Nasdaq 100 RMB Index Fund
Product Summary
Quick Look:
Apple, Microsoft, Amazon, Google, Facebook, Tesla, Intel, Comcast, Netflix, and the rest of the heavy hitters. Invest in the top US Nasdaq companies without the hassle of sending money abroad or converting currencies.
From the Fund Manager:
Based on the principle of tracking the Nasdaq 100 Index, the Fund adopts a passive indexed investment method to provide investors with an effective investment tool to invest in the US Nasdaq market. The Fund adopts this strategy through strict investment procedures constraints and quantitative risk management methods, strives to achieve effective tracking of the underlying index, and seeks to minimize tracking errors.
View full prospectus (in Chinese)
Fund Facts
| Fund Type | |
|---|---|
| Risk Level* | Moderate to agressive |
| Minimum Investment | ¥1000 |
| Open Date | 2018-10-25 |
| Fund Custodian | Bank of China |
| Fund Advisor | Guangfa Fund Management Co., Ltd. |
| Annual Expense Ratio** | 1.25% |
| Total Assets Invested | ¥728,000,000 |
** Expense ratio amounts are already included in the return and daily value figures listed. More info on fees .
Performance
| Time Period | Return, Nasdaq 100 RMB Index Fund | Performance Rank in Category | Return, Nasdaq 100 Index benchmark (?) |
|---|---|---|---|
| 2023 | 53.82% | Top 5% | 53.81% |
| 2022 | -28.43% | Bottom 50% | -32.97% |
| 2021 | 24.33% | Top 20% | 26.63% |
| 2020 | 34.14% | Top 20% | 47.58% |
| 2019 | 39.37% | Top 5% | 37.96% |
| Annual Average | 24.65% | ||
| Open Date | 2018/10/25 |
Returns Comparison
This chart illustrates the fund performance in comparison to the general Chinese markets over the last 3 years (2020/1/19-2023/1/19). The NASDAQ 100 RMB fund is in blue, the CSI 300 Index in red, and the Shanghai & Shenzhen Composite in orange.
Over this timeframe, the NASDAQ 100 RMB fund outperformed the CSI 300 Index by 15.75% and the Shanghai & Shenzhen Composite by 10.42%.
Top 10 Holdings
| Stock Name |
|---|
| Apple |
| Microsoft |
| Amazon |
| Tesla Inc. |
| Nvidia |
| Google – C shares |
| Google – A shares |
| Meta Platforms – A shares |
| Adobe, Inc. |
| Cisco |
| 10 Largest Holdings: 51.05% of total fund assets |
Hypothetical Portfolio Growth
Returns Comparison
This chart illustrates the fund performance in comparison to the general Chinese markets over the last 3 years (2020/1/19-2023/1/19). The NASDAQ 100 RMB fund is in blue, the CSI 300 Index in red, and the Shanghai & Shenzhen Composite in orange.
Over this timeframe, the NASDAQ 100 RMB fund outperformed the CSI 300 Index by 15.75% and the Shanghai & Shenzhen Composite by 10.42%.
