ICBC CSOP S&P New China Sectors ETF
(HKD Counter Stock Code: 3167, RMB Counter Stock Code: 83167, USD Counter Stock Code: 9167)

IMPORTANT INFORMATION about the ICBC CSOP S&P New China Sectors ETF

IMPORTANT: Investment involves risks. Investment value may rise or fall. Past performance information presented is not indicative of future performance. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and risk factors. Investors should not base on this material alone to make investment decisions.

ICBC CSOP S&P New China Sectors ETF (the “Sub-Fund”) is a physical index tracking exchange traded fund and it aims to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the underlying index, namely, S&P New China Sectors (A-shares Capped) Index (the “Index”).
The Sub-Fund’s investments are concentrated in mainland China- and Hong Kong-domiciled companies in selected consumption and service-oriented industries. The value of the Sub-Fund may be more volatile than that of a fund having a more diverse portfolio of investments.
China is considered as an emerging market and investing in China market may involve increased risks such as liquidity risks, currency risks/control, political and economic uncertainties, legal/regulatory and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility.
The trading price of the Units on the SEHK is driven by market factors such as the demand and supply of the Units. Therefore, the Units may trade at a substantial premium or discount to the Sub-Fund’s NAV.
The Manager may, at its discretion, pay dividends out of capital. Payment of dividends out of capital or effectively out of the capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction of the NAV per Unit of the Sub-fund.

Please note that the above listed investment risks are not exhaustive and investors should read the ETF Prospectus in detail before making any investment decision.

Fund Objective and Investment Strategy

Objective

The investment objective of the Sub-Fund is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the S&P New China Sectors (A-shares Capped) Index (the “Underlying Index”).

Strategy

In seeking to achieve the investment objective, the Manager will primarily use a full replication strategy by investing all or substantially all of the Sub-Fund’s assets in the constituents of the Underlying Index (the “Index Securities”) in substantially the same weightings as the Index Securities have in the Underlying Index.

Intra-day Estimated NAV 1 & Market Price 2

Market Information 3, 4

  Date Last Change Change (%)
Official NAV per Unit in HKD - - - -
NAV per Unit in RMB (for reference only) 5 - - - -
NAV per Unit in USD (for reference only) 5 - - - -
Closing Price for Trading unit in HKD - - - -
Closing Price for Trading unit in RMB - - - -
Closing Price for Trading unit in USD - - - -

Fund Information

SEHK Listing Date 8 December 2016
Financial Year 31 December
Asset Class Equity
Domicile Hong Kong
Total NAV (HKD) -
Outstanding Units -
Management Fee 0.99% per annum
Ongoing Charges Over A Year # 1.14%
Base Currency HKD
Number of Holdings -

# The ongoing charges figure is based on expenses for the year ended 31 December 2018. This figure may vary from year to year. It represents the ongoing expenses chargeable to the Sub-Fund expressed as a percentage of the Sub-Fund’s average NAV.

Underlying Index Information

Underlying Index S&P New China Sectors (A-shares Capped) Index
Index Provider S&P Dow Jones Indices LLC
Currency HKD
Benchmark Level Type Net Total Return Index
Bloomberg Total Return Index SPNCSCHN

Trading Information

  HKD Traded Unit RMB Traded Unit USD Traded Unit
Exchange Hong Kong Stock Exchange – Main Board Hong Kong Stock Exchange – Main Board Hong Kong Stock Exchange – Main Board
Date of Listing / Dealing 8 December 2016 8 December 2016 8 December 2016
Primary Exchange Time Zone GMT+8 GMT+8 GMT+8
Exchange Ticker 3167 83167 9167
Bloomberg Ticker 3167 HK 83167 HK 9167 HK
ISIN HK0000316767 HK0000406931 HK0000406949
Trading Board Lot 50 Units 50 Units 50 Units
Trading Currency HKD RMB USD

Participating Dealers 6

Merrill Lynch Far East LimitedHaitong International Securities Company Limited
Goldman Sachs (Asia) Securities LimitedCLSA Limited
BNP Paribas Securities ServicesGuotai Junan Securities (Hong Kong) Limited
ABN AMRO Clearing Hong Kong LimitedChina Merchants Securities (HK) Co., Limited
Masterlink Securities (Hong Kong) Corporation Limited 

