Hong Kong Public Funds

ChinaAMC Strategic Fixed Income Fund

Management fee

Class A:1%(p.a.) / Class I:0.15%(p.a.)

Inception Date

13-Nov-2024

Morningstar

/5

-

YTD

-

1 Year

-

3 Year

-

5 Year

-

Since Inception

As of 29-11-2024

Investment involves risks, including the loss of principal. The price of units or shares of the Fund 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 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 Fund aims to achieve income and long-term capital appreciation by investing not less than 70% of its NAV in fixed income and debt securities worldwide.

• The Fund is subject to credit /counterparty risk, interest rate risk, volatility and liquidity risk, downgrading risk, sovereign debt risk, valuation risk, PRC credit rating agency risk, concentration risk, emerging markets risk, PRC tax risk and risk associated with “Dim Sum” bond.

• The Fund may invest all of its assets in fixed income and debt securities rated below investment grade or unrated, which are generally subject to lower liquidity, higher volatility and greater risk of loss of principal and interest. The value of the Fund may be more volatile.

• Investment in mortgage-backed securities (“MBS”) may be prone to substantial price volatility. MBS may be subject to greater credit, liquidity and interest rate risk compared to regular bonds and debt securities, and extension and prepayment risks and risks that payment obligations relating to the underlying assets are not met.

• Debt instruments with loss-absorption features are subject to the risk of being written down or converted to ordinary shares upon the occurrence of certain pre-defined trigger events, which are complex and difficult to predict and may result in a significant or total reduction in the value of such instruments.

• The Fund is subject to risks associated with securities financing transactions.

• The Fund may acquire FDIs, which involves counterparty/credit risk, liquidity risk, valuation risk, volatility risk, and OTC transaction risk. In adverse situations, use of FDIs may become ineffective and/or cause the Fund to suffer significant loss.

• The Fund’s investment may be denominated and a unit class may be designated in a currency other than its base currency. The NAV of the Fund may be affected unfavourably by exchange rates and by changes in exchange rate control.

• RMB is not freely convertible and is subject to exchange controls and restrictions. Any depreciation of RMB could adversely affect the value of investors’ investments in the Fund. Investors of hedged RMB denominated classes have to bear the associated hedging costs and there is no guarantee that the hedging strategy will fully and effectively eliminate the currency exposure.

• Payment of dividends out of capital and/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 those original investments. Any such distributions may result in an immediate reduction of the NAV per Share of the Fund.

Product Details

Investment Objective

The investment objective of the Fund is to achieve income and long-term capital appreciation.

