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CNHX CSOP MSCI China A International Hedged ETF

CNHX
NAV $24.60
Chg $-0.43
Chg% -1.73%
Price $24.79
Chg $-0.03
Chg% -0.11%
Updated: Feb. 15, 2019

Performance

Monthly 1m 3m 6m 1y Since Inception
Market Price 7.06% 3.32% -7.10% -21.24% -17.13%
Benchmark 6.13% 2.58% -9.27% -26.55% -24.52%

As of: Jan. 31, 2019

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.

The CSOP MSCI China A International Hedged Exchange Traded Fund (“ETF”) (the “Fund”) seeks to provide investment results that, before fees and expenses, track the performance of the MSCI China A International with CNH 100% Hedged to USD Index.

*ETF inception date: October 20, 2015

  • China A-share Exposure Gain exposure to China’s onshore A-share market, the 2nd largest equities market in the world. Though the A-shares market was previously limited due to investment restrictions, this ETF allows for easy and efficient trading through both Renminbi Qualified Foreign Institutional Investor (“RQFII”) and Shanghai – Hong Kong Stock Connect programs.
  • Currency Hedged: Hedges Renminbi exposure (CNH) to reduce overall volatility due to currency fluctuations as China opens its currency markets to international investors.
  • Ideal for long term portfolio allocations for investors interested in accessing an ETF that includes large and mid-capitalization stocks and is diversified across hundreds of equity listings in China.
  • Strong diversification benefits for asset allocation due to China A shares low correlation to developed economies such as US, Europe and even Hong Kong listed stocks.
  • MSCI China A International Index represents the component that will be a part of MSCI’s index family if China listed stocks are included in their core series of indexes. Investors can use this index to replicate the inclusion at an allocation weight that makes sense for client needs over time.

Diversification does not assure a profit or protect against loss
Bloomberg, as of March 20, 2017

  • Name
  • MSCI China A International with CNH 100% Hedged to USD Index
  • Launch Date
  • June 9, 2015
  • Base Currency
  • USD
  • Index Provider
  • MSCI
  • Index Type
  • Net Total return index
  • Underlying Securities
  • Large-cap and mid-cap Chinese securities listed on the Shanghai and Shenzhen Stock Exchanges. The Index is based on the concept of the integrated MSCI China equity universe with mainland Chinese securities included.
  • Rebalancing Frequency
  • Quarterly
  • Index Definition
  • It is a free float-adjusted market capitalization-weighted index compiled and published by MSCI Inc. The Index is designed to track the equity market performance of large-cap and mid-cap Chinese securities listed on the Shanghai and Shenzhen Stock Exchanges. The Index is based on the concept of the integrated MSCI China equity universe with mainland Chinese securities included.

Key Facts

  • Adviser
  • CSOP Asset Management Limited
  • Listing Date
  • October 20, 2015
  • Exchange Listing
  • NYSE Arca, Inc.
  • Stock Ticker
  • CNHX
  • Base Currency
  • USD
  • Trading Currency
  • USD
  • Inception Price
  • USD 30 per share
  • Total Expense Ratio
  • 0.79%
  • 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
  • 1,230,197
  • Shares Outstanding
  • 50,002
  • NAV
  • $24.60
  • Closing Price
  • $24.79

Top 10

  • Total Nav (USD): 1,166,455.72
  • Securities: 227
  • Securities(%): 94.82%
  • 32.49% Financials
  • 12.05% Consumer Staples
  • 11.55% Industrials
  • 7.46% Information Technology
  • 7.28% Consumer Discretionary
  • 5.56% Materials
  • 5.14% Health Care
  • 5.12% Real Estate
  • 3.66% Utilities
  • 2.68% Energy

Last Updated: February 15, 2019 Holdings are subject to change without notice.