Market Makers 7

HKD RMB USD
BNP Paribas Securities (Asia) Ltd.BNP Paribas Securities (Asia) Ltd.BNP Paribas Securities (Asia) Ltd.
SG Securities (HK) LimitedFlow Traders Hong Kong LimitedFlow Traders Hong Kong Limited
Flow Traders Hong Kong Limited  
Optiver Trading Hong Kong Ltd. 
  • IOPV calculations and delayed market data as shown on CSOP website (the “data”) provided by ICE Data Indices , see ICE Terms of Use , and is updated during HK Exchange trading hours. Powered by Factset . IOPV is indicative and for reference purposes only. The Fund is not sponsored, endorsed, sold or marketed by ICE Data Indices, LLC, its affiliates (“ICE Data”) and ICE Data or its respective third party suppliers make no express or implied warranties, and hereby expressly disclaim all warranties of merchantability or fitness for a particular purpose with respect to the iNAV, IOPV, fund or any fund data included therein. In no event shall ICE Data have any liability for any special, punitive, direct, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages. You acknowledge that the data is provided for information only and should not be relied upon for any purpose. HKEX Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.
  • Market prices are provided on a 20-minute delayed basis by ICE.
  • Performance is calculated on NAV to NAV basis in HKD and assumes dividend will be reinvested. Change of the official NAV per Unit in HKD indicates the change of the NAV per Unit since previous Dealing Day where the SEHK is open for normal trading. Refer to the Prospectus for more information on determination of Net Asset Value. Source of NAV per Unit in HKD: HSBC Institutional Trust Services (Asia) Limited.
  • Change of the closing price indicates change of closing price since previous SEHK trading day. (Source: Bloomberg)
  • The last closing NAV per Unit in RMB/ USD is indicative and for reference purpose only and is calculated using the last closing NAV per Unit in HKD multiplied by an assumed foreign exchange rate to HKD quoted by Thomson Reuters at 3:00 p.m. (Hong Kong time) as of the same Dealing Day.
  • Additional Participating Dealer(s) will be appointed from time to time.
  • Additional Market Maker(s) will be appointed from time to time.

Performance

  1 Month 3 Month 6 Month Year to date Since Inception#
ICBC CSOP S&P New China Sectors ETF*
S&P New China Sectors (A-shares Capped) Index**

# Cumulative performance is calculated since the inception date on 8 Dec 2016.

* Fund performance is calculated on NAV to NAV basis with dividend reinvested.

** Performance of underlying index is calculated based on total return. The underlying index of the Sub-Fund changed to S&P New China Sectors (A-shares Capped) Index effective April 8, 2019. Index performance reflects the performance of the S&P New China Sectors Index from the inception of the Sub-Fund through April 7, 2019, and the S&P New China Sectors (A-shares Capped) Index thereafter.

Tracking Difference/ Error

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 Tracking Error
As of
Fund Listing Date: 8 December, 2016
Rolling 1-Year TD:
TD for calendar year 2017: -2.64%
TD for calendar year 2018: -0.51%
As of
Fund Listing Date: 8 December, 2016
Rolling 1-Year TE^:
^Annualized based on the number of dealing days in the past year when daily TD is calculated

Note: The underlying index of the Sub-Fund changed to S&P New China Sectors (A-shares Capped) Index effective April 8, 2019. Index performance reflects the performance of the S&P New China Sectors Index from the inception of the Sub-Fund through April 7, 2019, and the S&P New China Sectors (A-shares Capped) Index thereafter.

Graph for Tracking Difference

ETF's performance is calculated on an NAV to NAV basis and assumes reinvestment of distributions.

Note: The underlying index of the Sub-Fund changed to S&P New China Sectors (A-shares Capped) Index effective April 8, 2019. Index performance reflects the performance of the S&P New China Sectors Index from the inception of the Sub-Fund through April 7, 2019, and the S&P New China Sectors (A-shares Capped) Index thereafter.

