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  • The Ping An of China CSI 5-10Y CGB ETF (the「CGB ETF」) is an index-tracking exchange traded fund, which seeks to track the performance of the CSI PingAn 5-10y CGB Benchmark Index (the 「Underlying Index」). The return may deviate from that of its Underlying Index
     
  • The Underlying Index tracks the performance of a single geographical region, namely the PRC and is concentrated in bonds of a single issuer. The NAV of the CGB ETF is therefore likely to be more volatile than a more broad-based fund, such as a global bond fund, as the Underlying Index is more susceptible to fluctuations in value resulting from adverse changes in the financial condition of the PRC government and changes in economic or political conditions which affect the PRC.
     
  •  The CGB ETF is expected to have 15 - 20 constituents. The CGB ETF is therefore relatively concentrated in a limited number of CGB. The CGB ETF is likely to be more volatile than a fund tracking an index with a greater number of constituents, as the adverse performance of a constituent will have a greater impact on the value of the CGB ETF.
     
  • There is no guarantee of the repayment of principal.  Your investment in the fund may suffer losses.
     
  • Dividend distributions are not guaranteed and are subject to the discretion of the Manager.
     
  • The units of the CGB ETF may trade at a discount or premium to the net asset value of the units, which may go up as well as down.
     
  • Investment involves risks and the CGB ETF may not be suitable for everyone.  Investors should read the Prospectus and Product Key Facts Statement carefully for further details including various risk factors and consider their own investment objectives and other circumstances before investing.
     
  • Indexing investment approach aims to achieve an investment performance that closely corresponds with the underlying index, either by a Replication Strategy or by a Representative Sampling Strategy as described under "Principal Investment Strategies of the Index Funds".


Estimated Net Asset Value

as of 2019-04-21

11:05 am (as of 2019-04-21) HK$ 123.15 CNH 105.06

Market Price

as of 2019-04-21

11:05 am (as of 2019-04-21) HK$ 122.40

Estimated Net Asset Value is indicative only and is provided on a delayed basis.
Market prices are provided on a delayed basis .


Net Asset Value

as of 2019-04-21

Net Asset Value HK$ 123.1829 CNH 105.0836 (as of 2019-4-18)
Change (HK$)
Change (%)

Closing Price

as of 2019-04-21

Closing Price HK$ 122.40 (as of 2019-4-18)
Change (HK$)
Change (%)

Fund performance is calculated in RMB on NAV-to-NAV basis, total return with dividend reinvested (if any). Change indicates the change since the previous business day. Refer to the Prospectus for more information on determination of Net Asset Value.


Trading Information

Stock Code 3080
Exchange Hong Kong Stock Exchange
Trading Board Lot 100
Trading Currency HKD

Profile

as of 2019-04-21

Fund Inception Date 2017-12-27
SEHK Listing Date 2017-12-29
Underlying Index CSI Ping An 5-10Y CGB Benchmark Index
Total Net Assets('000,000) 236.44 (as of 2019-4-18)
Outstanding Units / Shares('000,000) 2.25 (as of 2019-4-18)
Management Fee 0.55% p.a.
Distribution Frequency (if any) Semi-annually

The Management Fee is a measure of the cost associated with managing the fund but excluding trustee fees and investment costs such as brokerage charges. For complete information on fees and charges, please refer to the Prospectus.


Dividend Record

Fund Inception Date: 2017-12-27
SEHK Listing Date: 2017-12-29

Ex-Date Record DatePayment DateDividend Distribution (per unit)
22-06-201825-06-201805-07-2018RMB0.80
14-12-201817-12-201828-12-2018RMB1.20

Distribution figures represent past distributions declared and paid for by the fund. There is no guarantee that any distributions will be declared in the future, or that if declared, the amount of any distribution will remain constant or increase over time.


Participating Dealers

  • China Merchants Securities (HK) Co., Limited
  • Haitong International Securities Company Ltd
  • UBS Securities Hong Kong Limited
  • Head & Shoulders Securities Limited
  • KGI Asia Limited

Market Maker (s)

  • KGI Asia Limited
  • Head & Shoulders Securities Limited

All dollar amounts are in HKD. All dates are in GMT+8 Time. Any exceptions are noted.
Fund Inception Date: 2017-12-27
SEHK Listing Date: 2017-12-29
Underlying Index: CSI Ping An 5-10y CGB Benchmark Index

TOTAL RETURNS

Calendar Year Performance (%)

 2018
Fund6.54%
CSI Ping An 5-10y CGB Benchmark Index (Total Return Index)7.94%

 #Fund Inception date: 27 December 2017

Data as of 31 December 2018

  • 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, assumes reinvestment of distributions.
  • These figures show by how much the CGB ETF increased or decreased in value during the calendar year being shown. Performance data has been calculated in CNH including ongoing charges and excluding subscription fee and redemption fee you might have to pay
  • Where no past performance is shown there was insufficient data available in that year to provide performance

Cumulative Performance (%)

 YTD1 month3 months6 monthsSince Fund Inception#
Fund6.54%0.88%2.34%2.93%6.49%
CSI Ping An 5-10y CGB Benchmark Index (Total Return Index)7.94%1.23%3.29%3.70%7.99%

 #Fund Inception date: 27 December 2017

Data as of 31 December 2018

Performance is calculated on NAV to NAV basis in RMB, assumes reinvestment distributions.
The performance quoted represents past performance of the Fund. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Past performance may not be repeated and is no guide for future returns.

