Hong Kong Public Funds

ChinaAMC Select RMB Investment Grade Income Fund

Management fee

Class A: 0.75%(p.a.) / Class I: 0.4% (p.a.)

Inception Date

09-Jun-2022

Morningstar

/5

Fund Performance - Class A ACC RMB

-

YTD

-

1 Year

-

3 Year

-

5 Year

+1.42%

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 investment objective of ChinaAMC Select RMB Investment Grade Income Fund (the “Fund”) is to achieve capital appreciation and income generation by investing primarily (i.e. at least 70% of the Fund’s NAV) in a fixed income portfolio with exposure to RMB.
• Investment in debt instruments involves counterparty risk, interest rate risk, volatility and liquidity risk, credit downgrading risk and valuation risk.
• 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 are concentrated in Mainland China, which involves concentration risk, risks associated with emerging market, dim sum bonds, urban investment bonds and 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 enter into securities lending, repurchase and reverse repurchase transactions and may acquire FDIs for RMB hedging. It associated with higher volatility risk, credit risk, liquidity risk, management risk, valuation risk, counterparty risk and OTC transaction risk.

Product Details

Investment Objective

The Fund seeks to achieve capital appreciation and income generation by investing primarily (i.e. at least 70% of the Net Asset Value of the Sub-Fund) in a fixed income portfolio with exposure to RMB.