Holdings

Total Net Asset Value (HKD) Number of Securities 1 Securities (%) 2
- - -

Sectors Breakdown

All Holdings

  • Sort by
Total records: 125
Weighting
(%)
Name Exchange
Ticker
Trading
Exchange
Average
Cost
(RMB)3
Market
Price
(RMB)
Shares Held Market
Value
(RMB)
Sector

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

1. The "Number of Holdings" represents the number of underlying securities held by the Fund.
2. May include dividends booked but not yet received.
3. The Average Cost is the average purchasing price of each fund’s constituent stock. This is indicative and for reference purposes only.

Important information about Dividend out of capital / effectively out of capital

The Manager may, at its discretion, pay dividend out of capital. The Manager may also, at its discretion, pay dividend out of gross income while all or part of the fees and expenses of the ETF are charged to/paid out of the capital of the ETF, resulting in an increase in distributable income for the payment of dividends by the ETF and therefore, the ETF may effectively pay dividend out of capital.
Payments of dividends out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from capital gains attributed to that original investment. Any distributions involving payment of dividends out of the ETF’s capital or effectively out of capital may result in an immediate reduction in the Net Asset Value (“NAV”) per Unit.

Distribution History

Ex-Date Record Date Payable Date Dividend Per Share Dividend Paid Out of Net Distributable Income* for the month Dividend Paid Out of Capital
2018-12-14 2018-12-17 2018-12-27 HKD 0.77 per share HKD 0.34 HKD 0.43
2017-12-18 2017-12-19 2017-12-29 HKD 0.98 per share HKD 0.00 HKD 0.98

*“Net distributable income” means the net investment income (i.e. dividend income and interest income net of fees and expenses) attributable to the relevant share class and may also include net realised gains (if any) based on unaudited management accounts. However, “net distributable income” does not include net unrealised gains.

The data in “dividend paid out of net distributable income” and “dividend paid of out of capital” are just for reference only. Please kindly refer to the official dividends information in the total dividend per share (or total distribution) column.

Warning: Please note that a positive distribution yield does not imply a positive return. Investors should not make any investment decision solely based on information contained in the table above. There is no guarantee of distribution. Investors should read the relevant offering document (including the key facts statement) of the fund for further details including the risk factors.

Disclaimer:

This website is owned and managed by CSOP Asset Management Limited (“CSOP”). CSOP reserves the right to change, modify, add or delete, any content and the terms & conditions of use of this website without notice. Users are advised to periodically review the contents of this website to be familiar with any modifications.
The performance figures contained on this website are for informational purposes only. Past performance is not indicative of future performance. Investment involves risks and the ETF's NAV per unit may rise as well as fall. Persons interested in investing in the ETF should read the relevant fund offering documents (including the full text of the risk factors stated therein) in detail before making any investment decision.


Index Provider Disclaimer:

The S&P New China Sectors (A-shares Capped) Index (“Index”) is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by CSOP Asset Management Limited. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); These trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by CSOP Asset Management Limited. The ICBC CSOP S&P New China Sectors ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Index.


This website is prepared by CSOP and has not been reviewed by the Securities and Futures Commission.

工作機會暫時只提供於英語版本, 請前往英語頁面繼續操作

前往工作機會

Privacy Statement

This is the website of CSOP Asset Management Limited ("CSOP"). We understand that our customers and website visitors are concerned about the privacy of information. We have established policies and procedures concerning the collection, use and security of your information that will help protect your privacy. This policy statement provides information on the obligations and policies of CSOP under the Personal Data (Privacy) Ordinance (the "Ordinance").

OUR CORPORATE POLICY

CSOP recognize the importance of personal data to our business and the importance of respecting the privacy rights of our clients. Therefore, we are committed to ensuring compliance with the requirements of the Ordinance. Each employee of CSOP must abide by our commitment to privacy in the handling of personal information. To further enhance confidentiality and security of all personal data, only authorized staff will be allowed to have access to the personal information collected. It is restricted to those persons who have a business need to access personal information in order to perform their job duties.

