Hong Kong Public Funds

ChinaAMC RMB Money Market ETF (Unlisted Class)

Management fee

Class A: 0.30%(p.a.) / Class I: 0.15% (p.a.) / Class F: 0.60% (p.a.)

Inception Date

12-Jul-2023

Morningstar

/5

Fund Performance – Class I RMB Units

+0.69%

YTD

-

1 Year

-

3 Year

-

5 Year

+1.36%

Since Inception

As of 28-03-2024

Investment involves risks, including the loss of principle. Past performance is not indicative of future results. Before investing in the ChinaAMC RMB Money Market 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 is actively managed. It does not seek to track any index. It may fail to meet its investment objective as a result of the selection of investments.

•The purchase of a Unit in the Fund is not the same as placing funds on deposit with a bank or deposit-taking company. The Fund does not guarantee repayment of principal.

•Investing in Mainland China involves greater political, social, tax, economic, foreign exchange, liquidity, regulatory, custody and high volatility risks.

•The Fund is subject to concentration risk in Greater China and may likely be more volatile than a broad-based fund.

•The Fund is subject to fixed income and debt instruments investment risks, including short-term fixed income and debt instruments risk, credit, counterparty, volatility, liquidity, interest rate, credit rating, credit rating agency, downgrading, valuation, settlement, sovereign debt risks and “Dim Sum” bond market risks.

•Bank deposits are subject to the credit risks of the relevant financial institutions, and may not be protected by any deposit protection schemes in certain regime.

•The Fund is subject to QFI regime related risks, such as change of rules and regulations, QFI revocation/termination, trading prohibitions, limitations on monies repatriation, default by a QFI custodian/broker.

•The Fund is subject to risks associated with Mainland interbank bond market and Bond Connect, such as suspension of trading, regulatory, volatility, liquidity, settlement and counterparty risk.

•Listed and Unlisted Classes are subject to different pricing and dealing arrangements. NAV per Unit of each class may be different due to different fees and cost. Trading hours of SEHK applicable to Listed Class in the secondary market and dealing deadlines in respect of the Listed Class on the primary market or Unlisted Class are also different.

•Units of Listed Class are traded in the secondary market on an intraday basis at the prevailing market price, while Units of Unlisted Class are sold through intermediaries based on the dealing day-end NAV. Investors of Unlisted Class could redeem at NAV while investors of Listed Class in the secondary market could only sell at the prevailing market price and may have to exit the Fund at a significant discount. Investors of Unlisted Class may be at an advantage or disadvantage compared to investors of Listed Class.

•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 are exposed to foreign exchange risk.

•The trading price of the units of Listed Class 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.

•If there is a suspension of the inter-counter transfer of units between counters, investors will only be able to trade their units in the relevant counter. The market price on the SEHK of units traded in each counter may deviate significantly, as such investors may pay more or receive less when buying units traded in RMB on the SEHK than in respect of units traded in HKD and vice versa.

Product Details

Investment Objective

The Sub-Fund’s investment objective is to invest in short-term deposits and high quality money market instruments to achieve a long-term return in RMB in line with prevailing money market rates, with primary considerations of both capital security and liquidity.