Product Overview

Class A HKD (ACC/DIST)
Class A HKD Hedged (ACC/DIST)
Class A RMB (ACC/DIST)
Class A USD (ACC/DIST)
Class A USD Hedged (ACC/DIST)
Class I HKD (ACC/DIST)
Class I HKD Hedged (ACC/DIST)
Class I RMB (ACC/DIST)
Class I USD (ACC/DIST)
Class I USD Hedged (ACC/DIST)
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 Holding HKD 10,000
Distribution Policy(ACC) No dividends will be declared or distributed
Trustee BOCI-Prudential Trustee Limited
ISIN Code ACC: HK0000846623 DIST: HK0000846672
Domicile Hong Kong
Base Currency RMB
Share Class Currency HKD
Redemption Fee Nil
Investment Management Fee 0.75%(p.a.)
Minimum Redemption HKD 10,000
Inception Date ACC: 9-Jun-2022 DIST: 9-Jun-2022
Distribution Policy(DIST) Quarterly, subject to Manager's discretion
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ACC: CHIGIAH HK DIST: CHIGAHI HK
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 Holding HKD 10,000
Distribution Policy(ACC) No dividends will be declared or distributed
Trustee BOCI-Prudential Trustee Limited
ISIN Code ACC: HK0000846631 DIST: HK0000846680
Domicile Hong Kong
Base Currency RMB
Share Class Currency HKD
Redemption Fee Nil
Investment Management Fee 0.75%(p.a.)
Minimum Redemption HKD 10,000
Inception Date ACC: 9-Jun-2022 DIST: 9-Jun-2022
Distribution Policy(DIST) Quarterly, subject to Manager's discretion
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ACC: CHIGIHH HK DIST: CHIGIHI 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 Holding RMB 10,000
Distribution Policy(ACC) No dividends will be declared or distributed
Trustee BOCI-Prudential Trustee Limited
ISIN Code ACC: HK0000846599 DIST: HK0000846649
Domicile Hong Kong
Base Currency RMB
Share Class Currency RMB
Redemption Fee Nil
Investment Management Fee 0.75%(p.a.)
Minimum Redemption RMB 10,000
Inception Date ACC: 9-Jun-2022 DIST: 9-Jun-2022
Distribution Policy(DIST) Quarterly, subject to Manager's discretion
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ACC: CHIGIAR HK DIST: CHIGIRA HK
Asset Class Fixed Income
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
Distribution Policy(ACC) No dividends will be declared or distributed
Trustee BOCI-Prudential Trustee Limited
ISIN Code ACC: HK0000846607 DIST: HK0000846656
Domicile Hong Kong
Base Currency RMB
Share Class Currency USD
Redemption Fee Nil
Investment Management Fee 0.75%(p.a.)
Minimum Redemption USD 1,000
Inception Date ACC: Not launched yet DIST: 9-Jun-2022
Distribution Policy(DIST) Quarterly, subject to Manager's discretion
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ACC: CHIGIAA HK DIST: CHIGIUA HK
Asset Class Fixed Income
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
Distribution Policy(ACC) No dividends will be declared or distributed
Trustee BOCI-Prudential Trustee Limited
ISIN Code ACC: HK0000846615 DIST: HK0000846664
Domicile Hong Kong
Base Currency RMB
Share Class Currency USD
Redemption Fee Nil
Investment Management Fee 0.75%(p.a.)
Minimum Redemption USD 1,000
Inception Date ACC: 9-Jun-2022 DIST: 9-Jun-2022
Distribution Policy(DIST) Quarterly, subject to Manager's discretion
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ACC: CHIGIAU HK DIST: CHIGIAD 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 Holding HKD 5,000,000
Distribution Policy(ACC) No dividends will be declared or distributed
Trustee BOCI-Prudential Trustee Limited
ISIN Code ACC: HK0000846722 DIST: HK0000846771
Domicile Hong Kong
Base Currency RMB
Share Class Currency HKD
Redemption Fee Nil
Investment Management Fee 0.40%(p.a.)
Minimum Redemption HKD 100,000
Inception Date ACC: Not launched yet DIST: Not launched yet
Distribution Policy(DIST) Quarterly, subject to Manager's discretion
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ACC: CHIGIHA HK DIST: CHIGIHK 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 Holding HKD 5,000,000
Distribution Policy(ACC) No dividends will be declared or distributed
Trustee BOCI-Prudential Trustee Limited
ISIN Code ACC: HK0000846730 DIST: HK0000846789
Domicile Hong Kong
Base Currency RMB
Share Class Currency HKD
Redemption Fee Nil
Investment Management Fee 0.40%(p.a.)
Minimum Redemption HKD 100,000
Inception Date ACC: Not launched yet DIST: Not launched yet
Distribution Policy(DIST) Quarterly, subject to Manager's discretion
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ACC: CHIGAHH HK DIST: CHIGIIH 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 Holding RMB 5,000,000
Distribution Policy(ACC) No dividends will be declared or distributed
Trustee BOCI-Prudential Trustee Limited
ISIN Code ACC: HK0000846698 DIST: HK0000846748
Domicile Hong Kong
Base Currency RMB
Share Class Currency RMB
Redemption Fee Nil
Investment Management Fee 0.40%(p.a.)
Minimum Redemption RMB 100,000
Inception Date ACC: 9-Jun-2022 DIST: Not launched yet
Distribution Policy(DIST) Quarterly, subject to Manager's discretion
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ACC: CHIGIIA HK DIST: CHIGIRI 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 Holding USD 1,000,000
Distribution Policy(ACC) No dividends will be declared or distributed
Trustee BOCI-Prudential Trustee Limited
ISIN Code ACC: HK0000846706 DIST: HK0000846755
Domicile Hong Kong
Base Currency RMB
Share Class Currency USD
Redemption Fee Nil
Investment Management Fee 0.40%(p.a.)
Minimum Redemption USD 10,000
Inception Date ACC: 9-Jun-2022 DIST: Not launched yet
Distribution Policy(DIST) Quarterly, subject to Manager's discretion
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ACC: CHIGISA HK DIST: CHIGIID 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 Holding USD 1,000,000
Distribution Policy(ACC) No dividends will be declared or distributed
Trustee BOCI-Prudential Trustee Limited
ISIN Code ACC: HK0000846714 DIST: HK0000846763
Domicile Hong Kong
Base Currency RMB
Share Class Currency USD
Redemption Fee Nil
Investment Management Fee 0.40%(p.a.)
Minimum Redemption USD 10,000
Inception Date ACC: 9-Jun-2022 DIST: Not launched yet
Distribution Policy(DIST) Quarterly, subject to Manager's discretion
Custodian Bank of China (Hong Kong) Limited
Bloomberg Ticker ACC: CHIGIUH HK DIST: CHIGUHI HK