The purpose of this Statement is to establish the policies and practices of CSOP's commitment to protect the privacy of personal data and to inform you about our responsibilities and your rights under the Ordinance.

Types of Personal Data Held

There are two broad categories of personal data held by us. They are personal data relating to clients and employees of CSOP.

Personal data held by us regarding clients may include the following:-

Personal data relating to employment held by us may include the following:-

Main Purposes of keeping Personal Data

The purposes for which personal data relating to clients may be used are as follows:-

The purposes for which personal data relating to employees may be used are as follows:-

Transfer of Personal Data

Personal data held by CSOP relating to clients will be kept confidential but may be transferred to the following parties (whether within or outside the Hong Kong Special Administrative Region) for any of the purposes stated above:-

Accuracy of Personal Data

CSOP strive at all times to ensure accuracy of all personal data collected and processed by us. In order to assist us to deliver on this pledge, please inform us immediately in the event that your personal information has been changed or you discovered that your personal information held by us is incorrect.

Your Rights

It is not a statutory requirement for you to provide personal data to us. However, we will not be able to provide you with the services and products you may require unless you provide us with the necessary personal data or information.

You have a right (i) to be informed whether we hold any of your personal data; (ii) to be supplied with a copy of your personal data we hold; and (iii) to request correction of your personal data we hold. If you wish to access to and/or to correct any of your personal data held by us, please send your written request to the address set out below. We may, subject to the Ordinance, impose a reasonable fee for complying with a data access request.

If you do not wish your personal data to be used for direct marketing purposes, you may notify us in writing to the following address:-

Head of Legal & Compliance

CSOP Asset Management Limited,
2801-2802 Two Exchange Square
8 Connaught Place, Central
Hong Kong

Upon receipt of such notice, we shall, without charge to you, cease using your personal data for direct marketing purposes.

Disclaimer

CSOP Asset Management Limited ("CSOP") is a regulated institution in Hong Kong by the Securities and Futures Commission (“SFC”). This website contains information about CSOP and the services and products offered by CSOP. The information provided on the CSOP website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country that would subject CSOP or its affiliates to any registration requirement within such jurisdiction or country. Non-Hong Kong investors are responsible for observing all applicable laws and regulations of their relevant jurisdictions before proceeding to access the information contained herein. By proceeding, you are representing that you have understood and accepted the restrictions set out in this section.

The website is prepared by CSOP and has not been reviewed by the SFC. You are advised to exercise caution and if you are in any doubt about any of the contents of the website, you should obtain independent financial and professional advice. Private Investors are advised to consult with their financial advisors, banks, or other professional advisors. Nothing herein should be construed as investment advice nor as comment on the suitability of any investment or investment service. Prospective investors should take advice from their own professional advisors before making any investment decision.

The information contained in this website is provided for reference only and does not constitute any investment advice. Past performance is not an indicative of future performance. Investment involves risk and investors may not get back the amount originally invested. Please read the relevant offering document carefully, in particular fund features and the risks involved in investing in the fund.

Nothing on this website constitutes a solicitation, invitation, recommendation or offer to purchase a product offered by CSOP or any CSOP funds or as the basis for any investment decision.

This site may include forward-looking statements which are based on CSOP's current opinions, expectations and projections. CSOP undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements.

If you have accessed this site using a link from another site, CSOP do not accept any liability or responsibility for the accuracy of information contained within the sites of other providers who have links to any pages of this site.

CSOP do not accept responsibility for any interference or damage to your own computer system, the records stored therein or those of any other person, which arises in connection with your use of this website or any linked website. A Cookies is utilized on this website. It allows your browser to check whether you have read and agreed to these terms. The Cookies does not contain any personally identifiable information. Unfortunately, if your browser is set up to reject Cookies you will not be able to see the content of this website. All copyrights reserved and its contents including all information, graphics, code, text and design in this website are owned by CSOP and should not be reproduced or distributed without its permission. These terms are governed exclusively by the laws of Hong Kong and constitute the entire agreement between you and CSOP in relation to the use of this website.

The information is current as at the date of publication but is subject to change without notice.

Please input email address

Wrong email address