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CNHX CSOP MSCI China A International Hedged ETF

CNHX
NAV $28.19
Chg $0.02
Chg% 0.07%
Price $28.12
Chg $0.73
Chg% 2.66%
Updated: Jun. 21, 2019

Performance

Monthly 1m 3m 6m 1y Since Inception
Market Price -5.87% 0.10% 13.80% -2.22% -7.21%
Benchmark -6.11% -0.19% 15.74% -3.54% -13.99%

As of: May. 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
  • 1,409,554
  • Shares Outstanding
  • 50,002
  • NAV
  • $28.19
  • Closing Price
  • $28.12

Top 10

  • Total Nav (USD): 1,318,345.94
  • Securities: 226
  • Securities(%): 93.53%
  • 33.2% Financials
  • 14.21% Consumer Staples
  • 10.09% Industrials
  • 7.2% Information Technology
  • 6.91% Consumer Discretionary
  • 5.23% Materials
  • 4.84% Real Estate
  • 4.65% Health Care
  • 3.26% Utilities
  • 2.29% Energy

Last Updated: June 21, 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-A60017013.84$0.56Industrials
0.06DR PENG TELCOM & MEDIA GR-A6008047007.87$801.80Communication Services
0.06QINGHAI SALT LAKE INDUSTRY-A7929006.3$825.24Materials
0.06KANGMEI PHARMACEUTICAL CO-A60051823002.71$907.18Health Care
0.08SOUND ENVIRONMENTAL RESOUR-A82656012.99$1,058.75Industrials
0.09JIHUA GROUP CORP LTD-A60171821003.94$1,204.24Industrials
0.09WUHU SHUNRONG SANQI INTERA-A255560013.93$1,216.46Communication Services
0.09CITIC GUOAN INFORMATION-A83920004.32$1,257.50Communication Services
0.09WANXIANG QIANCHAO CO LTD-A55914406.01$1,259.60Consumer Discretionary
0.09SHENZHEN ZHONGJIN LINGNAN-A6018004.82$1,262.74Materials
0.1BEIJING SL PHARMACEUTICAL -A203840023.1$1,344.83Health Care
0.1BEIJING CAPITAL CO LTD-A60000826003.62$1,369.87Utilities
0.1DONGXU OPTOELECTRONIC TECH-A41318005.3$1,388.49Information Technology
0.1GUANGSHEN RAILWAY CO LTD-A60133330003.32$1,449.62Industrials
0.1SHANXI SECURITIES CO LTD-A250012008.35$1,458.36Financials
0.1SHENZHEN O-FILM TECH CO-A245612508.08$1,470.00Information Technology
0.11BEIJING DABEINONG TECHNOLO-A238518005.65$1,480.19Consumer Staples
0.11DHC SOFTWARE CO LTD -A206514007.27$1,481.35Information Technology
0.11MAANSHAN IRON & STEEL-A60080830003.43$1,497.65Materials
0.11CHINESE UNIVERSE PUBLISHIN-A60037380012.9$1,502.02Communication Services
0.11XINHU ZHONGBAO CO LTD-A60020832003.23$1,504.35Real Estate
0.11JIANGXI GANFENG LITHIUM CO-A246045023.91$1,565.99Materials
0.11DONGXING SECURITIES CO LT-A60119890012.13$1,588.91Financials
0.11SHANGHAI TUNNEL ENGINEERIN-A60082017006.44$1,593.42Industrials
0.11SHANXI XISHAN COAL & ELEC-A98317006.46$1,598.37Energy
0.11CHINA SHIPPING CONTAINER-A60186640002.77$1,612.63Industrials
0.11GIANT NETWORK GROUP CO LTD-A255860018.46$1,612.05Communication Services