Holdings Download

Weight (%) Name Exchange Ticker Shares Held Valuation Price (RMB) Market Value (USD) Sector
0SHANGHAI CONSTRUCTION GROU-A60017013.22$0.47Industrials
0.07SOUND ENVIRONMENTAL RESOUR-A82656010.54$869.55Industrials
0.07QINGHAI SALT LAKE INDUSTRY-A7929006.59$873.76Materials
0.07DR PENG TELCOM & MEDIA GR-A6008047008.56$882.75Communication Services
0.08BEIJING DABEINONG TECHNOLO-A238518003.93$1,042.15Consumer Staples
0.08WUHU SHUNRONG SANQI INTERA-A255560011.82$1,044.80Communication Services
0.09CITIC GUOAN INFORMATION-A83920003.64$1,072.50Communication Services
0.09JIHUA GROUP CORP LTD-A60171821003.5$1,082.81Industrials
0.09SHENZHEN ZHONGJIN LINGNAN-A6018004.27$1,132.31Materials
0.09SHANXI SECURITIES CO LTD-A250012006.52$1,152.64Financials
0.1WANXIANG QIANCHAO CO LTD-A55914405.72$1,213.45Consumer Discretionary
0.1LIAONING CHENG DA CO LTD-A60073980010.83$1,276.39Consumer Discretionary
0.11BEIJING CAPITAL CO LTD-A60000826003.53$1,352.11Utilities
0.11DONGXING SECURITIES CO LT-A60119890010.29$1,364.34Financials
0.11DONGXU OPTOELECTRONIC TECH-A41318005.28$1,400.14Information Technology
0.11SHANXI XISHAN COAL & ELEC-A98317005.6$1,402.50Energy
0.12TONGLING NONFERROUS METALS-A63047002.05$1,419.44Materials
0.12SOOCHOW SECURITIES CO LTD-A60155513007.46$1,428.72Financials
0.12CHINA SHIPPING CONTAINER-A60186640002.44$1,437.85Industrials
0.12XINHU ZHONGBAO CO LTD-A60020832003.09$1,456.71Real Estate
0.12DHC SOFTWARE CO LTD -A206514007.12$1,468.50Information Technology
0.12BEIJING SL PHARMACEUTICAL -A203840025.05$1,476.16Health Care
0.12GUANGZHOU HAIGE COMMUNICAT-A246512008.44$1,492.07Information Technology
0.13JIANGXI GANFENG LITHIUM CO-A246045023.23$1,540.02Materials
0.13TSINGHUA UNISPLENDOUR CO-A93830035.11$1,551.73Information Technology
0.13ANXIN TRUST CO LTD-A60081623764.44$1,554.15Financials
0.13CHINA HAINAN RUBBER INDUST-A60111822004.82$1,562.19Materials
0.13GUANGSHEN RAILWAY CO LTD-A60133330003.58$1,582.23Industrials
0.13CHINESE UNIVERSE PUBLISHIN-A60037380013.44$1,584.00Communication Services
0.13MAANSHAN IRON & STEEL-A60080830003.65$1,613.16Materials
0.13SHENZHEN SALUBRIS PHARM-A229450021.91$1,613.90Health Care
0.13ZHEJIANG CHINA COMMODITIES-A60041529003.79$1,619.20Real Estate
0.13HUBEI ENERGY GROUP CO LTD-A88329003.81$1,627.75Utilities
0.13SHENZHEN ENERGY GROUP CO L-A2721005.32$1,645.87Utilities
0.13YOUNGOR GROUP CO-A60017714008.01$1,652.06Real Estate
0.14CHINA SPACESAT CO LTD -A60011860019.02$1,681.23Industrials
0.14FINANCIAL STREET HOLDINGS-A40216007.29$1,718.35Real Estate
0.14CHINA RESOURCES SANJIU MED-A99950023.39$1,722.92Health Care
0.14SHANGHAI JAHWA UNITED CO -A60031540029.26$1,724.24Consumer Staples
0.14SHANXI LUAN ENVIRONMENTAL-A60169916007.32$1,725.42Energy
0.14SHANGHAI TUNNEL ENGINEERIN-A60082017006.92$1,733.08Industrials
0.14GIANT NETWORK GROUP CO LTD-A255860019.7$1,741.33Communication Services
0.15HUBEI BIOCAUSE PHARMACEUTI-A62721005.77$1,785.09Financials
0.15INSPUR ELECTRONIC INFORMAT-A97765019.09$1,828.03Information Technology
0.15GOERTEK INC -A224116007.81$1,840.92Information Technology
0.15DAWNING INFORMATION INDUST-A60301930042.1$1,860.66Information Technology
