Guinness Atkinson Renminbi Yuan & Bond Fund (GARBX)

12.60
Net Asset Value
-0.08%
1 Day
-2.70%
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-1.25% 3 years+2.90%
3 months-0.94% 5 years--
1 year-0.38% Since inception+2.73%
Data through --

Peer Comparisonvs. Emerging markets bond

 GARBXCategory
Performance 5-yr return--+6.26%
Expense ratio0.97%1.23%
Risk 5 year sharpe ratio--0.74
Net assets$102.6M$666.0M
Average market cap--$16.6B
Average P/E--15.0
Portfolio turnover12%12%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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 income69.37%
Cash30.63%
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%5.98%
-- New W China Land 5.5%5.19%
-- China General Nucl 3.75%3.75%
-- Icici Bk Ltd (Si 4.9%3.45%
-- Boc Aviation Pte 4.5%3.43%
-- Global Logistic Pr 3.375%3.14%
-- China Unicom Ltd 04/16/17, 4.0% Cnh3.06%
-- Volkswagen Intl 2.15%3.04%
-- Rabobank Nederland 3.25%2.58%
-- China(Peoples Rep) 2.87%2.57%

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.