0.12GUANGZHOU HAIGE COMMUNICAT-A246512009.28$1,620.78Information Technology
0.12SHENZHEN SALUBRIS PHARM-A229450022.42$1,631.55Health Care
0.12LIAONING CHENG DA CO LTD-A60073980014.47$1,684.82Consumer Discretionary
0.12TONGLING NONFERROUS METALS-A63047002.5$1,710.15Materials
0.12TSINGHUA UNISPLENDOUR CO-A93842028.21$1,724.44Information Technology
0.12CHINA HAINAN RUBBER INDUST-A60111822005.39$1,725.87Materials
0.12ZHEJIANG HUAYOU COBALT CO -A60379954621.74$1,727.62Materials
0.12CHINA GRAND AUTOMOTIVE SER-A60029727004.4$1,729.07Consumer Discretionary
0.12SHANGHAI JAHWA UNITED CO -A60031540029.87$1,738.97Consumer Staples
0.12FINANCIAL STREET HOLDINGS-A40216007.55$1,758.18Real Estate
0.13CHINA SOUTH PUBLISHING -A601098100012.31$1,791.65Communication Services
0.13ZHEJIANG CHINA COMMODITIES-A60041529004.25$1,793.84Real Estate
0.13YOUNGOR GROUP CO-A60017719606.38$1,820.01Real Estate
0.13GUANGHUI ENERGY CO LTD-A60025635103.61$1,844.21Energy
0.13JOINTOWN PHARMACEUTICAL-A600998100012.69$1,846.96Health Care
0.13SHENZHEN ENERGY GROUP CO L-A2721006.18$1,888.88Utilities
0.13HUBEI ENERGY GROUP CO LTD-A88329004.48$1,890.91Utilities
0.13TIANQI LITHIUM INDUSTR IND-A246650025.98$1,890.62Materials
0.13OFFSHORE OIL ENGINEERING-A60058323005.66$1,894.70Energy
0.14ANXIN TRUST CO LTD-A60081623765.53$1,912.35Financials
0.14CHINA MOLYBDENUM CO LTD-A60399332004.11$1,914.20Materials
0.14GOERTEK INC -A224116008.29$1,930.50Information Technology
0.14CHONGQING CHANGAN AUTOMOB-A62520006.66$1,938.65Consumer Discretionary
0.14SHANXI LUAN ENVIRONMENTAL-A60169916008.41$1,958.45Energy
0.14CHINA COMMUNICATIONS CONST-A601800120011.36$1,984.06Industrials
0.14CHINA SPACESAT CO LTD -A60011860022.98$2,006.77Industrials
0.14TBEA CO LTD-A60008919007.33$2,027.00Industrials
0.14SOOCHOW SECURITIES CO LTD-A601555130010.73$2,030.20Financials
0.14ANGANG STEEL CO LTD-A89827005.17$2,031.66Materials
0.14FANGDA CARBON NEW MATERIAL-A60051680017.52$2,039.95Industrials
0.15HUBEI BIOCAUSE PHARMACEUTI-A62721006.69$2,044.75Financials
0.15CHINA SHIPBUILDING INDUSTR-A60048260023.57$2,058.29Consumer Discretionary
0.15TASLY PHARMACEUTICAL GROUP-A60053584016.85$2,060.04Health Care
0.15CHINA RESOURCES SANJIU MED-A99950028.53$2,076.19Health Care
0.15FIBERHOME TELECOM TECH CO-A60049850028.62$2,082.74Information Technology
0.15BBMG CORPORATION-A60199238003.77$2,085.07Materials
0.15ZHEJIANG CHINT ELECTRICS-A60187760023.89$2,086.24Industrials
0.15TONGHUA DONGBAO PHARMACEUT-A600867103713.99$2,111.51Health Care
0.15BEIJING NEW BUILDING MATER-A78680018.21$2,120.29Industrials
0.15CHINA JUSHI CO LTD -A60017615609.57$2,172.86Materials
0.16BANK OF GUIYANG CO LTD-A60199716809.01$2,203.08Financials