0.15CHINA GRAND AUTOMOTIVE SER-A60029727004.72$1,877.46Consumer Discretionary
0.15SDIC ESSENCE HOLDINGS CO L-A60006113009.81$1,878.78Financials
0.15SHENERGY COMPANY LIMITED-A60064225005.17$1,904.12Utilities
0.16OFFSHORE OIL ENGINEERING-A60058323005.65$1,914.44Energy
0.16CHINA SOUTH PUBLISHING -A601098100013.11$1,931.38Communication Services
0.16SPRING AIRLINES CO LTD-A60102140032.89$1,938.15Industrials
0.16BEIJING NEW BUILDING MATER-A78680016.63$1,959.96Industrials
0.16CHINA MOLYBDENUM CO LTD-A60399332004.16$1,961.14Materials
0.16WESTERN SECURITIES CO LTD-A267316008.32$1,961.14Financials
0.16ZHEJIANG HUAYOU COBALT CO -A60379942031.73$1,963.29Materials
0.16GUOYUAN SECURITIES CO LTD-A72816508.08$1,964.08Financials
0.16CHINA COMMUNICATIONS CONST-A601800120011.12$1,965.85Industrials
0.16AIR CHINA LTD-A60111116008.36$1,970.57Industrials
0.16TONGHUA DONGBAO PHARMACEUT-A600867103712.93$1,975.34Health Care
0.16ZOOMLION HEAVY INDUSTRY S-A15734003.95$1,978.52Industrials
0.16BBMG CORPORATION-A60199238003.54$1,981.76Materials
0.16XCMG CONSTRUCTION MACHIN-A42538003.56$1,992.96Industrials
0.16SINOLINK SECURITIES CO LTD-A60010916008.48$1,998.85Financials
0.17BANK OF GUIYANG CO LTD-A601997120011.54$2,040.10Financials
0.17GUANGHUI ENERGY CO LTD-A60025635103.97$2,052.87Energy
0.17CHINA SHIPBUILDING INDUSTR-A60048260023.25$2,055.13Consumer Discretionary
0.17SUZHOU GOLD MANTIS CONSTR -A208115009.37$2,070.60Industrials
0.17FUJIAN NEWLAND COMPUTER CO-A99790015.66$2,076.34Information Technology
0.17SHANGHAI ZHANGJIANG HIGH-A60089590015.75$2,088.27Real Estate
0.17TBEA CO LTD-A60008919007.49$2,096.52Industrials
0.17ANGANG STEEL CO LTD-A89827005.28$2,100.21Materials
0.17CHINA AVIATION OPTICAL -A217939037.24$2,139.63Information Technology
0.18CHINA CITIC BANK CORP LTD-A60199826005.62$2,152.65Financials
0.18SHENZHEN O-FILM TECH CO-A2456125011.72$2,158.25Information Technology
0.18NINGBO PORT CO LTD-A60101841003.58$2,162.38Industrials
0.18FIBERHOME TELECOM TECH CO-A60049850029.87$2,200.24Information Technology
0.18ZHENGZHOU YUTONG BUS CO -A600066120012.48$2,206.28Industrials
0.18CHANGJIANG SECURITIES CO L-A78326005.79$2,217.77Financials
0.18JIANGXI COPPER CO LTD-A600362110013.72$2,223.37Materials
0.18JOINTOWN PHARMACEUTICAL-A600998100015.3$2,254.01Health Care
0.18TSINGTAO BREWERY CO LTD-A60060040038.33$2,258.73Consumer Staples
0.18CHINA NATIONAL CHEMICAL-A60111727005.68$2,259.31Industrials
0.19China Northern Rare Earth -A60011117009.09$2,276.55Materials
0.19CHINA GEZHOUBA GROUP CO LT-A60006824006.45$2,280.53Industrials
0.19TIANQI LITHIUM INDUSTR IND-A246650031.27$2,303.36Materials
0.19AVIC CAPITAL CO LTD -A60070534004.63$2,319.13Financials
0.19ZHEJIANG CHINT ELECTRICS-A60187760026.3$2,324.72Industrials
0.19ZHONGJIN GOLD CORP-A60048918888.43$2,344.74Materials
0.19FANGDA CARBON NEW MATERIAL-A60051680019.94$2,350.06Industrials
0.19RISESUN REAL ESTATE DEVEL-A214618008.89$2,357.43Real Estate
0.19JINKE PROPERTIES GROUP CO -A65627005.93$2,358.76Real Estate
0.19CHONGQING CHANGAN AUTOMOB-A62520008.06$2,374.81Consumer Discretionary
