Quality income from Asia's most dynamic economies

The essentials

The Adviser has contractually agreed to limit the Fund's total annual operating expenses to 0.78% through June 30, 2029. 30-day SEC yield as of 5/31/2026. The 30-Day SEC Yield is a standardized measure of a fund's net investment income over the trailing 30 days. The subsidized yield reflects fee waivers and/or expense reimbursements in effect during the period; the unsubsidized yield removes those waivers and reimbursements and would be lower.

Returns

*The fund Benchmark Index is the MSCI AC Pacific ex-Japan Index NR. The MSCI AC Pacific ex Japan Index captures large- and mid-cap representation across the developed and emerging markets of the Pacific region, excluding Japan, and covers approximately 85% of the free float-adjusted market capitalization in each country. Index figures are shown on a net return (NR) basis, meaning dividends are reinvested after the deduction of withholding taxes applicable to non-resident institutional investors. An investor cannot invest directly in an index.

The GAFunds Asia Pacific Dividend Builder ETF acquired the assets and liabilities of the predecessor mutual fund, the Guinness Atkinson Asia Pacific Dividend Builder Fund, on March 26, 2021. As a result of the transaction, the Fund adopted the accounting and performance history of its predecessor mutual fund. Performance results shown prior to March 26, 2021, reflect the performance of the predecessor mutual fund. The Market Price returns shown prior to March 26, 2021 reflects the predecessor mutual fund's NAV.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. GAFunds NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange. Closing price returns do not represent the returns you would receive if you traded shares at other times.

Effective as of the close of business on March 26, 2021, the fund acquired the assets and assumed the performance, financial and other historical information of the Guinness Atkinson Asia Pacific Dividend Builder Fund, an open-end mutual fund (incepted March 31, 2006). The fund's investment objectives, strategies and policies are substantially similar to those of the predecessor mutual fund and it was managed by the same portfolio managers. Performance information for periods prior to March 26, 2021 is the historical performance of the predecessor mutual fund and reflects the higher operating expenses of the predecessor mutual fund. The fund has lower expenses than the predecessor mutual fund (including a lower management fee). For periods prior to March 26, 2021, the fund's performance would have been higher than shown had it operated with the fund's current expense levels.

Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than quoted. Performance data for the most recent month-end is available above.

Fund holdings and sector allocations are subject to change.

Fund literature

Holdings

How the market price tracked NAV

The premium/discount exceeded ±2% on 5 trading days during this period — not for more than seven consecutive trading days, so no additional Rule 6c-11 statement is required.

The Fund's shares are bought and sold at market price, which may differ from NAV.

Distribution history