Hong Kong Public Funds

ChinaAMC Select Flexible Cycle Income Fund

Management fee

Class A 0.30% (p.a.) Class I 0.15% (p.a.)

Inception Date

27-Oct-2022

Morningstar

/5

Fund Performance – Class A HKD Units

+0.31%

YTD

+4.32%

1 Year

-

3 Year

-

5 Year

+5.95%

Since Inception

As of 31-01-2024

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 Flexible Cycle Income Fund (the “Fund”) seeks to achieve income and capital appreciation by primarily investing not less than 70% of the Net Asset Value of the Sub-Fund in fixed income instruments worldwide.

• The Fund is subject to risk associated with monthly dealing frequency. Investors can only subscribe to or redeem from the Fund on a monthly basis. Compared to funds with higher dealing frequencies, investors of the Fund are subject to lower liquidity, higher likelihood of triggering redemption restrictions, and may not be able to exercise their judgment to deal during market volatility or extreme market circumstances not occurring on a Dealing Day.

• The Fund is subject to general fixed income instruments risk, volatility and liquidity risk, credit risk, interest rate risk, credit rating risk, valuation risk, downgrade risk, sovereign debt risk and risks associated with “Dim Sum” bonds.

• RMB is not freely convertible and is subject to exchange controls and restrictions. Any depreciation of RMB could adversely affect the value of the Fund. Payment of redemptions and/or dividend in RMB may be delayed due to exchange controls and restrictions.

• The Fund’s investments exposure may concentrate in Greater China markets (including Mainland China markets), which involves concentration risk, risks associated with emerging market, greater political, tax, economic, foreign exchange, liquidity, legal and regulatory risks.

• The Fund may invest in fixed income instruments with loss-absorption features. Investments in such instruments are subject to higher liquidity, valuation and sector concentration risk.

• The Fund may acquire derivative for hedging purpose. The price of a derivative can be very volatile which may result in losses in excess of the amount invested in the derivative.

• The Fund may at its discretion pay distribution out of capital or effectively out of capital. Payment of distributions 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 such distributions may result in an immediate reduction in the NAV per Unit of the Fund.