Tracking Difference (TD)
Tracking difference is the return difference between an ETF and its underlying benchmark / index over a certain period of time.

Tracking Error (TE)
Tracking error measures how consistently an ETF follows its benchmark / index. It is the volatility (measured by standard deviation) of that return difference.


Tracking Difference

  

TD for calendar year

2018:

 

-1.39% 

Rolling 1 Year TD:-1.32%

Start from:

29-Mar-18

As of:

29-Mar-19

Since fund listing date: 29 Dec 2017

Tracking Error

Rolling 1 Year TE^:3.86%

Start from:

03-Apr-2018

As of:

03-Apr-2019

 

^ Annualized based on the number of dealing days in the past year when daily TD is calculated


Graph for Tracking Difference

 

Investment Portfolio as of 2019-04-21

Overview

Total Net Assets CNH 236,438,169 (as of 2019-4-18) Percent Securities
Number of Securities(1) 16 Percent Cash and Cash Equivalent

(1) The "Number of Securities" represents the number of underlying securities held by the Fund.


Top Holdings#

as of 2019-04-21

8.47% (as of 2019-4-18)CHINA 3.22%1225
6.43% (as of 2019-4-18)CHINA3.1%622REG
10.91% (as of 2019-4-18)CHINA3.17% 0423
6.97% (as of 2019-4-18)CHINA3.3% 0723
3.25% (as of 2019-4-18)CHINA3.48%627RE
5.19% (as of 2019-4-18)CHINA3.52% 0527
7.32% (as of 2019-4-18)CHINA3.59% 0827
7.54% (as of 2019-4-18)CHINA3.61% 0625
4.39% (as of 2019-4-18)CHINA3.69%0528
10.86% (as of 2019-4-18)CHINA3.77% 0325
0.44% (as of 2019-4-18)CHINA3.81% 0123
8.89% (as of 2019-4-18)CHINA3.82% 1127
2.23% (as of 2019-4-18)CHINA4% 0524REG
4.10% (as of 2019-4-18)CHIN3.36%0522RE
5.27% (as of 2019-4-18)CHIN3.85%1226RE
6.90% (as of 2019-4-18)CHI3.38%1124RE
View All Holdings
% of Net Assets Stock Name Exchange
Ticker
Trading
Exchange
Market Price
(HKD equivalent)
Shares Held Market Value
(HKD equivalent)

#As a percentage of NAV. Total many not equal 100% due Cash holdings.
All dollar amounts are in HKD. All dates are in GMT+8 Time. Any exceptions are noted.

Index Value

as of 2019-04-21

Underlying Index CSI Ping An 5-10Y CGB Benchmark Index
Currency RMB
Closing Level 128.469
Change
Change %%0.11
Exchange Rate

Index returns are for illustrative purposes only and are not indicative of future results. Index returns do not reflect any management fees, transaction costs or expenses.
Change indicates the change since the previous business day's closing index level.
Source: China Securities Index.

Ping An of China CSI 5-10Y CGB ETF (3080)

1.Monthly Fund Factsheets (02-2019)DownloadFile Size: 260.98KB
2.Monthly Fund Factsheet (12-2018)DownloadFile Size: 259.33KB
3.ProspectusDownloadFile Size: 4.1MB
4.Announcement on Change of DirectorsDownloadFile Size: 163.29KB
5.Monthly Fund Factsheet (11-2018)DownloadFile Size: 260.13KB
6.Dividend Announcement (12-2018)DownloadFile Size: 447.47KB
7.Dividend Announcement (06-2018)DownloadFile Size: 82.84KB
8.Announcement and AddendumDownloadFile Size: 199.25KB
9.Product Key FactsDownloadFile Size: 292.41KB
10.Semi-annual Report (06-2018)DownloadFile Size: 495.57KB

All dollar amounts are in HKD. All dates are in GMT+8 Time. Any exceptions are noted.

Important Information: Investment involves risks and unit prices may go down as well as up. Past performance is not indicative of future performance. CGB ETF may not be suitable for everyone. Investors should read the prospectus and Product Key Facts Statement ("KFS") of the CGB ETF (the “Offering Document”) carefully for further details including product features and risk factors, and consider their own investment objectives and other circumstances before investing in the CGB ETF. Investors should not only base on this material alone to make investment decisions. This material has not been reviewed by the SFC. The SFC takes no responsibility for the contents disclosed above and makes no representation as to its accuracy or completeness. Issued by Ping An of China Asset Management (Hong Kong) Co. Limited.