Guinness Atkinson Renminbi Yuan & Bond Fund (GARBX)

12.72
Net Asset Value
+0.16%
1 Day
-1.78%
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+0.79% 3 years+2.90%
3 months+1.83% 5 years--
1 year+3.24% Since inception+2.71%
Data through --

Peer Comparisonvs. Emerging markets bond

 GARBXCategory
Performance 5-yr return--+9.29%
Expense ratio0.97%1.24%
Risk 5 year sharpe ratio--1.08
Net assets$97.2M$722.0M
Average market cap--$28.1B
Average P/E--11.1
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 income77.37%
Cash22.63%
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%6.08%
-- New W China Land 5.5%5.24%
-- Cgnpc 3.75%3.80%
-- Icici Bk Ltd (Si 4.9%3.51%
-- Hsbc Bk 2.875%3.47%
-- Boc Aviation Pte 4.5%3.47%
-- Global Logistic Pr 3.375%3.19%
-- Caterpillar Finl S 3.25%3.13%
-- Volkswagen Intl 2.15%3.05%
-- Rabobank Nederland 3.25%2.62%

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