Product Details

Investment Objective

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

Product Overview

Class A USD
Class A HKD
Class A RMB
Class A USD Hedged
Class A RMB Hedged
Class A USD Units (DIST)
Class A HKD Units (DIST)
Class I USD
Class I HKD
Class I RMB
Class I USD Hedged
Class I RMB Hedged
Asset Class Fixed Income
Class Class A
Dealing Frequency Monthly*
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription USD 0.01
Minimum Redemption USD 0.01
Inception Date 27-Oct-2022
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000884913
Domicile Hong Kong
Base Currency HKD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.30%(p.a.)
Minimum Holding USD 0.01
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHNJHGA HK
Asset Class Fixed Income
Class Class A
Dealing Frequency Monthly*
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription HKD 0.01
Minimum Redemption HKD 0.01
Inception Date 27-Oct-2022
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000884939
Domicile Hong Kong
Base Currency HKD
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.30%(p.a.)
Minimum Holding HKD 0.01
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker AHKDWSC HK
Asset Class Fixed Income
Class Class A
Dealing Frequency Monthly*
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription RMB0.01
Minimum Redemption RMB0.01
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000884947
Domicile Hong Kong
Base Currency HKD
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.30%(p.a.)
Minimum Holding RMB0.01
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ARMBSDD HK
Asset Class Fixed Income
Class Class A
Dealing Frequency Monthly*
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription USD 0.01
Minimum Redemption USD 0.01
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000884921
Domicile Hong Kong
Base Currency HKD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.30%(p.a.)
Minimum Holding USD 0.01
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CBHGNAU HK
Asset Class Fixed Income
Class Class A
Dealing Frequency Monthly*
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription RMB0.01
Minimum Redemption RMB0.01
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000884954
Domicile Hong Kong
Base Currency HKD
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.30%(p.a.)
Minimum Holding RMB0.01
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHNBGAR HK
Asset Class Fixed Income
Class Class A
Dealing Frequency Monthly*
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription USD 0.01
Minimum Redemption USD 0.01
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code -
Domicile Hong Kong
Base Currency HKD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.50%(p.a.)
Minimum Holding USD 0.01
Distribution Policy Currently monthly, subject to the discretion of the Manager.
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker -
Asset Class Fixed Income
Class Class A
Dealing Frequency Monthly*
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription HKD 0.01
Minimum Redemption HKD 0.01
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code -
Domicile Hong Kong
Base Currency HKD
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.50%(p.a.)
Minimum Holding HKD 0.01
Distribution Policy Currently monthly, subject to the discretion of the Manager.
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker -
Asset Class Fixed Income
Class Class I
Dealing Frequency Monthly*
Subscription Fee Nil
Conversion Fee Up to 1%
Minimum Subscription USD 1,000,000
Minimum Redemption USD 1,000,000
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000884962
Domicile Hong Kong
Base Currency HKD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.15%(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 CHBIUSD HK
Asset Class Fixed Income
Class Class I
Dealing Frequency Monthly*
Subscription Fee Nil
Conversion Fee Up to 1%
Minimum Subscription HKD 5,000,000
Minimum Redemption HKD 5,000,000
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000884988
Domicile Hong Kong
Base Currency HKD
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.15%(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 IHKDSWS HK
Asset Class Fixed Income
Class Class I
Dealing Frequency Monthly*
Subscription Fee Nil
Conversion Fee Up to 1%
Minimum Subscription RMB 5,000,000
Minimum Redemption RMB 5,000,000
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000884996
Domicile Hong Kong
Base Currency HKD
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.15%(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 CHBIRMB HK
Asset Class Fixed Income
Class Class I
Dealing Frequency Monthly*
Subscription Fee Nil
Conversion Fee Up to 1%
Minimum Subscription USD 1,000,000
Minimum Redemption USD 1,000,000
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000884970
Domicile Hong Kong
Base Currency HKD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.15%(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 IUSDWSP HK
Asset Class Fixed Income
Class Class I
Dealing Frequency Monthly*
Subscription Fee Nil
Conversion Fee Up to 1%
Minimum Subscription RMB 5,000,000
Minimum Redemption RMB 5,000,000
Inception Date 27-Oct-2022
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000885001
Domicile Hong Kong
Base Currency HKD
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.15%(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 IEWNHGS HK
*With effect from 18 January 2024 , the Dealing Day of the Sub-Fund has been changed from each Business Day to the last Business Day at the end of each calendar month (with exceptions such as severe weather). Investors should read carefully and understand the relevant fund offering documents, including the risk factors, before making any investment decision.

Fund Price & Performance

Fund Price

Class Currency Dealing Date NAV per unit
Class A HKD HKD 31-01-2024 10.5954
Class A USD USD 31-01-2024 10.7264
Class A RMB RMB - -
Class A USD Hedged USD - -
Class A RMB Hedged RMB - -
Class I USD USD - -
Class I HKD HKD - -
Class I RMB RMB - -
Class I USD Hedged USD - -
Class I RMB Hedged RMB 31-01-2024 10.3981
Class A DIST USD USD - -
Class A DIST HKD HKD - -

Since launch Performance

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

7-Day Annualized Performance

Cumulative Performance

ClassClass A HKDClass A USDClass A RMBClass A USD HedgedClass A RMB HedgedClass I USDClass I HKDClass I RMBClass I USD HedgedClass I RMB HedgedClass A DIST USDClass A DIST HKD
YTD+0.31%+0.48%-------+0.25%--
1 Year+4.32%+5.72%-------+3.24%--
3 Year------------
5 Year------------
Since Inception+5.95%+7.26%-------+3.98%--

As of 31-01-2024

Calendar Year Performance

ClassClass A HKDClass A USDClass A RMBClass A USD HedgedClass A RMB HedgedClass I USDClass I HKDClass I RMBClass I USD HedgedClass I RMB HedgedClass A DIST USDClass A DIST HKD
2023+4.49%+5.68%-------+3.21%--

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).

Distribution History

There is currently no information available.

*“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.

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

  • Huatai Financial Holdings Hong Kong Limited

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.

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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