Hong Kong Public Funds

ChinaAMC New Horizon China A Share Fund

Management fee

Class A: 1.5%(p.a.) / Class I: 1.0% (p.a.)

Inception Date

05-Jan-2015

Morningstar

4/5

Fund Performance – Class A ACC USD

-21.38%

YTD

-21.04%

1 Year

+93.12%

3 Year

+58.9%

5 Year

+80.88%

Since Inception

As of 31-08-2022

Investment involves risks, including the loss of principal. The price of units or shares of the Funds may go up as well as down. Past performance is not indicative of future results. The value of the Funds can be extremely volatile and could go down substantially within a short period of time. You should read the Fund’s Placing Memorandum or Explanatory Memorandum and Product Key Facts Statement for details, including risk factors. Investors should not base investment decisions on this marketing material alone. Please note:

• The Fund invests primarily in China A-Shares listed on SSE and SZSE through the QFI status granted to the Investment Manager and through Stock Connect.
• Investment in equity securities is subject to market risk and the prices of such securities may be volatile.
• Investing in the PRC, involves risks associated with emerging market, with greater political, tax, economic, foreign exchange, liquidity, legal and regulatory risks.
• The Fund is subject to risks relating to the QFI 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 programme.
• Investment in Mainland China debt securities involves volatility and liquidity risks, credit/counterparty risk, interest rate risk, credit rating and downgrading risk, credit rating agency risk, and valuation risk.
• The Fund may acquire FDIs for investment and/or hedging purposes. Risks associated with FDI include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. Exposure to FDI may lead to a high risk of significant loss by the Fund.
• The Fund will hold investments denominated in currencies different to the base currency, meaning the Fund will be at risk to adverse movements in the foreign currency rates. 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.

Product Details

Investment Objective

The Fund seeks to achieve capital appreciation and income generation by investing primarily in onshore RMB denominated equity securities issued by issuers, based in, or having a significant exposure to, Mainland China and Hong Kong.

Product Overview

Class A ACC RMB
Class A ACC USD
Class I ACC USD
Class A ACC HKD
Class I ACC HKD
Class I ACC RMB
Asset Class Equity
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription RMB 10,000
Minimum Holding RMB 10,000
Inception Date 13-Jan-2015
Management Company FundRock Management Company S.A.
ISIN Code LU1077606280
Domicile Luxembourg
Base Currency USD
Share Class Currency RMB
Redemption Fee Nil
Investment Management Fee Up to 1.5% (p.a.)
Minimum Redemption Nil
Distribution Policy No dividends will be paid, declared or distributed.
Investment Manager China Asset Management (Hong Kong) Limited
Depositary Brown Brothers Harriman (Luxembourg) S.C.A.
Bloomberg Ticker CASOAAR LX
Asset Class Equity
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription USD 1,000
Minimum Holding USD 1,000
Inception Date 5-Jan-2015
Management Company FundRock Management Company S.A.
ISIN Code LU1077605712
Domicile Luxembourg
Base Currency USD
Share Class Currency USD
Redemption Fee Nil
Investment Management Fee Up to 1.5%(p.a.)
Minimum Redemption Nil
Distribution Policy No dividends will be paid, declared or distributed.
Investment Manager China Asset Management (Hong Kong) Limited
Depositary Brown Brother Harriman (Luxembourg) S.C.A.
Bloomberg Ticker CASOAAU LX
Asset Class Equity
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription USD 500,000
Minimum Holding USD 500,000
Inception Date 28-Nov-2014
Management Company FundRock Management Company S.A.
ISIN Code LU1077607924
Domicile Luxembourg
Base Currency USD
Share Class Currency USD
Redemption Fee Nil
Investment Management Fee Up to 1.0%(p.a.)
Minimum Redemption Nil
Distribution Policy No dividends will be paid, declared or distributed.
Investment Manager China Asset Management (Hong Kong) Limited
Depositary Brown Brother Harriman (Luxembourg) S.C.A.
Bloomberg Ticker CASOIAU LX
Asset Class Equity
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription HKD 10,000
Minimum Holding HKD 10,000
Inception Date Not launched yet
Management Company FundRock Management Company S.A.
ISIN Code LU2511810710
Domicile Luxembourg
Base Currency USD
Share Class Currency HKD
Redemption Fee Nil
Investment Management Fee Up to 1.5%(p.a.)
Minimum Redemption Nil
Distribution Policy No dividends will be paid, declared or distributed.
Investment Manager China Asset Management (Hong Kong) Limited
Depositary Brown Brother Harriman (Luxembourg) S.C.A.
Bloomberg Ticker CAVAHKD LX
Asset Class Equity
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription HKD 3,000,000
Minimum Holding HKD 3,000,000
Inception Date Not launched yet
Management Company FundRock Management Company S.A.
ISIN Code LU2511810983
Domicile Luxembourg
Base Currency USD
Share Class Currency HKD
Redemption Fee Nil
Investment Management Fee Up to 1.0%(p.a.)
Minimum Redemption Nil
Distribution Policy No dividends will be paid, declared or distributed.
Investment Manager China Asset Management (Hong Kong) Limited
Depositary Brown Brother Harriman (Luxembourg) S.C.A.
Bloomberg Ticker CANIHKD LX
Asset Class Equity
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription RMB 3,000,000
Minimum Holding RMB 3,000,000
Inception Date Not launched yet
Management Company FundRock Management Company S.A.
ISIN Code LU1077608575
Domicile Luxembourg
Base Currency USD
Share Class Currency RMB
Redemption Fee Nil
Investment Management Fee Up to 1.0%(p.a.)
Minimum Redemption Nil
Distribution Policy No dividends will be paid, declared or distributed.
Investment Manager China Asset Management (Hong Kong) Limited
Depositary Brown Brother Harriman (Luxembourg) S.C.A.
Bloomberg Ticker CASOIAR LX

