AFTY CSOP FTSE China A50 ETF

AFTY

NAV $14.67

Chg $-0.01

Chg% -0.04%

Price $14.86

Chg $0.23

Chg% 1.58%

Updated: Sep. 20, 2018

Performance

Monthly	1m	3m	6m	1y	Since Inception
NAV	-6.44%	-0.72%	7.06%	-7.86%	-12.09%
Market Price	-6.94%	-3.09%	6.01%	-7.92%	-13.59%
Benchmark	-6.25%	-0.31%	4.22%	-10.55%	-13.00%

As of: Dec. 30, 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

The performance chart is calculated on NAV to NAV basis with dividend reinvested. To access current return information, please call 844-209-2937.

Description Features Index

The CSOP FTSE China A50 ETF (“AFTY”) seeks to provide investment results that, before fees and expenses, track the performance of the FTSE China A50 Net Total Return Index.

AFTY achieves its performance by investing in the constituents of the Index. The Index is comprised of A-Shares issued by the 50 largest companies in the China A-Shares market. The Index is a net total return index. This means that the performance of the Index assumes that dividends paid by the Index constituents, net of any withholding taxes, are reinvested in additional shares of such Index constituents.

^{*ETF inception date: March 12, 2015}

Exposure to China’s onshore A-share market, the 2nd largest equities market in the world
Holding the 50 largest stocks on China’s onshore equity market
Strong diversification benefits for asset allocation due to its low correlation to other markets
Tracking the most popular A-share index in the China offshore markets
Managed by the largest Renminbi Qualified Institutional Investor (“RQFII”) Manager in the world

Diversification does not assure a profit or protect against loss
Bloomberg, as of 20 March, 2017. Calculated by RQFII assets under management.

Name
FTSE China A50 (CNHUSD) Net Total Return Index
Launch Date
December 13, 2003
Base Currency
USD
Index Provider
FTSE International Limited
Index Type
Net Total Return Index
Underlying Securities
The largest 50 China A-Share companies by full market capitalization of the FTSE China A All-Share Index
Rebalancing Frequency
Quarterly

Key Facts

Adviser
CSOP Asset Management Limited
Listing Date
March 12, 2015
Exchange Listing
NYSE Arca, Inc.
Stock Ticket
AFTY
Base Currency
USD
Trading Currency
USD
Inception Price
$17 USD/share
Total Expense Ratio
0.70%
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.
Asset Under Management
8,888,954
Shares Outstanding
605,882
NAV
$14.67
Closing Price
$14.86

Top 10

Total Nav (USD): 8,724,171.38
Securities: 50
Securities(%): 98.15%

52.58% Financials
12.61% Consumer Staples
8.76% Consumer Discretionary
5.8% Real Estate
4.56% Industrials
4.39% Information Technology
2.88% Energy
2.34% Materials
2.07% Health Care
1.31% Utilities

Last Updated: September 20, 2018 Holdings are subject to change without notice.