0.19EVERBRIGHT SECURITIE CO -A601788160010.13$2,387.78Financials
0.19SICHUAN KELUN PHARMACEUTIC-A242270023.24$2,396.62Health Care
0.2AVIC AVIATION ENGINE CORP-A60089370023.3$2,402.80Industrials
0.2TASLY PHARMACEUTICAL GROUP-A60053584019.46$2,408.17Health Care
0.2RONGSHENG PETRO CHEMICAL-A2493150010.96$2,421.96Materials
0.2ZHEJIANG NHU CO LTD-A2001102016.18$2,431.33Health Care
0.2SINOPEC SHANGHAI PETROCHE-A60068832005.22$2,460.85Materials
0.2CHINA JUSHI CO LTD -A600176156010.81$2,484.36Materials
0.2CHINA COSCO HOLDINGS-A60191938004.5$2,519.19Industrials
0.21HUALAN BIOLOGICAL ENGINEER-A200748035.87$2,536.51Health Care
0.21HUANENG POWER INTL INC-A60001125006.9$2,541.29Utilities
0.21SHANDONG DONG-E E-JIAO-A42340043.25$2,548.65Health Care
0.21SHANGHAI PHARMACEUTICALS-A601607100017.66$2,601.69Health Care
0.21HEBEI IRON & STEEL CO LTD-A70957003.11$2,611.56Materials
0.21SHANXI XINGHUACUN FEN WINE-A60080940044.42$2,617.60Consumer Staples
0.22ZHEJIANG LONGSHENG GROUP C-A600352180010.08$2,672.99Materials
0.22NEW HOPE LIUHE CO LTD-A87621008.67$2,682.27Consumer Staples
0.22SHANGHAI INTERNATIONAL POR-A60001833005.52$2,683.60Industrials
0.22HUADONG MEDICINE CO LTD-A96360030.52$2,697.74Health Care
0.22BEIJING SHIJI INFORMATION -A215360031.11$2,749.89Information Technology
0.22SHAANXI COAL INDUSTRY CO L-A60122523008.15$2,761.53Energy
0.23CHINA EASTERN AIRLINES CO-A60011537005.1$2,779.95Industrials
0.23INDUSTRIAL SECURITIES CO-A60137735605.32$2,790.14Financials
0.23TCL CORP-A10059003.22$2,798.80Consumer Discretionary
0.23XINJIANG GOLDWIND SCI&TECH-A2202143013.33$2,808.22Industrials
0.23BESTV NEW MEDIA CO LTD-A600637182010.52$2,820.67Communication Services
0.23VENUSTECH GROUP INC-A243980024.14$2,845.06Information Technology
0.23HENGTONG OPTIC-ELECTRIC CO-A600487100019.36$2,852.13Information Technology
0.23HUADIAN POWER INTL CORP-A60002744004.44$2,878.06Utilities
0.23GUOSEN SECURITIES CO LTD-A273622008.9$2,884.54Financials
0.24HUNDSUN TECHNOLOGIES INC-A60057030067.11$2,966.01Information Technology
0.24METALLURGICAL CORP OF CHIN-A60161867003.03$2,990.76Industrials
0.24POWER CONSTRUCTION CORP OF-A60166940005.1$3,005.35Industrials
0.25SHANGHAI ELECTRIC GRP CO L-A60172740005.13$3,023.03Industrials
0.25AVIC AIRCRAFT CO LTD-A768140014.7$3,031.87Industrials
0.25TONGWEI CO LTD-A600438180011.49$3,046.89Consumer Staples
0.25SICHUAN CHUANTOU ENERGY CO-A60067423009.07$3,073.26Utilities
0.25GUANGZHOU BAIYUNSHAN PHAR-A60033260034.83$3,078.71Health Care
0.25KANGMEI PHARMACEUTICAL CO-A60051823009.2$3,117.31Health Care
0.26HUAYU AUTOMOTIVE SYSTEMS -A600741110019.45$3,151.93Consumer Discretionary
0.26MEINIAN ONEHEALTH HEALTHCA-A2044132016.27$3,163.92Health Care
0.26SHENZHEN OVERSEAS CHINESE-A6934006.33$3,170.64Consumer Discretionary
0.26ZHEJIANG ZHENENG ELECTRIC-A60002347004.58$3,171.23Utilities
0.26GD POWER DEVELOPMENT CO -A60079585002.54$3,180.66Utilities
0.26HANS LASER TECHNOLOGY IN-A200860036.44$3,221.03Industrials
0.26SHANDONG GOLD MINING CO LT-A60054770031.59$3,257.71Materials
0.27IFLYTEK CO LTD - A223075030.16$3,332.40Information Technology
0.28BEIJING TONGRENTANG CO-A60008580028.76$3,389.56Health Care