0.16AIR CHINA LTD-A60111116009.5$2,212.28Industrials
0.16CHINA GEZHOUBA GROUP CO LT-A60006824006.35$2,218.10Industrials
0.16SHENERGY COMPANY LIMITED-A60064225006.13$2,230.47Utilities
0.16SUZHOU GOLD MANTIS CONSTR -A2081150010.25$2,237.75Industrials
0.16FUJIAN NEWLAND COMPUTER CO-A99790017.13$2,243.86Information Technology
0.16GUOYUAN SECURITIES CO LTD-A72816509.45$2,269.40Financials
0.16SINOLINK SECURITIES CO LTD-A60010916009.77$2,275.15Financials
0.16ZHENGZHOU YUTONG BUS CO -A600066120013.05$2,279.23Industrials
0.16SHANDONG DONG-E E-JIAO-A42340039.29$2,287.38Health Care
0.16CHINA CITIC BANK CORP LTD-A60199826006.09$2,304.55Financials
0.16AVIC AVIATION ENGINE CORP-A60089370022.64$2,306.59Industrials
0.17SINOPEC SHANGHAI PETROCHE-A60068832005.16$2,403.23Materials
0.17HUANENG POWER INTL INC-A60001125006.66$2,423.32Utilities
0.17JINKE PROPERTIES GROUP CO -A65627006.17$2,424.63Real Estate
0.17WESTERN SECURITIES CO LTD-A2673160010.41$2,424.19Financials
0.17INSPUR ELECTRONIC INFORMAT-A97765025.81$2,441.73Information Technology
0.17CHINA AVIATION OPTICAL -A217950733.1$2,442.48Information Technology
0.17CHINA NATIONAL CHEMICAL-A60111727006.26$2,459.99Industrials
0.17HENGTONG OPTIC-ELECTRIC CO-A600487100016.94$2,465.52Information Technology
0.18XINJIANG GOLDWIND SCI&TECH-A2202143011.87$2,470.49Industrials
0.18HUADIAN POWER INTL CORP-A60002744003.87$2,478.33Utilities
0.18DAWNING INFORMATION INDUST-A60301942040.55$2,478.77Information Technology
0.18JIANGXI COPPER CO LTD-A600362110015.54$2,487.94Materials
0.18HEBEI IRON & STEEL CO LTD-A70957003.03$2,513.70Materials
0.18MEINIAN ONEHEALTH HEALTHCA-A2044132013.08$2,512.91Health Care
0.18XCMG CONSTRUCTION MACHIN-A42538004.58$2,533.06Industrials
0.18ZHONGJIN GOLD CORP-A60048918889.35$2,569.27Materials
0.18RISESUN REAL ESTATE DEVEL-A214618009.84$2,577.88Real Estate
0.18HUADONG MEDICINE CO LTD-A96372024.62$2,579.98Health Care
0.18NINGBO PORT CO LTD-A60101841004.34$2,589.82Industrials
0.19RONGSHENG PETRO CHEMICAL-A2493150012.13$2,648.18Materials
0.19SHANGHAI PHARMACEUTICALS-A601607100018.26$2,657.64Health Care
0.19SHANGHAI ZHANGJIANG HIGH-A60089590020.4$2,672.20Real Estate
0.19SPRING AIRLINES CO LTD-A60102140045.91$2,672.78Industrials
0.19EVERBRIGHT SECURITIE CO -A601788160011.55$2,689.66Financials
0.2SDIC ESSENCE HOLDINGS CO L-A600061130014.64$2,770.00Financials
0.2TSINGTAO BREWERY CO LTD-A60060040047.7$2,776.99Consumer Staples
0.2CHINA COSCO HOLDINGS-A60191938005.04$2,787.47Industrials
0.2AVIC CAPITAL CO LTD -A60070534005.66$2,800.86Financials
0.2TCL CORP-A10059003.29$2,825.16Consumer Discretionary
0.2BESTV NEW MEDIA CO LTD-A600637182010.76$2,850.23Communication Services