Fund Overview

Class A USD (ACC/DIST)
Class A HKD (ACC/DIST)
Class A RMB (ACC/DIST)
Class A RMB Hedged (ACC/DIST)
Class I USD (ACC/DIST)
Class I HKD (ACC/DIST)
Class I RMB (ACC/DIST)
Class I RMB Hedged (ACC/DIST)
Asset Class Fixed Income
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription USD10
Minimum Redemption USD10
Inception Date Not launched yet
Administrator Citibank, N.A., Hong Kong Branch
ISIN Code
Domicile Hong Kong
Base Currency USD
Share Class Currency USD
Redemption Fee Nil
Management Fee 1%(p.a.)
Minimum Holding USD10
Distribution Policy (ACC) No dividend distributions to Unitholders
Distribution Policy (DIST) Quarterly, subject to the Manager’s discretion
Trustee Cititrust Limited
Custodian Industrial Bank Co., Ltd., Hong Kong Branch
Bloomberg Ticker
Asset Class Fixed Income
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription HKD100
Minimum Redemption HKD100
Inception Date Not launched yet
Administrator Citibank, N.A., Hong Kong Branch
ISIN Code
Domicile Hong Kong
Base Currency USD
Share Class Currency HKD
Redemption Fee Nil
Management Fee 1%(p.a.)
Minimum Holding HKD100
Distribution Policy (ACC) No dividend distributions to Unitholders
Distribution Policy (DIST) Quarterly, subject to the Manager’s discretion
Trustee Cititrust Limited
Custodian Industrial Bank Co., Ltd., Hong Kong Branch
Bloomberg Ticker
Asset Class Fixed Income
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription RMB100
Minimum Redemption RMB100
Inception Date Not launched yet
Administrator Citibank, N.A., Hong Kong Branch
ISIN Code
Domicile Hong Kong
Base Currency USD
Share Class Currency RMB
Redemption Fee Nil
Management Fee 1%(p.a.)
Minimum Holding RMB100
Distribution Policy (ACC) No dividend distributions to Unitholders
Distribution Policy (DIST) Quarterly, subject to the Manager’s discretion
Trustee Cititrust Limited
Custodian Industrial Bank Co., Ltd., Hong Kong Branch
Bloomberg Ticker
Asset Class Fixed Income
Class Class A
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription RMB100
Minimum Redemption RMB100
Inception Date Not launched yet
Administrator Citibank, N.A., Hong Kong Branch
ISIN Code
Domicile Hong Kong
Base Currency USD
Share Class Currency RMB
Redemption Fee Nil
Management Fee 1%(p.a.)
Minimum Holding RMB100
Distribution Policy (ACC) No dividend distributions to Unitholders
Distribution Policy (DIST) Quarterly, subject to the Manager’s discretion
Trustee Cititrust Limited
Custodian Industrial Bank Co., Ltd., Hong Kong Branch
Bloomberg Ticker
Asset Class Fixed Income
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription USD100,000
Minimum Redemption USD100,000
Inception Date ACC: Not launched yet
DIST: 13 Nov 2024
Administrator Citibank, N.A., Hong Kong Branch
ISIN Code ACC: HK0001053922
Dist: HK0001053930
Domicile Hong Kong
Base Currency USD
Share Class Currency USD
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding USD100,000
Distribution Policy (ACC) No dividend distributions to Unitholders
Distribution Policy (DIST) Quarterly, subject to the Manager’s discretion
Trustee Cititrust Limited
Custodian Industrial Bank Co., Ltd., Hong Kong Branch
Bloomberg Ticker ACC: CHASTIU HK
Dist: CHASIUD HK
Asset Class Fixed Income
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription HKD1,000,000
Minimum Redemption HKD1,000,000
Inception Date Not launched yet
Administrator Citibank, N.A., Hong Kong Branch
ISIN Code
Domicile Hong Kong
Base Currency USD
Share Class Currency HKD
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding HKD1,000,000
Distribution Policy (ACC) No dividend distributions to Unitholders
Distribution Policy (DIST) Quarterly, subject to the Manager’s discretion
Trustee Cititrust Limited
Custodian Industrial Bank Co., Ltd., Hong Kong Branch
Bloomberg Ticker
Asset Class Fixed Income
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription RMB1,000,000
Minimum Redemption RMB1,000,000
Inception Date Not launched yet
Administrator Citibank, N.A., Hong Kong Branch
ISIN Code
Domicile Hong Kong
Base Currency USD
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding RMB1,000,000
Distribution Policy (ACC) No dividend distributions to Unitholders
Distribution Policy (DIST) Quarterly, subject to the Manager’s discretion
Trustee Cititrust Limited
Custodian Industrial Bank Co., Ltd., Hong Kong Branch
Bloomberg Ticker
Asset Class Fixed Income
Class Class I
Dealing Frequency Daily
Subscription Fee Up to 3%
Conversion Fee Nil
Minimum Subscription RMB1,000,000
Minimum Redemption RMB1,000,000
Inception Date Not launched yet
Administrator Citibank, N.A., Hong Kong Branch
ISIN Code
Domicile Hong Kong
Base Currency USD
Share Class Currency RMB
Redemption Fee Nil
Management Fee 0.15%(p.a.)
Minimum Holding RMB1,000,000
Distribution Policy (ACC) No dividend distributions to Unitholders
Distribution Policy (DIST) Quarterly, subject to the Manager’s discretion
Trustee Cititrust Limited
Custodian Industrial Bank Co., Ltd., Hong Kong Branch
Bloomberg Ticker

Fund Price & Performance

Fund Price

Class Currency Dealing Date NAV per unit
Class I DIST USD USD 10-12-2024 10.0230

Since launch Performance

Class I DIST USD
Historical NAVs
Class I DIST USD

7-Day Annualized Performance

Cumulative Performance

ClassClass I DIST USD
YTD-
1 Year-
3 Year-
5 Year-
Since Inception-

As of 29-11-2024

Calendar Year Performance

ClassClass I DIST USD

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.

**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.

****Annualized dividend yield = [(1+distribution per unit/ex-dividend NAV)^12]-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

Distributors

Prospectus & Documents

Offering Documents
File name Date File Format
Prospectus 29-10-2024 PDF >
Product Key Facts 29-10-2024 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.

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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