Product Overview

Class A RMB
Class A HKD
Class A HKD Hedged
Class A USD
Class A USD Hedged
Class F RMB
Class F HKD
Class F HKD Hedged
Class F USD
Class F USD Hedged
Class I RMB
Class I HKD
Class I HKD Hedged
Class I USD
Class I USD Hedged
Asset Class Money Market
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription RMB 10
Minimum Redemption RMB 10
Inception Date 16-Feb-2024
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code HK0000921848
Domicile Hong Kong
Base Currency RMB
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.30%(p.a.)
Minimum Holding RMB 10
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker CAMCMAR HK Equity
Asset Class Money Market
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription HKD 10
Minimum Redemption HKD 10
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.30%(p.a.)
Minimum Holding HKD 10
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription HKD 10
Minimum Redemption HKD 10
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.30%(p.a.)
Minimum Holding HKD 10
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription USD 10
Minimum Redemption USD 10
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.30%(p.a.)
Minimum Holding USD 10
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription USD 10
Minimum Redemption USD 10
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.30%(p.a.)
Minimum Holding USD 10
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class F
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription RMB 1
Minimum Redemption RMB 1
Inception Date 05-Jan-2024
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code HK0000921855
Domicile Hong Kong
Base Currency RMB
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.60%(p.a.)
Minimum Holding RMB 1
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker CAMCMFR HK Equity
Asset Class Money Market
Class Class F
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription HKD 1
Minimum Redemption HKD 1
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.60%(p.a.)
Minimum Holding HKD 1
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class F
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription HKD 1
Minimum Redemption HKD 1
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.60%(p.a.)
Minimum Holding HKD 1
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class F
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription USD 1
Minimum Redemption USD 1
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.60%(p.a.)
Minimum Holding USD 1
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class F
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription USD 1
Minimum Redemption USD 1
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.60%(p.a.)
Minimum Holding USD 1
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription RMB 10,000
Minimum Redemption RMB 10,000
Inception Date 10-Oct-2023
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code HK0000921863
Domicile Hong Kong
Base Currency RMB
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding RMB 10,000
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker CAMCMIR HK Equity
Asset Class Money Market
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription HKD 10,000
Minimum Redemption HKD 10,000
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding HKD 10,000
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription HKD 10,000
Minimum Redemption HKD 10,000
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding HKD 10,000
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription USD 1,000
Minimum Redemption USD 1,000
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding USD 1,000
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -
Asset Class Money Market
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Switching Fee Up to 5%
Minimum Subscription USD 1,000
Minimum Redemption USD 1,000
Inception Date Not launched yet
Administrator HSBC Institutional Trust Services (Asia) Limited
ISIN Code -
Domicile Hong Kong
Base Currency RMB
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding USD 1,000
Distribution Policy (ACC) No dividends will be declared or distributed
Custodian The Hongkong and Shanghai Banking Corporation Limited
Bloomberg Ticker -

As of 15-04-2024

Fund Price & Performance

Fund Price

Class Currency Dealing Date NAV per unit
Class I RMB RMB 15-04-2024 101.5049
Class A RMB RMB 15-04-2024 100.4350
Class A HKD HKD - -
Class A HKD Hedged HKD - -
Class A USD USD - -
Class A USD Hedged USD - -
Class F RMB RMB 15-04-2024 100.6533
Class F HKD HKD - -
Class F HKD Hedged HKD - -
Class F USD USD - -
Class F USD Hedged USD - -
Class I HKD HKD - -
Class I HKD Hedged HKD - -
Class I USD USD - -
Class I USD Hedged USD - -

Since Launch Performance

Class I RMB
Class A RMB
Class A HKD
Class A HKD Hedged
Class A USD
Class A USD Hedged
Class F RMB
Class F HKD
Class F HKD Hedged
Class F USD
Class F USD Hedged
Class I HKD
Class I HKD Hedged
Class I USD
Class I USD Hedged
Historical NAVs
Class I RMB
Class A RMB
Class A HKD
Class A HKD Hedged
Class A USD
Class A USD Hedged
Class F RMB
Class F HKD
Class F HKD Hedged
Class F USD
Class F USD Hedged
Class I HKD
Class I HKD Hedged
Class I USD
Class I USD Hedged

7-Day Annualized Performance

Class 7-Day Annualized Return
Class I RMB 3.00%
Class A RMB 2.85%
Class F RMB 2.54%
Between 05-04-2024 and 12-04-2024
Calculated based on a 7-day (7 calendar days) period by annualization based on change in net asset value (NAV), using the formula: (7-calendar-day cumulative return^(365/7)-1)x100%. Please note that this figure is a hypothetical performance which is calculated based on a 7-day period of the Fund’s past performance and does not represent an actual one-year return.