0.21CHANGJIANG SECURITIES CO L-A78326007.7$2,913.80Financials
0.21SICHUAN KELUN PHARMACEUTIC-A242270028.61$2,914.82Health Care
0.21ZOOMLION HEAVY INDUSTRY S-A15734005.94$2,939.42Industrials
0.21ZHEJIANG NHU CO LTD-A2001102019.92$2,957.23Health Care
0.21METALLURGICAL CORP OF CHIN-A60161867003.08$3,003.46Industrials
0.21SHAANXI COAL INDUSTRY CO L-A60122523009.01$3,016.12Energy
0.21HUALAN BIOLOGICAL ENGINEER-A200772028.8$3,018.01Health Care
0.22ZHEJIANG ZHENENG ELECTRIC-A60002347004.44$3,037.22Utilities
0.22SICHUAN CHUANTOU ENERGY CO-A60067423009.12$3,052.94Utilities
0.22BEIJING SHIJI INFORMATION -A215360035.17$3,071.28Information Technology
0.22VENUSTECH GROUP INC-A243980026.48$3,083.22Information Technology
0.22POWER CONSTRUCTION CORP OF-A60166940005.32$3,097.19Industrials
0.23GD POWER DEVELOPMENT CO -A60079585002.59$3,204.16Utilities
0.23AVIC AIRCRAFT CO LTD-A768140015.74$3,207.22Industrials
0.23China Northern Rare Earth -A600111170012.98$3,211.59Materials
0.23SANAN OPTOELECTRONICS CO L-A600703192011.51$3,216.42Information Technology
0.23SHANGHAI ELECTRIC GRP CO L-A60172740005.57$3,242.73Industrials
0.23ZHEJIANG DAHUA TECHNOLOGY-A2236160014.16$3,297.46Information Technology
0.24SHANGHAI INTERNATIONAL POR-A60001833007$3,362.08Industrials
0.24BEIJING TONGRENTANG CO-A60008580028.94$3,369.65Health Care
0.24CHINA EASTERN AIRLINES CO-A60011537006.29$3,387.26Industrials
0.24AISINO CO LTD-A600271100023.34$3,397.01Information Technology
0.25INDUSTRIAL SECURITIES CO-A60137735606.73$3,487.07Financials
0.25GUANGZHOU BAIYUNSHAN PHAR-A60033260040.02$3,494.81Health Care
0.25FUYAO GROUP GLASS INDUSTR-A600660110022.03$3,526.98Consumer Discretionary
0.25HUAYU AUTOMOTIVE SYSTEMS -A600741110022.1$3,538.19Consumer Discretionary
0.25IFLYTEK CO LTD - A223075032.47$3,544.37Information Technology
0.25SHENZHEN OVERSEAS CHINESE-A6934007.17$3,548.08Consumer Discretionary
0.26SHANXI XINGHUACUN FEN WINE-A60080940062.02$3,610.67Consumer Staples
0.26SHANGHAI FOSUN PHARMACEUTI-A600196100025.22$3,670.63Health Care
0.26FOCUS MEDIA INFO TECH-A202744405.69$3,676.98Information Technology
0.27TONGWEI CO LTD-A600438180014.56$3,814.43Consumer Staples
0.28HUNDSUN TECHNOLOGIES INC-A60057039070$3,973.37Information Technology
0.28SHANDONG GOLD MINING CO LT-A60054770039.3$4,003.93Materials
0.29ZIJIN MINING GROUP CO LTD-A60189975003.73$4,071.61Materials
0.29ZHEJIANG LONGSHENG GROUP C-A600352180015.63$4,094.75Materials
0.3CHINA SOUTHERN AIRLINES CO-A60002938007.58$4,192.26Industrials
0.3ORIENT SECURITIES CO LTD-A600958270010.81$4,248.01Financials
0.3SDIC POWER HOLDINGS CO LTD-A60088636008.11$4,249.32Utilities