The fund is a UCITS fund and is registered in Hong Kong and authorized by SFC on 22 November 2021. The fund changed name from ChinaAMC China A Share Opportunities Fund to ChinaAMC New Horizon China A Share Fund since 21 May 2019.

Fund Price & Performance

Fund Price

Class Currency Dealing Date NAV per unit
Class A ACC USD USD 22-09-2022 17.5800
Class A ACC RMB RMB 22-09-2022 21.0490
Class I ACC USD USD 22-09-2022 22.0190
Class A ACC HKD HKD - -
Class I ACC HKD HKD - -
Class I ACC RMB RMB - -

Since launch Performance

Class A ACC USD
Class A ACC RMB
Class I ACC USD
Class A ACC HKD
Class I ACC HKD
Class I ACC RMB
Returns
Class A ACC USD
Class A ACC RMB
Class I ACC USD
Class A ACC HKD
Class I ACC HKD
Class I ACC RMB

Cumulative Performance

ClassClass A ACC USD Class A ACC RMB Class I ACC USD
YTD-21.38%-14.56%-21.38%
1 Year-21.04%-15.68%-21.61%
3 Year+93.12%+86.32%+94.97%
5 Year+58.9%+65.29%+62.89%
Since Inception+80.88%+111.18%+126.55%

As of 31-08-2022

Calendar Year Performance

ClassClass A ACC USD Class A ACC RMB Class I ACC USD
2015--+7.72%
2016-15.88%-9.97%-14.99%
2017+43.66%+34.3%+44.8%
2018-31.29%-27.74%-30.79%
2019+24.17%+25.98%+25.47%
2020+59.58%+48.87%+61.12%
2021+35.35%+32.14%+34.87%

As of 31-12-2021

Note: The investment policy of the Fund was changed with effect from 29 June 2021. The performance prior to 29 June 2021 as achieved under circumstances that no longer apply.

Where no fund price and performance is shown for a share class means that specific share class has no investor.

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).

Distribution History

There is currently no information available.

Distributors

Prospectus & Documents

Factsheet
Financial Reports
Offering Documents
File name Date File Format
Factsheet - August 2022 16-09-2022 PDF >
Factsheet 15-08-2022 PDF >
File name Date File Format
Unaudited Semi-Annual Report 2022 22-08-2022 PDF >
Annual Report 2021 28-04-2022 PDF >
File name Date File Format
Product Key Facts 11-07-2022 PDF >
Hong Kong Prospectus 11-07-2022 PDF >

Announcements & Notices

Announcements & Notices

Investing involves risk, including possible loss of principal. Investment in emerging market countries may involve heightened risks such as increased volatility and lower trading volume, and may be subject to a greater risk of loss than investment in a developed country. Please carefully consider the Fund’s investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the relevant Fund’s prospectus. Please read the prospectus carefully before investing. ChinaAMC Funds are not sponsored, endorsed, issued, sold or promoted by their index providers (only applicable to ETFs and index funds). For details of an index provider including any disclaimer, please refer to the relevant ChinaAMC Fund offering documents.

Source: Fund performance and index data are provided by ChinaAMC and the relevant index providers (if applicable) respectively.

This website is prepared by China Asset Management (Hong Kong) Limited and has not been reviewed by the Securities and Futures Commission.

重要提示:

重要提示:

Private Funds

ChinaAMC(HK) is uniquely positioned in the market which enables it to leverage its extensive knowledge, research capabilities and investment experience in China to deliver a range of high-value asset management or investment advisory services to institutional clients worldwide. To bridge overseas investors with China opportunities, ChinaAMC (HK) is committed to utilize its local expertise to capture enormous investment potentials in China.

The private fund products issued and managed by ChinaAMC (HK) include Cayman Islands registered funds and Luxembourg domiciled SICAV funds*.

Browse through our website and discover our investment strategies. For private fund products information, please visit the product page by logging into your account.

* SICAV fund is an open-ended collective investment scheme common in Western Europe and may be open to public investors in certain European countries depending on its registration status.

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