Summary of Ping An of China ETF Sub-Funds Unaudited Interim Report (30 June 2023)
Overview
This report outlines the key information and performance of several sub-funds under Ping An of China Trust, including:
- Ping An of China CSI HK Dividend ETF (3070)
- Ping An of China CSI 5-10Y CGB ETF (3080)
- Ping An MSCI China Multi-Factor ETF (3163)
- Ping An MSCI China Quality Factor ETF (3166)
- Ping An Nasdaq 5HANDL ETF (3198)*
- Ping An Nasdaq AI and Robotics ETF (3023)
Each fund is an index-tracking fund designed to replicate or closely follow a specific underlying index.
Key Entities
| Entity |
Role |
| Ping An of China Asset Management (Hong Kong) Company Limited |
Manager of the Sub-Funds |
| HSBC Institutional Trust Services (Asia) Limited |
Trustee |
| Altus Capital Limited |
Listing Agent |
| HK Conversion Agency Services Limited |
Conversion Agent (for HK Dividend ETF) / Service Agent (for others) |
| Simmons & Simmons |
Legal Adviser |
| PricewaterhouseCoopers |
Auditor |
Fund Details and Investment Strategy
Ping An of China CSI HK Dividend ETF (3070)
- Inception Date: 15 February 2012
- Investment Objective: Track the CSI Hong Kong Dividend Index
- Strategy: Full replication strategy
- Units Outstanding: 33,490,000
- NAV per Unit (30 June 2023): HK$25.0079
- Total Fund Size: HK$837.5143 million
- Index Composition: All 30 constituent stocks as of 30 June 2023
Ping An of China CSI 5-10Y CGB ETF (3080)
- Inception Date: 29 December 2017
- Investment Objective: Track the CSI 5-10y Liquid CGB Index
- Strategy: Representative sampling strategy
- Units Outstanding: 1,560,000
- NAV per Unit (30 June 2023): RMB110.3354
- Total Fund Size: RMB172.1232 million
- Index Composition: 167 out of 195 constituent stocks as of 30 June 2023
Ping An MSCI China Multi-Factor ETF (3163)
- Inception Date: 30 November 2018
- Investment Objective: Track the MSCI China Diversified Multiple-Factor Index
- Strategy: Full replication strategy
- Units Outstanding: 900,000
- NAV per Unit (30 June 2023): HK$28.3390
- Total Fund Size: HK$25.5051 million
- Index Composition: 167 out of 195 constituent stocks as of 30 June 2023
Ping An MSCI China Quality Factor ETF (3166)
- Inception Date: 30 November 2018
- Investment Objective: Track the MSCI China Quality Index
- Strategy: Full replication strategy
- Units Outstanding: 900,000
- NAV per Unit (30 June 2023): HK$28.1757
- Total Fund Size: HK$25.3581 million
- Index Composition: 99 out of 125 constituent stocks as of 30 June 2023
Ping An Nasdaq 5HANDL* ETF (3198)
- Inception Date: 7 December 2018
- Investment Objective: Track the Nasdaq 5HANDL Index
- Strategy: Full replication strategy
- Units Outstanding: 330,000
- NAV per Unit (30 June 2023): US$12.0127
- Total Fund Size: US$3.9642 million
- Index Composition: All 19 constituent stocks as of 30 June 2023
Ping An Nasdaq AI and Robotics ETF (3023)
- Inception Date: 7 December 2018
- Investment Objective: Track the Nasdaq CTA Artificial Intelligence and Robotics Index
- Strategy: Full replication strategy
- Units Outstanding: 390,000
- NAV per Unit (30 June 2023): US$15.2876
- Total Fund Size: US$5.9621 million
- Index Composition: 105 out of 106 constituent stocks as of 30 June 2023
Performance Summary (As at 30 June 2023)
Ping An of China CSI HK Dividend ETF (3070)
| Period |
Fund Return |
Index Return |
| 1-Month |
0.72% |
-0.33% |
| 3-Month |
0.36% |
-1.14% |
| 6-Month |
10.51% |
9.15% |
| 2023 |
10.51% |
9.15% |
| 2022 |
-4.34% |
-5.12% |
| 2021 |
-2.74% |
-2.91% |
| Since Inception |
30.60% |
26.18% |
Ping An of China CSI 5-10Y CGB ETF (3080)
| Period |
Fund Return |
Index Return |
| 1-Month |
0.30% |
0.42% |
| 3-Month |
1.38% |
2.14% |
| 6-Month |
1.83% |
2.58% |
| 2023 |
1.83% |
2.58% |
| 2022 |
2.32% |
2.51% |
| 2021 |
4.06% |
5.80% |
| Since Inception |
22.82% |
27.92% |
Ping An MSCI China Multi-Factor ETF (3163)
| Period |
Fund Return |
Index Return |
| 1-Month |
3.64% |
4.09% |
| 3-Month |
-10.03% |
-9.07% |
| 6-Month |
-4.64% |
-3.37% |
| 2023 |
-4.64% |
-3.37% |
| 2022 |
-20.02% |
-16.56% |
| 2021 |
-10.32% |
-10.47% |
| Since Inception |
-7.40% |
0.49% |
Ping An MSCI China Quality Factor ETF (3166)
| Period |
Fund Return |
Index Return |
| 1-Month |
3.67% |
3.77% |
| 3-Month |
-15.06% |
-15.18% |
| 6-Month |
-11.73% |
-12.01% |
| 2023 |
-11.73% |
-12.01% |
| 2022 |
-28.56% |
-26.48% |
| 2021 |
-10.00% |
-10.95% |
| Since Inception |
-8.96% |
-3.32% |
Ping An Nasdaq 5HANDL* ETF (3198)
| Period |
Fund Return |
Index Return |
| 1-Month |
2.21% |
2.36% |
| 3-Month |
2.35% |
2.13% |
| 6-Month |
6.28% |
6.34% |
| 2023 |
6.28% |
6.34% |
| 2022 |
-14.41% |
-13.91% |
| 2021 |
8.57% |
8.87% |
| Since Inception |
20.85% |
23.60% |
Ping An Nasdaq AI and Robotics ETF (3023)
| Period |
Fund Return |
Index Return |
| 1-Month |
3.76% |
4.02% |
| 3-Month |
6.82% |
7.27% |
| 6-Month |
26.63% |
27.52% |
| 2023 |
26.63% |
27.52% |
| 2022 |
-35.04% |
-34.53% |
| 2021 |
-10.03% |
-10.48% |
| Since Inception |
61.61% |
69.87% |
Key Notes
- All performance figures are based on net asset value (NAV) and do not reflect the impact of management fees, transaction costs, or other expenses.
- Performance does not guarantee future results.
- Units are issued and redeemed at NAV, and returns are calculated based on NAV.
- The funds do not publish a bid price.
- The HK Dividend ETF and CGB ETF have different currencies for performance calculation.
- The 5HANDL ETF and AI and Robotics ETF are denominated in US dollars.
- The underlying index reviews vary by fund: some occur semi-annually, others annually.
