Hong Kong Public Funds

ChinaAMC Select Fixed Income Allocation Fund

Management fee

Class A: 0.80%(p.a.) / Class I: 0.40% (p.a.)

Inception Date

27-Aug-2018

Morningstar

/5

Fund Performance - Class I ACC USD Units

-3.88%

YTD

-5.51%

1 Year

+4.47%

3 Year

-

5 Year

+9.83%

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:
• ChinaAMC Select Fixed Income Allocation Fund (the “Fund”) seeks to achieve capital appreciation by investing not less than 70% of the NAV in fixed income and debt instruments in markets worldwide.
• Investment in debt instruments involves volatility and liquidity risk, credit risk, interest rate risk, credit rating risk, valuation risk, downgrade risk and sovereign debt risk. Fixed income and debt instruments which are below investment grade or unrated are subject to lower liquidity, higher volatility, higher credit risk and greater risk of loss.
• Investment in short-term debt instruments are not risk-free. The turnover rates of the Fund’s investments may be relatively high, as such the transaction costs incurred by the Fund will increase.
• RMB is not freely convertible and is subject to exchange controls and restrictions. There is no guarantee that the value of RMB against the investor’s base currencies will not depreciate. Any depreciation of RMB could adversely affect the value of investors’ investments in the Fund. Payment of redemptions and/or dividend in RMB may be delayed due to exchange controls and restrictions.
• Certain investments acquired by the Fund are denominated in currencies different from the Base Currency. The NAV of the Fund may be affected by exchange rates and by changes in exchange rate control.
• The Fund may acquire FDIs and may invest in structured notes for hedging purpose. The price of a derivative instrument can be very volatile and involves counterparty risk. Structured notes are complex, illiquid and there are risks of mispricing or improper valuation. They may not always perfectly track the value of the securities, rates or indices they are designed to track. Besides, structured notes are subject to insolvency or default risk of the issuers and usually involve an embedded leverage, so a relatively small adverse market movement could expose the Fund to an exceeded loss. In adverse situations, such hedging may become ineffective.
• The Fund may invest in other funds and additional fees may involve. There can be no assurance that 1) the liquidity of the underlying funds will always be sufficient to meet redemption requests; and 2) investment objective and strategy of the underlying funds will be successfully achieved.

Product Details

Investment Objective

The Fund seeks to achieve capital appreciation by directly or indirectly investing not less than 70% of the Net Asset Value of the Fund in fixed income and debt instruments in markets worldwide.

Product Overview

Class A ACC HKD
Class A ACC RMB
Class A ACC USD
Class I DIST USD
Class I ACC HKD
Class I ACC RMB
Class I ACC USD
Asset Class Fixed Income
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription HKD 10,000
Minimum Redemption HKD 10,000
Inception Date 02-Aug-2019
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000439627
Domicile Hong Kong
Base Currency USD
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.80%(p.a.)
Minimum Holding HKD 10,000
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHSFIAH HK
Asset Class Fixed Income
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription RMB 10,000
Minimum Redemption RMB 10,000
Inception Date 17-May-2021
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000439619
Domicile Hong Kong
Base Currency USD
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.80%(p.a.)
Minimum Holding RMB 10,000
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHSFIAR HK
Asset Class Fixed Income
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription USD 2,000
Minimum Redemption USD 1,000
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000439601
Domicile Hong Kong
Base Currency USD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.80%(p.a.)
Minimum Holding USD 2,000
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHSFIAU HK
Asset Class Fixed Income
Class Class I
Dealing Frequency Daily
Subscription Fee Nil
Conversion Fee Up to 1%
Minimum Subscription USD 1,000,000
Minimum Redemption USD 1,000,000
Inception Date 27-Sep-2019
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000539491
Domicile Hong Kong
Base Currency USD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.40%(p.a.)
Minimum Holding USD 1,000,000
Distribution Policy Currently semi-annually, subject to the discretion of the Manager
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHFIAIU HK
Asset Class Fixed Income
Class Class I
Dealing Frequency Daily
Subscription Fee Nil
Conversion Fee Up to 1%
Minimum Subscription HKD 5,000,000
Minimum Redemption HKD 100,000
Inception Date 27-Aug-2018
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000439650
Domicile Hong Kong
Base Currency USD
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.40%(p.a.)
Minimum Holding HKD 5,000,000
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHSFIIH HK
Asset Class Fixed Income
Class Class I
Dealing Frequency Daily
Subscription Fee Nil
Conversion Fee Up to 1%
Minimum Subscription RMB 5,000,000
Minimum Redemption RMB 100,000
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000439643
Domicile Hong Kong
Base Currency USD
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.40%(p.a.)
Minimum Holding RMB 5,000,000
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHSFIIR HK
Asset Class Fixed Income
Class Class I
Dealing Frequency Daily
Subscription Fee Nil
Conversion Fee Up to 1%
Minimum Subscription USD 1,000,000
Minimum Redemption USD 10,000
Inception Date 27-Aug-2018
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000439635
Domicile Hong Kong
Base Currency USD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.40%(p.a.)
Minimum Holding USD 1,000,000
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHSFIIU HK