0.3GEMDALE CORP-A600383240012.22$4,268.53Real Estate
0.3GUOSEN SECURITIES CO LTD-A2736220013.38$4,284.25Financials
0.31HENAN SHUANGHUI INVESTMENT-A895120024.82$4,334.90Consumer Staples
0.32INNER MONGOLIAN BAOTOU STE-A600010180601.74$4,573.65Materials
0.33YONYOU SOFTWARE CO LTD-A600588118327.03$4,654.00Information Technology
0.33FOUNDER SECURITIES CO LTD-A60190144007.28$4,662.08Financials
0.35CHINA FORTUNE LAND DEVELOP-A600340110030.81$4,932.65Real Estate
0.35ZHANGZHOU PIENTZEHUANG PHA-A600436300113$4,933.96Health Care
0.36CHINA NATIONAL NUCLEAR POW-A60198562005.59$5,044.28Utilities
0.37BYD CO LTD -A259470050.55$5,150.09Consumer Discretionary
0.37PETROCHINA CO LTD-A60185751007.03$5,218.21Energy
0.38CHINA LIFE INSURANCE CO-A601628130028.26$5,347.01Financials
0.38NEW HOPE LIUHE CO LTD-A876210017.7$5,409.89Consumer Staples
0.39CHINA CONSTRUCTION BANK-A60193951007.41$5,500.27Financials
0.39BANK OF JIANGSU CO LTD-A60091952007.35$5,562.71Financials
0.4NEW CHINA LIFE INSURANCE C-A60133670054.7$5,572.90Financials
0.4GF SECURITIES CO LTD-A776280013.73$5,595.31Financials
0.4BANK OF NANJING CO LTD -A60100945368.58$5,664.43Financials
0.4SHANGHAI INTERNATIONAL AIR-A60000950078.24$5,693.70Industrials
0.4HUAXIA BANK CO LTD-A60001550407.78$5,706.98Financials
0.41SEAZEN HOLDINGS CO LTD-A601155100039.38$5,731.54Real Estate
0.42WEICHAI POWER CO LTD-A338320012.6$5,868.35Industrials
0.43LONGI GREEN ENERGY TECHNOL-A601012182023.14$6,129.58Information Technology
0.45NARI TECHNOLOGY CO LTD-A600406230018.78$6,286.65Industrials
0.45SUNING COMMERCE GROUP CO -A2024390011.25$6,385.77Consumer Discretionary
0.46CHINA SHENHUA ENERGY CO-A601088220020.03$6,413.56Energy
0.47LUZHOU LAOJIAO CO LTD-A56860075.8$6,619.36Consumer Staples
0.47SHENWAN HONGYUAN GROUP CO-A16689105.14$6,665.56Financials
0.48YONGHUI SUPERSTORES CO LTD-A601933440010.61$6,794.60Consumer Staples
0.49CHINA MERCHANTS SECURITIES-A600999280017.01$6,931.99Financials
0.5LUXSHARE PRECISION INDUSTR-A2475204723.78$7,084.77Information Technology
0.51QINGDAO HAIER CO LTD-A600690290016.98$7,166.90Consumer Discretionary
0.53BANK OF BEIJING CO LTD -A60116986405.96$7,494.73Financials
0.54CHINA RAILWAY CONSTRUCTION-A601186520010.06$7,613.72Industrials
0.56SANY HEAVY INDUSTRY CO LTD-A600031410013.13$7,835.10Industrials
0.56ZTE CORP-A63170031.93$7,900.30Information Technology
0.57HAITONG SECURITIES CO LTD-A600837390014.22$8,071.61Financials
0.58BOE TECHNOLOGY GROUP CO LT-A725161003.5$8,201.43Information Technology
0.59BANK OF SHANGHAI CO LTD-A601229478011.89$8,271.91Financials
0.6BAOSHAN IRON & STEEL CO-A60001988246.54$8,399.22Materials
0.62GUOTAI JUNAN SECURITIES CO-A601211340017.73$8,773.71Financials
