The Bloomberg Business Weekly/Chinese version of the Leading Fund Award annually selects the best performing regional and international funds. This year's awards entered the fourth session. The conference selected outstanding and outstanding outstanding fund projects from the "Mutual Funds", "Exchange Traded Funds" and "MPF" categories. The “Leading Fund Award” was analysed by the Bloomberg Data System and the performance of fund prices in the database was used to select the fund project with the highest investment return rate.
The Bloomberg data analysis system conducts in-depth analysis and calculation of the past performance of funds, compares their performance with similar products, and finally makes an objective score. According to the system calculation method, the analysis and calculation of "Exchange Traded Fund" is scored by the tracking error performance of the past leap year and the asset value return.
Photo: Mr. Zhu Renjin (right), Head of ETF, China Resources Fund (Hong Kong), receives the award from Bloomberg Business Weekly/Chinese Version. Prof. Xu Yan (left), dean of the School of Business of the Hong Kong University of Science and Technology, was the guest of honor for the award.
Learn about the winning ETF - Huaxia CSI 300 Index ETF (3188.HK/83188.HK)
Investment involves risks, including loss of principal. Past performance does not represent future performance. Before investing in the Huaxia CSI 300 Index ETF (the "Fund"), investors should refer to the fund's charter, including the risk factors. You should not rely solely on this information to make investment decisions. Please note:
The Fund's investment objective is to provide investment returns (not including fees and expenses) that closely mirror the performance of the Shanghai-Shenzhen 300 Index (the "Index"). The fund invests in China's domestic securities market through the fund manager's RQFII quota and stock market trading interconnection mechanism.
As the fund tracks the performance of the one area (China), it faces a concentration risk and its volatility is likely to exceed that of the funds with extensive coverage.
The Fund is exposed to risks associated with the RQFII system. For example, when a Chinese broker or a Chinese custodian executes or settles any transaction or transfers any funds or securities, the default, RQFII policies and rules may be amended, and the implementation is subject to uncertainty and RMB return restrictions. , And the fund's RQFII quota is not enough.
The Fund is exposed to risks associated with the interconnection and interoperability mechanism of the stock market. For example, rules and regulations may be subject to change, limits may be limited, and stock market trading interconnections may be suspended. If the fund's ability to invest in China A-Shares in a timely manner through the stock market trading interconnection mechanism is adversely affected, the fund manager can only rely on RQFII investment to achieve the investment objective.
When investing in emerging markets such as China, due to higher risks in politics, taxation, economy, foreign exchange, liquidity, and regulation, the risk of loss is higher than investment in more developed markets.
If the inter-counter transfer of Units between the Hong Kong Dollar Counter and the RMB Counter is interrupted for any reason, Unitholders will only be able to trade on the Hong Kong Stock Exchange's relevant counter units. The market price of Hong Kong dollar trading fund units and renminbi trading fund units on the Hong Kong Stock Exchange may be quite different due to market liquidity, supply and demand of various counters, and different factors such as the exchange rate between the RMB and the Hong Kong dollar (onshore and offshore). Therefore, the amount paid by an investor when purchasing or selling a Hong Kong dollar trading fund unit on the Hong Kong Stock Exchange may exceed and the amount charged may be less than the amount paid or received when buying or selling RMB trading fund units, and vice versa. Investors who do not have a renminbi account can only buy and sell HKD traded fund units, and should note that the distribution is made only in RMB. As a result, these investors may suffer exchange losses and generate exchange-related expenses and expenses when receiving dividends. Not all brokers and CCASS participants are familiar with or able to purchase units on the same counter, then sell the units on another counter, or perform inter-counter transfer of units, or both units at the same time. This may result in investors unable or delaying the trading of Hong Kong dollar trading fund units or renminbi trading fund units, and investors may therefore only be able to trade in a variety of currencies.
Since the fund units of the fund may not be priced at the time when the Shanghai Stock Exchange and the Shenzhen Stock Exchange opened, the value of the securities in the fund's investment portfolio may change on the day when investors cannot buy or sell funds. The time difference between trading hours of the Shanghai Stock Exchange and the Shenzhen Stock Exchange and the Hong Kong Stock Exchange and trading restrictions on the A shares may both increase the premium/discount rate of the unit price of the fund relative to its net asset value.
The fund is denominated in RMB. The RMB is currently not freely convertible and subject to foreign exchange control and restrictions. Funds investors whose base currency is not renminbi face foreign exchange risk. There is no guarantee that the RMB will not depreciate.
The Huaxia CSI 300 Index ETF (3188.HK/83188.HK) is the most popular offshore renminbi investment vehicle and is a Chinese A share ETF that is denominated in RMB and traded in two currencies. The Huaxia CSI 300 Index tracks the representative A-share index - the CSI 300 Index. The constituent stocks cover a number of sectors. The industry is diversified. For example, the financial and consumer sectors and other high-growth sectors have an industry distribution that is higher than that of other major A-share indices. balance. In addition, the CSI 300 Index is highly correlated with the MSCI China A Index, which is expected to benefit from A-shares becoming “Morganstanley.
China Securities Index Disclaimer
All rights in the CSI 300 Index ("Index") are vested in China Securities Index Co., Ltd. ("China Securities"). "CSI 300" is a registered trademark of China Securities. The CSI does not make any explicit or implicit guarantees regarding the accuracy and completeness of the data related to the index. The CSI is not liable to anyone for any errors in the index (regardless of whether or not there is negligence) and is not obliged to inform anyone about any errors in the index. The CSI does not guarantee, endorse, sell or promote the funds that track the index. The CSI does not bear any responsibility related to this.
This information was prepared by China Resources Fund (Hong Kong) Limited for reference only. The information in this document about the Fund does not apply to those who live in areas that restrict the publication of this content. In any jurisdiction that is not authorized to distribute or make an offer, the information contained in this WeChat does not constitute an offer for the distribution of securities, an offer to buy or sell, or an offer to promote trading.
This information is provided for informational purposes only and does not constitute an invitation or solicitation of any person for any securities product or service, nor does it constitute any investment advice or takes into account your investment objectives, financial or personal circumstances. We also have statements and guarantees as to the effectiveness or actual benefits of any particular strategy. You should not rely solely on this information to make investment decisions. Before using this information, you should read the relevant sales documents, including risk factors, and determine whether any investment, securities, or strategy is appropriate for you based on your personal circumstances. If necessary, you should consult professional advice. Please see the disclaimer of the index in the sales documentation.
Investment involves risks. Past performance of the fund does not mean future fund returns. Future returns cannot be guaranteed. You may also lose your invested capital. Investing in the Fund is not an item of deposit and it is not protected by any government agency and Huaxia Fund (Hong Kong) Limited.
The information in this WeChat reflects the current market conditions and our judgments as of the date of this document, but such conditions and judgments will change, and we will not provide further notice of these changes. In preparing this article, we believe and assume the reliability of the public information without review, but we have not stated or guaranteed the completeness or accuracy of such information. Huaxia Fund (Hong Kong) Co., Ltd., its associates, directors, and employees are not responsible for any errors or omissions in the information provided. Huaxia Fund (Hong Kong) Co., Ltd. shall not be liable for any loss or cost caused or incurred as a result of using this content.
This information has been compiled by China Resources Fund (Hong Kong) Limited and has not been reviewed by the China Securities Regulatory Commission. All copyrights, patents and other proprietary rights related to the information contained in this WeChat are owned by Huaxia (Hong Kong) Limited or its affiliates. You may not copy, distribute or copy any information or any portion of this WeChat without the consent of Huaxia (Hong Kong) Limited.