0.28SANAN OPTOELECTRONICS CO L-A600703192012.01$3,397.10Information Technology
0.28ZHEJIANG DAHUA TECHNOLOGY-A2236160014.61$3,443.77Information Technology
0.29YONYOU SOFTWARE CO LTD-A60058891026.32$3,528.51Information Technology
0.29ZIJIN MINING GROUP CO LTD-A60189975003.25$3,590.95Materials
0.3ORIENT SECURITIES CO LTD-A60095827009.16$3,643.54Financials
0.3SHANGHAI FOSUN PHARMACEUTI-A600196100025.22$3,715.43Health Care
0.31SHANGHAI INTERNATIONAL AIR-A60000950052$3,830.35Industrials
0.31GEMDALE CORP-A600383240010.86$3,839.77Real Estate
0.31AISINO CO LTD-A600271100026.07$3,840.66Information Technology
0.32FUYAO GROUP GLASS INDUSTR-A600660110024.3$3,937.89Consumer Discretionary
0.33CHINA SOUTHERN AIRLINES CO-A60002938007.2$4,030.70Industrials
0.33INNER MONGOLIAN BAOTOU STE-A600010180601.54$4,097.35Materials
0.34FOUNDER SECURITIES CO LTD-A60190144006.39$4,142.08Financials
0.34FOCUS MEDIA INFO TECH-A202744406.34$4,147.03Information Technology
0.34LUZHOU LAOJIAO CO LTD-A56860047.7$4,216.33Consumer Staples
0.34WEICHAI POWER CO LTD-A33832008.95$4,219.27Industrials
0.35CHINA LIFE INSURANCE CO-A601628130022.46$4,301.48Financials
0.35ZHANGZHOU PIENTZEHUANG PHA-A60043630098.23$4,341.40Health Care
0.36FUTURE LAND HOLDINGS CO -A601155100029.78$4,387.22Real Estate
0.36NEW CHINA LIFE INSURANCE C-A60133670042.9$4,424.05Financials
0.36HENAN SHUANGHUI INVESTMENT-A895120025.16$4,447.91Consumer Staples
0.36SDIC POWER HOLDINGS CO LTD-A60088636008.41$4,460.29Utilities
0.38BANK OF NANJING CO LTD -A60100945366.97$4,657.69Financials
0.38CHINA FORTUNE LAND DEVELOP-A600340110028.83$4,671.99Real Estate
0.39BANK OF JIANGSU CO LTD-A60091952006.28$4,810.91Financials
0.4LONGI GREEN ENERGY TECHNOL-A601012140023.6$4,867.48Information Technology
0.41CHINA NATIONAL NUCLEAR POW-A60198562005.54$5,060.18Utilities
0.42CHINA CONSTRUCTION BANK-A60193951006.84$5,139.14Financials
0.42LUXSHARE PRECISION INDUSTR-A2475204717.1$5,156.78Industrials
0.43BYD CO LTD -A259470051.67$5,328.45Consumer Discretionary
0.45YONGHUI SUPERSTORES CO LTD-A60193344008.56$5,548.70Consumer Staples
0.46PETROCHINA CO LTD-A60185751007.45$5,597.46Energy
0.46GF SECURITIES CO LTD-A776280013.76$5,675.98Financials
0.46HUAXIA BANK CO LTD-A60001550407.66$5,687.53Financials
0.46SANY HEAVY INDUSTRY CO LTD-A60003141009.46$5,713.99Industrials
0.47ZTE CORP-A63170023$5,760.25Information Technology
0.49SHENWAN HONGYUAN GROUP CO-A16689104.63$6,077.48Financials
0.51HAITONG SECURITIES CO LTD-A600837390010.82$6,216.65Financials
0.51CHINA MERCHANTS SECURITIES-A600999280015.14$6,245.23Financials
0.52CHINA SHENHUA ENERGY CO-A601088220019.65$6,368.69Energy
0.53SUNING COMMERCE GROUP CO -A2024390011.24$6,457.96Consumer Discretionary
0.54NARI TECHNOLOGY CO LTD-A600406230019.77$6,698.83Industrials
0.55MUYUAN FOODSTUFF CO LTD-A2714108042.32$6,733.39Consumer Staples
0.55QINGDAO HAIER CO LTD-A600690290015.78$6,741.70Consumer Discretionary
0.58BANK OF NINGBO CO LTD -A2142273017.61$7,082.50Financials
0.59HUATAI SECURITIES CO LTD-A601688260018.9$7,239.35Financials
0.61GREE ELECTRIC APPLIANCES I-A651120042.75$7,557.57Consumer Discretionary