Fund Price & Performance

Fund Price

Class Currency Dealing Date NAV per unit
Class I ACC USD USD 22-09-2022 10.9174
Class A ACC HKD HKD 22-09-2022 10.3261
Class A ACC RMB RMB 22-09-2022 10.4873
Class A ACC USD USD 22-09-2022 10.2905
Class I DIST USD USD - -
Class I ACC HKD HKD 22-09-2022 10.2524
Class I ACC RMB RMB - -

Since Launch Performance

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

Cumulative Performance

ClassClass I ACC USD Class A ACC HKD Class A ACC RMB Class A ACC USD Class I DIST USD Class I ACC HKD Class I ACC RMB
YTD-3.88%-3.4%+4.31%-4.02%--3.25%-
1 Year-5.51%-4.98%+0.7%-5.78%--4.7%-
3 Year+4.47%+3.4%-+3.34%--1.82%-
5 Year-------
Since Inception+9.83%+3.84%+2.9%+3.5%-+3.13%-

As of 31-08-2022

Calendar Year Performance

ClassClass I ACC USD Class A ACC HKD Class A ACC RMB Class A ACC USD Class I DIST USD Class I ACC HKD Class I ACC RMB
2019+5.24%----+4.63%-
2020+7.28%+6.38%-+6.85%-+0.55%-
2021+0.14%+0.3%--0.27%-+0.48%-

As of 31-12-2021

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

With Effect from 15 May 2020, the investment objective and strategy of the Fund was changed. The performance of the Fund prior to 15 May 2020 was achieved under circumstances that no longer apply. The investment objective and strategy of the Fund was also changed on 6 December 2019.

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

ClassCurrencyRecord DateEx-Dividend DateDividend per unitAnnualized Dividend YieldDividend out of distributable income *Dividend out of capital
Class I DIST USD USD27-12-201930-12-20190.040.0489100%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.

**Annualized dividend yield = [(1+distribution per unit/ex-dividend NAV)^365/number of days from fund inception to the record date of the first distribution]‐1.

Warning: The annualized dividend yield is calculated based on the latest dividend distribution with dividend reinvested, and may be higher or lower than the actual annual dividend yield. Positive distribution yield does not imply positive return. Dividend is not guaranteed. Investors should not make any investment decision solely based on information contained in the table above. You should read the relevant offering document (including the key facts statement) of the fund for further details including the risk factors.

Distributors

  • Evergrande Securities (Hong Kong) Limited
  • Chief Securities Limited
  • Futu Securities International (Hong Kong) Limited
  • Lu International (Hong Kong) Limited
  • Lion Global Financial Limited

Prospectus & Documents

Factsheet
Financial Reports
Offering Documents

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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