Hong Kong Public Funds

ChinaAMC Select Money Market Fund

Management fee

Class A: 0.15%(p.a.) / Class B: 0.10% (p.a.) / Class I: 0.05% (p.a.)

Inception Date

11-Feb-2020

Morningstar

/5

Fund Performance – Class A HKD Units

+0.56%

YTD

+0.53%

1 Year

-

3 Year

-

5 Year

+0.94%

Since Inception

As of 30-09-2022

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 Money Market Fund (the “Fund”) seeks to achieve long-term return in line with prevailing money market rates, with primary considerations of both capital security and liquidity, by investing not less than 70% of the NAV in HKD and USD denominated and settled short-term deposits and high quality money market instruments issued by governments, quasi-governments, international organizations, and financial institutions globally.
• The Fund is an investment fund and not a bank deposit.
• Investment in money market instruments involves volatility and liquidity risk, credit risk, interest rate risk, credit rating risk, valuation risk, downgrade risk and sovereign debt risk.
• Investment in short-term deposits is subject to the credit risks of the financial institutions that offer and act as counterparties of such deposits.
• 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.
• The Fund will invest primarily in HKD and USD-denominated instruments. The value of the Fund may be more volatile than that of a fund having a more diverse portfolio of investments.
• Certain investments acquired by the Fund are denominated in currencies different from its 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 for hedging purpose. The price of a derivative instrument can be very volatile and involves counterparty risk. In adverse situations, such hedging may become ineffective and the Fund may suffer significant losses.
• The Manager of the Fund may impose a redemption restrictions on the Fund on any Dealing Day. Where the Manager effects such limitation on redemption, redemption requests in excess of the relevant limit will not be dealt with on that Dealing Day.

Product Details

Investment Objective

The Fund seeks to achieve long-term return in line with prevailing money market rates, with primary considerations of both capital security and liquidity, by investing not less than 70% of the Net Asset Value of the Fund in HK dollar and US dollar-denominated and settled short-term deposits and high quality money market instruments issued by governments, quasi-governments, international organizations, and financial institutions globally.

Product Overview

Class A HKD
Class A USD
Class B HKD
Class B USD
Class F HKD
Class I HKD
Class I USD
Asset Class Money Market
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription HKD 1,000
Minimum Redemption HKD 1,000
Inception Date 2020-02-11
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000489945
Domicile Hong Kong
Base Currency HKD
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding HKD 1,000
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHMMFAH HK
Asset Class Money Market
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription USD 1,000
Minimum Redemption USD 1,000
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000550969
Domicile Hong Kong
Base Currency HKD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding USD 1,000
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHSMMAU HK
Asset Class Money Market
Class Class B
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription HKD 10,000
Minimum Redemption HKD 1,000
Inception Date 2019-03-19
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000489952
Domicile Hong Kong
Base Currency HKD
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.10%(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 CHMMBHK HK
Asset Class Money Market
Class Class B
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription USD 10,000
Minimum Redemption USD 1,000
Inception Date Not launched yet
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000550977
Domicile Hong Kong
Base Currency HKD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.10%(p.a.)
Minimum Holding USD 10,000
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHSMMBU HK
Asset Class Money Market
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 5%
Conversion Fee Up to 1%
Minimum Subscription Nil
Minimum Redemption Nil
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 0.05%(p.a.)
Minimum Holding Nil
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHSMMKF HK
Asset Class Money Market
Class Class I
Dealing Frequency Daily
Subscription Fee Nil
Conversion Fee Up to 1%
Minimum Subscription HKD 1,000,000
Minimum Redemption HKD 10,000
Inception Date 2019-03-28
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000489960
Domicile Hong Kong
Base Currency HKD
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.05%(p.a.)
Minimum Holding HKD 1,000,000
Distribution Policy No dividends or distributions will be made by the Fund
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker CHMMIHI HK
Asset Class Money Market
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 2021-05-11
Trustee BOCI-Prudential Trustee Limited
ISIN Code HK0000550985
Domicile Hong Kong
Base Currency HKD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.05%(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 CHSMMIU HK

Fund Price & Performance

Fund Price

Class Currency Dealing Date NAV per unit
Class A HKD HKD 30-09-2022 10.0940
Class B HKD HKD - -
Class I HKD HKD 30-09-2022 10.1488
Class I USD USD 30-09-2022 9.9615

Since Launch Performance

Class A HKD
Class B HKD
Class I HKD
Class I USD
Returns
Class A HKD
Class B HKD
Class I HKD
Class I USD

Cumulative Performance

ClassClass A HKD Class B HKD Class I HKD Class I USD
YTD+0.56%-+0.63%-0.04%
1 Year+0.53%-+0.63%-0.19%
3 Year--+0.85%-
5 Year----
Since Inception+0.94%-+1.49%-0.39%

As of 30-09-2022

Calendar Year Performance

ClassClass A HKD Class B HKD Class I HKD Class I USD
2020--+0.34%-
2021+0%-+0.09%-

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 7 September 2020, the base currency, investment objective and strategy of the Fund were changed. The performance prior to 7 September 2020 was achieved under circumstances that no longer apply.

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

  • Yunfeng Securities Limited
  • Chief Securities Limited
  • Lion Global Financial Limited
  • Citibank (Hong Kong) 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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