Guinness Atkinson Renminbi Yuan & Bond Fund (GARBX)

12.25
Net Asset Value
0.00%
1 Day
-1.37%
Year-to-Date
Overall Morningstar Rating
Emerging markets bond
Style or Category
No Load
Sales Expenses
0.97%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks total return. The fund invests at least 80% of its net assets in Renminbi Yuan-denominated debt instruments that are issued by corporations and by the Chinese government. It may, when desirable, invest up to 20% of its net assets in convertible securities of companies connected to the China region. The fund also may invest in derivative instruments, commercial paper, convertible securities and equity-linked notes, denominated in RMB or Yuan or other currencies. It is non-diversified.

Performance

1 month-0.98% 3 years+1.99%
3 months-2.76% 5 years--
1 year-2.95% Since inception+2.36%
Data through --

Peer Comparisonvs. Emerging markets bond

 GARBXCategory
Performance 5-yr return--+4.92%
Expense ratio0.97%1.23%
Risk 5 year sharpe ratio--0.62
Net assets$100.4M$594.9M
Average market cap--$21.2B
Average P/E--13.7
Portfolio turnover12%12%

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Fund Management and Purchase Info

Fund familyGuinness Atkinson
Fund manager & tenureEdmund Harriss / 3 Years
Minimal initial investment$10,000.00
Minimum IRA investment$5,000.00

Holdings

Fixed income75.69%
Cash24.31%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Air Liquide Fin 3%5.60%
-- New W China Land 5.5%4.89%
-- China General Nucl 3.75%3.52%
-- Boc Aviation Pte 4.5%3.26%
-- Cagamas Global 09/22/17, 3.7% Cnh3.21%
-- Unican Limited 5.6%3.19%
-- Datang Telecom(Hk) 5.5%3.19%
-- Global Logistic Pr 3.375%2.94%
-- China Unicom Ltd 04/16/17, 4.0% Cnh2.87%
-- Volkswagen Intl 2.15%2.85%

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