Holdings Download

Weight (%)	Name	Exchange Ticker	Shares Held	Valuation Price (RMB)	Market Value (USD)	Sector
0.24	CHINA MOLYBDENUM CO LTD-A	603993	31700	4.52	$20,901.96	Materials
0.33	SHANGHAI INTERNATIONAL POR-A	600018	38000	5.25	$29,102.63	Industrials
0.33	CHINA CITIC BANK CORP LTD-A	601998	34338	5.83	$29,203.37	Financials
0.33	FOXCONN INDUSTRIAL INTERNE-A	601138	14100	14.27	$29,351.65	Information Technology
0.36	CHINA COMMUNICATIONS CONST-A	601800	17800	12.18	$31,626.90	Industrials
0.4	FOSHAN HAITIAN FLAVOURING -A	603288	3400	71.8	$35,611.70	Consumer Staples
0.64	CHINA LIFE INSURANCE CO-A	601628	18345	21.29	$56,974.79	Financials
0.65	NEW CHINA LIFE INSURANCE C-A	601336	8246	48.2	$57,980.20	Financials
0.72	BYD CO LTD -A	2594	9600	45.95	$64,349.64	Consumer Discretionary
0.73	CHINA RAILWAY GROUP LTD-A	601390	58700	7.54	$64,565.25	Industrials
0.75	PETROCHINA CO LTD-A	601857	51000	8.96	$66,660.35	Energy
0.77	CHINA SHENHUA ENERGY CO-A	601088	24967	18.68	$68,035.03	Energy
0.82	CHINA MERCHANTS SHEKOU INDUS	1979	25900	19.19	$72,504.36	Real Estate
0.84	BAOSHAN IRON & STEEL CO-A	600019	66100	7.7	$74,247.45	Materials
0.86	CHINA UNITED NETWORK COMMUNICATIONS LTD	600050	95800	5.47	$76,443.79	Telecommunication Services
1.01	GUOTAI JUNAN SECURITIES CO-A	601211	41700	14.82	$90,151.64	Financials
1.08	JIANGSU YANGHE BREWERY -A	2304	5600	117.3	$95,824.25	Consumer Staples
1.12	CHINA EVERBRIGHT BANK CO-A	601818	175500	3.88	$99,334.07	Financials
1.12	FOCUS MEDIA INFO TECH-A	2027	84740	8.07	$99,758.83	Information Technology
1.13	BANK OF SHANGHAI CO LTD-A	601229	57426	11.94	$100,023.55	Financials
1.27	ANHUI CONCH CEMENT CO LTD-A	600585	21700	35.68	$112,946.81	Materials
1.27	CHINA CONSTRUCTION BANK-A	601939	113400	6.85	$113,316.46	Financials
1.3	CSR CORP LTD -A	601766	93830	8.42	$115,250.60	Industrials
1.31	CHINA YANGTZE POWER CO LTD-A	600900	49900	15.95	$116,104.92	Utilities
1.34	BOE TECHNOLOGY GROUP CO LT-A	725	260100	3.15	$119,519.92	Information Technology
1.36	CHINA PETROLEUM & CHEMICAL-A	600028	120300	6.89	$120,913.34	Energy
1.52	BANK OF BEIJING CO LTD -A	601169	159472	5.8	$134,927.91	Financials
1.52	PING AN BANK CO LTD-A	1	90824	10.23	$135,539.42	Financials
1.55	BANK OF CHINA LTD-A	601988	265400	3.57	$138,216.06	Financials
1.59	HANGZHOU HIKVISION DIGITAL-A	2415	35163	27.53	$141,215.22	Information Technology
1.66	SAIC MOTOR CORPORATION LTD-A	600104	34189	29.67	$147,976.69	Consumer Discretionary
1.72	CHINA PACIFIC INSURANCE GR-A	601601	31717	32.98	$152,592.13	Financials
1.77	POLY REAL ESTATE GROUP CO -A	600048	86000	12.56	$157,571.43	Real Estate
1.86	CHINA STATE CONSTRUCTION -A	601668	211460	5.35	$165,033.22	Industrials
12.3	PING AN INSURANCE GROUP CO-A	601318	115636	64.8	$1,093,093.82	Financials
2.07	JIANGSU HENGRUI MEDICINE C-A	600276	21310	59.19	$184,001.42	Health Care
2.33	BANK OF COMMUNICATIONS CO-A	601328	252100	5.63	$207,047.80	Financials
2.35	WULIANGYE YIBIN CO LTD-A	858	22200	64.39	$208,526.27	Consumer Staples
2.45	IND & COMM BK OF CHINA-A	601398	271500	5.49	$217,436.05	Financials
2.5	INNER MONGOLIA YILI INDUS-A	600887	62800	24.24	$222,065.78	Consumer Staples
2.59	CITIC SECURITIES CO-A	600030	97846	16.14	$230,375.33	Financials
2.68	AGRICULTURAL BANK OF CHINA-A	601288	444300	3.67	$237,865.66	Financials
3	MIDEA GROUP CO LTD-A	333	45290	40.3	$266,254.37	Consumer Discretionary
3.04	SHANGHAI PUDONG DEVEL BANK-A	600000	181181	10.22	$270,117.62	Financials
3.21	CHINA VANKE CO LTD -A	2	81400	24.01	$285,105.72	Real Estate
3.38	GREE ELECTRIC APPLIANCES I-A	651	53600	38.41	$300,329.83	Consumer Discretionary
3.46	CHINA MINSHENG BANKING-A	600016	348184	6.05	$307,293.63	Financials
4.35	INDUSTRIAL BANK CO LTD -A	601166	174432	15.18	$386,266.73	Financials
6.29	KWEICHOW MOUTAI CO LTD-A	600519	5647	678.55	$558,970.66	Consumer Staples
6.93	CHINA MERCHANTS BANK-A	600036	148028	28.51	$615,645.15	Financials

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

Distribution

Ex-Date	Payable Date	Record Date	Distribution (USD)
December 15, 2017	December 29, 2017	December 18, 2017	1.16483 Per Share

Risk

An investor should consider the Fund’s investment objectives, risks, and charges and expenses carefully before investing. This and other important information may be found in the Fund’s prospectus (pdf). Please read the prospectus carefully before investing. To obtain a print prospectus, call 844-209-2937.

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.

Index returns are for reference only and do not reflect any management fees, brokerage expenses, transaction costs or expenses. Indexes are unmanaged and investors cannot invest directly in an index. Index returns assume that dividends have been reinvested.

CSOP FTSE China A50 ETF is managed by CSOP Asset Management Limited (the “Advisers”), and distributed by ALPS Distributors, Inc. (“ALPS”).