Cumulative Performance

ClassClass I RMBClass A RMBClass A HKDClass A HKD HedgedClass A USDClass A USD HedgedClass F RMBClass F HKDClass F HKD HedgedClass F USDClass F USD HedgedClass I HKDClass I HKD HedgedClass I USDClass I USD Hedged
YTD+0.69%--------------
1 Year---------------
3 Year---------------
5 Year---------------
Since Inception+1.36%+0.3%----+0.53%--------

As of 28-03-2024

Calendar Year Performance

ClassClass I RMBClass A RMBClass A HKDClass A HKD HedgedClass A USDClass A USD HedgedClass F RMBClass F HKDClass F HKD HedgedClass F USDClass F USD HedgedClass I HKDClass I HKD HedgedClass I USDClass I USD Hedged

As of 29-12-2023

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).

Holdings

Top 10 Holdings

Holdings. Weighting (%)
CNH - Yuan Renminbi RepDeposit of 28200000 to 06 May 24 at 3.65% 3.34
CNH - Yuan Renminbi RepDeposit of 25175591 to 19 Apr 24 at 3.05% 2.98
CNH - Yuan Renminbi RepDeposit of 25000000 to 07 May 24 at 3.65% 2.96
CNH - Yuan Renminbi RepDeposit of 24167822 to 10 May 24 at 3.6% 2.86
CNH - Yuan Renminbi RepDeposit of 22500000 to 02 May 24 at 3.48% 2.67
CNH - Yuan Renminbi RepDeposit of 20139630 to 22 Apr 24 at 2.83% 2.39
CNH - Yuan Renminbi RepDeposit of 20000000 to 09 May 24 at 3.65% 2.37
CNH - Yuan Renminbi RepDeposit of 17500000 to 10 Jul 24 at 2.7% 2.07
CNH - Yuan Renminbi RepDeposit of 17500000 to 11 Jul 24 at 2.7% 2.07
CNH - Yuan Renminbi RepDeposit of 16500000 to 03 Jun 24 at 3.75% 1.95
Total 25.67

As of 15-04-2024

Click below button to show the details of the holdings

Holdings are subject to change. Total allocation percentages shown in the Holdings table may not equal 100% due to rounding,  The historical data provided herein is for reference only and does not represent any future performance.

Sector Breakdown

As of 15-04-2024

As of 15-04-2024

Yield Information

There is currently no information available.

Asset Allocation

Asset Typs Weighting(%)

As of 15-04-2024

Tracking Difference & Error

Overview

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.

Overview

Overview

Overview

Overview

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.

Overview

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.

Overview

^TE is measured by the standard deviation of the daily TD. The standard deviation is calculated based on the daily TD over the rolling one year period. # Rolling 1-Year TD is the rolling 1-year actual average daily tracking difference.

^TE is measured by the standard deviation of the daily TD. The standard deviation is calculated based on the daily TD over the rolling one year period. # Rolling 1-Year TD is the rolling 1-year actual average daily tracking difference.

Distribution History

There is currently no information available.

Distributors

  • EMPEROR SECURITIES LIMITED
  • Guotai Junan Securities (HK) Limited
  • Zheshang International Financial Holdings Co., Limited

Prospectus & Documents

Offering Documents
File name Date File Format
Prospectus 07-07-2023 PDF >
Product Key Facts 07-07-2023 PDF >

Announcements & Notices

Note: Class S Units are available for subscription by the following categories of investors: i. investors whose underlying investors may otherwise be charged with duplicate fees,
including but not limited to mutual funds or fund-of-funds (which may be managed by the Manager or its Connected Persons); ii. current employees of the Manager or its affiliates at the time of subscription who submit dealing orders directly without going through any distribution channels; and iii. pension schemes authorised by Hong Kong regulators or regulated in other jurisdictions. For more detail, please contact ChinaAMC(HK) via email: hkservice@chinaamc.com.

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 index tracking ETFs and unlisted 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.

FAQs

Remarks
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Important Notes:

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Important Notes:

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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