year ended 31 December 2013 | 13-11-2017 | PDF > |
| German Tax Reporting - AKG2 (1 March 13 – 30 June 13) | 13-11-2017 | PDF > |
| German Tax Figures for the year ended 31 December 2012 | 13-11-2017 | PDF > |