Fund Price & Performance

Fund Price

Class Currency Dealing Date NAV per unit
Class A ACC RMB RMB 22-09-2022 10.1361
Class A ACC HKD HKD 22-09-2022 9.5595
Class A ACC HKD Hedged HKD 22-09-2022 10.1065
Class A ACC USD USD - -
Class A ACC USD Hedged USD 22-09-2022 10.1424
Class A DIST HKD HKD 22-09-2022 9.4397
Class A DIST HKD Hedged HKD 22-09-2022 9.9653
Class A DIST RMB RMB 22-09-2022 10.0093
Class A DIST USD USD 22-09-2022 9.4380
Class A DIST USD Hedged USD 22-09-2022 9.9517
Class I ACC HKD HKD - -
Class I ACC HKD Hedged HKD - -
Class I ACC RMB RMB 22-09-2022 10.1463
Class I ACC USD USD 22-09-2022 9.5675
Class I ACC USD Hedged USD 22-09-2022 10.1479
Class I DIST HKD HKD - -
Class I DIST HKD Hedged HKD - -
Class I DIST RMB RMB - -
Class I DIST USD USD - -
Class I DIST USD Hedged USD - -

Since Launch Performance

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

Cumulative Performance

ClassClass A ACC RMBClass A ACC HKDClass A ACC HKD HedgedClass A ACC USDClass A ACC USD HedgedClass A DIST HKDClass A DIST HKD HedgedClass A DIST RMBClass A DIST USDClass A DIST USD HedgedClass I ACC HKDClass I ACC HKD HedgedClass I ACC RMBClass I ACC USDClass I ACC USD HedgedClass I DIST HKDClass I DIST HKD HedgedClass I DIST RMBClass I DIST USDClass I DIST USD Hedged
YTD--------------------
1 Year--------------------
3 Year--------------------
5 Year--------------------
Since Inception+1.42%-1.94%+1.14%-+1.43%-1.94%+1.18%+1.42%-1.95%+1.3%--+1.5%-1.87%+1.47%-----

As of 31-08-2022

Calendar Year Performance

ClassClass A ACC RMBClass A ACC HKDClass A ACC HKD HedgedClass A ACC USDClass A ACC USD HedgedClass A DIST HKDClass A DIST HKD HedgedClass A DIST RMBClass A DIST USDClass A DIST USD HedgedClass I ACC HKDClass I ACC HKD HedgedClass I ACC RMBClass I ACC USDClass I ACC USD HedgedClass I DIST HKDClass I DIST HKD HedgedClass I DIST RMBClass I DIST USDClass I DIST USD Hedged

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

ClassCurrencyRecord DateEx-Dividend DateDividend per unitAnnualized Dividend YieldDividend out of distributable income *Dividend out of capital
Class A DIST HKDHKD15-09-202216-09-20220.120683755.16%**33.14%66.86%
Class A DIST HKD HedgedHKD15-09-202216-09-20220.126148755.16%**100%0%
Class A DIST RMBRMB15-09-202216-09-20220.12675.16%**39.46%60.54%
Class A DIST USDUSD15-09-202216-09-20220.120671255.16%**82.87%17.13%
Class A DIST USD HedgedUSD15-09-202216-09-20220.126248755.16%**100%0%

**Annualized dividend yield = [(1+distribution per unit/ex-dividend NAV)^4]-1.

***“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: Please note that a positive distribution yield does not imply a positive return. 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

  • Bank of China (Hong Kong) Limited
  • Nanyang commercial bank Limited

Prospectus & Documents

Factsheet
Offering Documents
File name Date File Format
Factsheet - August 2022 16-09-2022 PDF >
File name Date File Format
Explanatory Memorandum 23-08-2022 PDF >
Product Key Facts 18-05-2022 PDF >

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.

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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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