Guinness Atkinson Renminbi Yuan & Bond Fund (GARBX)

12.45
Net Asset Value
+0.16%
1 Day
+3.75%
Year-to-Date
Overall Morningstar Rating
Emerging-markets local-currency bond
Style or Category
No Load
Sales Expenses
4.35%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks total return. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a combination of Renminbi Yuan-denominated bonds 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 commercial paper- convertible securities and equity-linked notes- denominated in RMB or Yuan or other currencies. It is non-diversified.

Performance

1 month+0.73% 3 years+1.84%
3 months+2.46% 5 years+1.56%
1 year+11.54% Since inception+2.08%
Data through --

Peer Comparisonvs. Emerging-markets local-currency bond

 GARBXCategory
Performance 5-yr return+1.56%-0.30%
Expense ratio4.35%1.17%
Risk 5 year sharpe ratio0.290.02
Net assets$3.0M$452.1M
Average market cap--$281.0M
Average P/E--11.0
Portfolio turnover66%66%

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Fund Management and Purchase Info

Fund familyGuinness Atkinson
Fund manager & tenureEdmund Harriss / 6 Years
Minimal initial investment$10,000.00
Minimum IRA investment$5,000.00

Holdings

Cash52.67%
Fixed income47.33%
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
-- 5.36%
-- 5.34%
-- 5.33%
-- 5.33%
-- 5.31%
-- 5.30%
-- 5.30%
-- 3.75%
-- 3.73%
-- 2.58%