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ETFS-E Fund MSCI China A GO UCITS ETF’s Asset Size Expands 65% to USD33 Million

Published time:[12 May, 2017 16:52] From:E Fund Management (Hong Kong) Co., Limited

Being the largest UCITS ETF among Chinese asset managers in Europe* as a result of a successful implementation of partnership model

(9 May, 2017 - Hong Kong) - E Fund Management (Hong Kong) Co., Limited ("E Fund HK") unveiled that its UCITS ETF, jointly launched with Europe-based ETF Securities, continue to appeal to investors with ongoing subscriptions. The asset size increased from USD$20 million in early 2016 to USD$33 million at the end of April 2017 (see the chart below), claiming the top spot position of MSCI China A ETF among Chinese asset managers.

*Source: Bloomberg, as of 28 April, 2017

Ms. HUANG Gaohui, the Chief Executive Officer of E Fund HK said, “It has been nearly three years since the product launch, and its growth helps to secure a top-spot position of MSCI China A ETF among Chinese asset managers. I would say that AUM growth is just a ‘natural’ result with the anticipation of the inclusion of China A-shares in MSCI’s global emerging indices and an expected increase in overseas inflows to the onshore equities market,”

“It is therefore only a matter of time before international capital becomes more involved in China’s onshore equities market. To fully capture the upcoming opportunities, foreign investors will have to familiarize themselves with the Chinese market, while local institutions will have to become more sensitive to the demands of investors from New York and London. Both local and foreign institutions should prepare for the opportunities to come.” Ms. HUANG added.

ETF Securities is one of the world’s leading and independent commodity ETF providers. ETFS-E Fund MSCI China A GO UCITS ETF (not authorized Fund in HK) is the first physical UCITS ETF to track the MSCI China A Index in Europe. The product was listed on the London Stock Exchange (Bloomberg ticker: CASH LN), Deutsche Börse AG (Bloomberg ticker: CASH GY) and NYSE Euronext Amsterdam (Bloomberg ticker: CASH NA) on 19 May 2014. Its excellence in innovation helps to win the ‘Best New Equity ETF’ accolade by independent media ETF.com in 2015.

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About E Fund Management (Hong Kong) Co, Ltd.
E Fund Management (HK) Co., Ltd (“E Fund HK”) was officially established in 2008 and is licensed by the Securities and Futures Commission of Hong Kong to conduct Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities. As the sole international business platform of E Fund, E Fund HK provides bilateral and cross-border asset management services in equities, fixed income and alternative investments for investors all over the world. E Fund HK has an established presence in Hong Kong for many years and has since listed a number of mutual funds, private equity funds and ETFs in Hong Kong, Europe and the US. Its award-winning products have been recognized by leading institutions such as Morningstar, Lipper, AsianInvestor and Benchmark for their strong performances relative to peers.

E Fund, the parent company of E Fund HK, was founded in 2001 and headquartered in Guangzhou. It has branch offices in Beijing, Guangzhou, Shanghai, and subsidiaries including E Fund HK and E Fund Asset Management Co., Ltd. E Fund has grown tremendously to become one of the largest fund management corporations in China with total assets under management exceed RMB 1 trillion as of 31 December, 2016 (including E Fund HK and China subsidiaries). It is licensed to cover a full spectrum of asset management services in China including, public funds, national social security fund, corporate annuities, discretionary accounts, QDII, QFII and RQFII. E Fund passed the independent verification of the Global Investment Performance Standards (GIPS) in August 2014, signifying an important step forward to become more internationalized with unified performance reporting.

Capitalizing the investment and research ability of E Fund, E Fund HK maintains three investment research teams, each specializing in RQFII/QFII, international and alternative investment. Integrated with E Fund’s global expansion strategies, E Fund HK is committed to providing quality asset management services for onshore and offshore investors in Greater China and US ADR markets. Via the construction of a global-facing asset allocation platform, E Fund HK serves as a window to investors in China for asset allocation exposures all over the world.
* as of 31 December, 2016
**Wind Info, as of 31 December, 2016

E Fund Disclaimer

E Fund Management (Hong Kong) Co., Limited is the issuer of this report. This report is neither an offer nor solicitation to purchase units of the fund; applications for units may only be made on forms of application available with the Explanatory Memorandum. Investments are subject to investment risks, fund value may go up as well as down and past performance is not indicative of future performance. Investors should read carefully the Explanatory Memorandum (including the section “Risk Factors”) for the relevant risks associated with the investment in the fund before investing.

Distribution of this report may be restricted in certain jurisdictions. This report does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a report or make such an offer or solicitation. This report is exempted from pre-vetting and authorization by the Securities and Futures Commission of Hong Kong and has not been reviewed by the Securities and Futures Commission of Hong Kong.

SFC authorization is not a recommendation or endorsement of a scheme nor does it guarantee the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.

For more information, please contact
E Fund Management (HK) Co., Ltd
Angela Kwok / 3929 0975 / angela.kwok@efunds.com.hk 
Wonderful Sky Financial Group
Tiffany Ruan / 3970 2155 / tiffanyruan@wsfg.hk 
Natalie Chung / 3970 2229 / nataliechung@wsfg.hk

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