CSOP China CSI 300 A-H Dynamic ETF

 

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Product Description

The CSOP China CSI 300 A-H Dynamic Exchange Traded Fund (“ETF”) (the “Fund”) seeks to provide investment results that, before fees and expenses, track the performance of the CSI 300 Smart Index.

Product Features

  • Both China A-shares and H-shares Exposure: A diverse investment tool for the vast number of investors who have only invested in offshore H shares ETFs in the U.S.
  • Capturing price differences opportunities between China A- and H-shares: The ability to switch to hold the more attractively valued shares class of the dual-listed companies allows the fund to capture potential opportunities brought by price differences between A-share and H-shares.
  • CSI300 Smart Index: CSI300 Smart Index reflects an investment strategy which is comprised of the overall performance of the CSI 300 Index constituent companies and returns from share class switches, i.e., switching between China A-Shares and H-Shares based on their relative prices. The CSI 300 Index consists of 300 liquid stocks with the largest market capitalization from the entire universe of listed A-Shares companies in the PRC.

Performance

  1m 3m 6m 1y Since inception
NAV -1.90% 9.54% -12.50% N/A -12.94%
Market Price 1.08% 6.59% -12.37% N/A -14.18%
Benchmark -1.91% 9.02% -12.40% N/A -13.32%
  1m 3m 6m 1y Since inception
NAV N/A N/A N/A N/A N/A
Market Price N/A N/A N/A N/A N/A
  1m 3m 6m 1y Since inception
NAV N/A N/A N/A N/A N/A
Market Price N/A N/A N/A N/A N/A
Benchmark N/A N/A N/A N/A N/A

As of 29 February, 2016

The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the ETF shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Total Returns (Net Asset Value) are calculated using the daily 4:00pm net asset value (NAV). Market price returns above reflect the closing trade price on the exchange where ETF shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. Returns for actual ETF investments may differ from what is shown on the website because of differences in timing, the amount invested, and fees and expenses. Month-end and quarter-end values represent total return, and are not annualized for periods less than one year.

Holdings

Total Net Asset Value (in USD) Number of Securities Securities(%)
     

 

 

As of

Holdings are subject to change without notice

Weighting (%) Name Exchange
Ticker
Shares
Held
Market Price Market Value
(USD)
Sector

As of

Holdings are subject to change without notice, and are not recommendation to buy or sell any security.

Distribution

Ex-Date Payable Date Record Date Distribution
N/A N/A N/A N/A

Risk:
ETF Investing in China A-shares market involves risks specific to China, including risks related to currency fluctuations, limited liquidity, less developed or less efficient trading markets, less government regulation, adverse political, economic and legal environment. The ETF is also exposed to the potential unavailability risk of the A-shares, which means that any reduction or elimination of access to A-shares will have a material adverse effect on the ability of the fund to achieve its investment objective. Applicable Chinese tax rules to the ETF is at present uncertain. Uncertainties in the Chinese tax rules could have an adverse impact on ETF performance. In addition, the ETF may be more volatile than ETFs investing in a broadly diversified portfolio and developed markets.

ETF shares are bought and sold at market price through exchange trading rather than NAV and are not individually redeemable. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns. Returns for actual ETF investments may differ from what is shown on the website because of differences in timing, the amount invested, and fees and expenses.

Diversification does not eliminate the risk of experiencing investment losses. The fund is new and has limited operating history.

Key Facts

Adviser CSOP Asset Management Limited
Listing Date 20 October 2015
Exchange Listing NYSE Arca, Inc.
Stock Ticker HAHA
Base Currency USD
Trading Currency USD
Inception Price USD 30 per share
Total Expense Ratio 0.75%
Creation Unit 50,000 Units
Dividend Policy The Fund intends to distribute its net investment income, if any, to investors annually and to distribute net realized capital gains, if any, annually.
NAV
Closing Price
Asset Under Management
Share outstanding
As of

Index Key Facts

Name CSI 300 Smart Index
Launch Date 16 July 2015
Base Currency USD
Index Provider China Securities Index Co. Ltd. (CSI)
Index Type Net Total return index
Underlying Securities The CSI 300 Index constituent companies and returns from share class switches, i.e. switching between share classes (namely A-Shares and H-Shares) based on their relative prices.The CSI 300 Index consists of the 300 stocks with the largest market capitalisation and good liquidity from the entire universe of listed A-Shares companies in the PRC.
Rebalancing Frequency Monthly
Index Definition The Index reflects an investment strategy which is comprised of the overall performance of the CSI 300 Index constituent companies and returns from share class switches, i.e., switching between share classes (namely A-Shares and H-Shares) based on their relative prices. The CSI 300 Index measures the performance of A-Shares traded on the Shanghai Stock Exchange or the Shenzhen Stock Exchange. The CSI 300 Index consists of 300 liquid stocks with the largest market capitalization from the entire universe of listed A-Shares companies in the PRC.