0.62BANK OF BEIJING CO LTD -A60116986405.96$7,586.20Financials
0.65CHINA RAILWAY CONSTRUCTION-A601186520010.37$7,944.14Industrials
0.65BANK OF SHANGHAI CO LTD-A601229478011.4$8,027.81Financials
0.69BOE TECHNOLOGY GROUP CO LT-A725161003.58$8,491.29Information Technology
0.71GUOTAI JUNAN SECURITIES CO-A601211340017.35$8,690.46Financials
0.71CHINA INTERNATIONAL TRAVEL-A601888100059.61$8,781.80Consumer Discretionary
0.72DAQIN RAILWAY CO LTD -A60100671008.46$8,848.98Industrials
0.73CHINA MERCHANTS SHEKOU INDUS1979316219.21$8,948.57Real Estate
0.74BAOSHAN IRON & STEEL CO-A60001988247.02$9,125.72Materials
0.85ANHUI CONCH CEMENT CO LTD-A600585210033.66$10,413.53Materials
0.86POLY REAL ESTATE GROUP CO -A600048570012.67$10,639.37Real Estate
0.89JIANGSU YANGHE BREWERY -A2304700105.81$10,911.62Consumer Staples
0.9FOSHAN HAITIAN FLAVOURING -A603288100074.92$11,037.29Consumer Staples
0.9CHINA PETROLEUM & CHEMICAL-A600028131005.75$11,096.95Energy
0.9CHINA EVERBRIGHT BANK CO-A601818189003.99$11,109.62Financials
0.91INNER MONGOLIA YILI INDUS-A600887300025.42$11,234.70Consumer Staples
0.92CHINA PACIFIC INSURANCE GR-A601601250030.7$11,306.88Financials
0.93CHINA UNITED NETWORK COMMUNICATIONS LTD600050135005.73$11,396.01Communication Services
0.93BANK OF CHINA LTD-A601988212003.65$11,399.70Financials
1.05CITIC SECURITIES CO-A600030470018.64$12,906.50Financials
1.07PING AN BANK CO LTD-A1816010.95$13,163.42Financials
1.1SAIC MOTOR CORPORATION LTD-A600104350026.23$13,524.80Consumer Discretionary
1.14CHINA MINSHENG BANKING-A600016159605.95$13,989.89Financials
1.15CHINA YANGTZE POWER CO LTD-A600900590016.3$14,167.86Utilities
1.16CSR CORP LTD -A601766109008.86$14,227.38Industrials
1.22CHINA STATE CONSTRUCTION -A601668169406.03$15,048.57Industrials
1.29JIANGSU HENGRUI MEDICINE C-A600276166964.29$15,807.54Health Care
1.35WULIANGYE YIBIN CO LTD-A858170066.4$16,629.59Consumer Staples
1.36BANK OF COMMUNICATIONS CO-A601328187006.08$16,749.80Financials
1.4CHINA VANKE CO LTD -A2440026.55$17,210.04Real Estate
1.42AGRICULTURAL BANK OF CHINA-A601288324003.65$17,422.18Financials
1.53IND & COMM BK OF CHINA-A601398232005.51$18,832.33Financials
1.57MIDEA GROUP CO LTD-A333290045.27$19,340.74Consumer Discretionary
1.59HANGZHOU HIKVISION DIGITAL-A2415415031.93$19,521.43Information Technology
1.61SHANGHAI PUDONG DEVEL BANK-A6000001258410.66$19,762.44Financials
2.05INDUSTRIAL BANK CO LTD -A6011661060016.11$25,157.41Financials
3.67CHINA MERCHANTS BANK-A6000361050029.15$45,091.27Financials
4.17PING AN INSURANCE GROUP CO-A601318550063.25$51,249.28Financials
5.21KWEICHOW MOUTAI CO LTD-A600519600724.78$64,065.17Consumer Staples

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

Currency Forward Positions

Trading Currency Contract Value Market Value Gain/Loss
Short CNH vs USD $1,251,328.92 $1,236,344.36 $14,984.56

Last Updated: February 15, 2019

Distribution

Ex-Date Payable Date Record Date Distribution (USD)
December 14, 2018 December 28, 2018 December 17, 2018 0.60048 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.

Diversification does not eliminate the risk of experiencing investment losses.