0.63HUATAI SECURITIES CO LTD-A601688260023.3$8,817.09Financials
0.64DAQIN RAILWAY CO LTD -A60100671008.76$9,052.29Industrials
0.66MUYUAN FOODSTUFF CO LTD-A2714108058.75$9,234.80Consumer Staples
0.66GREE ELECTRIC APPLIANCES I-A651120053.31$9,310.77Consumer Discretionary
0.67BANK OF NINGBO CO LTD -A2142273023.79$9,452.64Financials
0.69CHINA MERCHANTS SHEKOU INDUS1979316221.28$9,793.31Real Estate
0.73CHINA PETROLEUM & CHEMICAL-A600028131005.41$10,314.89Energy
0.77POLY REAL ESTATE GROUP CO -A600048570013.01$10,793.14Real Estate
0.79CHINA EVERBRIGHT BANK CO-A601818189004.03$11,085.69Financials
0.83BANK OF CHINA LTD-A601988212003.77$11,632.50Financials
0.87JIANGSU YANGHE BREWERY -A2304700120.11$12,236.95Consumer Staples
0.87ANHUI CONCH CEMENT CO LTD-A600585210040.16$12,274.64Materials
0.87CHINA UNITED NETWORK COMMUNICATIONS LTD600050135006.27$12,319.62Communication Services
0.88CHINA INTERNATIONAL TRAVEL-A601888100085.04$12,377.11Consumer Discretionary
0.91SAIC MOTOR CORPORATION LTD-A600104350025.26$12,867.59Consumer Discretionary
0.92CSR CORP LTD -A601766109008.18$12,977.04Industrials
0.96CHINA PACIFIC INSURANCE GR-A601601250037.06$13,484.70Financials
1INNER MONGOLIA YILI INDUS-A600887300032.32$14,112.00Consumer Staples
1.03CHINA STATE CONSTRUCTION -A601668169405.86$14,447.97Industrials
1.05CHINA MINSHENG BANKING-A600016159606.39$14,843.27Financials
1.05FOSHAN HAITIAN FLAVOURING -A6032881000102.14$14,865.92Consumer Staples
1.07CHINA YANGTZE POWER CO LTD-A600900590017.63$15,139.10Utilities
1.15CITIC SECURITIES CO-A600030470023.67$16,191.68Financials
1.15PING AN BANK CO LTD-A1816013.64$16,199.45Financials
1.17HANGZHOU HIKVISION DIGITAL-A2415415027.4$16,549.87Information Technology
1.21BANK OF COMMUNICATIONS CO-A601328187006.26$17,037.73Financials
1.22AGRICULTURAL BANK OF CHINA-A601288324003.64$17,164.94Financials
1.29CHINA VANKE CO LTD -A2440028.31$18,129.61Real Estate
1.36JIANGSU HENGRUI MEDICINE C-A600276200365.9$19,211.54Health Care
1.4IND & COMM BK OF CHINA-A601398232005.85$19,753.30Financials
1.56MIDEA GROUP CO LTD-A333290052.11$21,994.54Consumer Discretionary
1.57SHANGHAI PUDONG DEVEL BANK-A6000001258412.09$22,143.22Financials
1.98WULIANGYE YIBIN CO LTD-A8581700112.98$27,954.15Consumer Staples
2.03INDUSTRIAL BANK CO LTD -A6011661060018.55$28,618.42Financials
4.09CHINA MERCHANTS BANK-A6000361050037.69$57,598.52Financials
5PING AN INSURANCE GROUP CO-A601318550087.97$70,419.53Financials
6.05KWEICHOW MOUTAI CO LTD-A600519600976.3$85,257.07Consumer 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 $1,408,469.25 $1,421,139.01 $-12,669.76

Last Updated: June 21, 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.