China has become the world’s second largest economy and a leading player in world trade; its currency is making progress toward internationalization and may be on its way to achieving leading world currency status.
As the Chinese government has been relaxing currency restrictions and renminbi yuan bonds have begun trading in Hong Kong, Guinness Atkinson gives you the opportunity to participate in China’s growth in a distinctive way.
If you agree with many economists who believe that China’s currency would appreciate against the US dollar if it were allowed to trade freely, you may wish to invest in our Renminbi Yuan & Bond Fund. A stronger yuan would be consistent with China’s need to reduce inflation internally and the United State’s need to battle deflation.
Learn more in our whitepaper, A Revolutionary Idea: Renminbi in Every Wallet.
Renminbi Yuan & Bond Fund
|Calendar YTD||1 Year||3 Years||5 Years||10 Years||Since
Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security.
|BOND CLASSIFICATION (as of 04/30/2019)|
|Certificate of Deposit CNH||0.00%|
|MATURITY BREAKDOWN (as of 04/30/2019)|
|Less than 1 year||13.60%|
|1 to 2 years||67.66%|
|2 to 3 years||7.94%|
|4 to 5 years||8.13%|
|5 to 6 years||15.80%|
“It may sound like a cliché to refer to the “Asian Miracle” but I believe that the economic growth that has occurred in Asia throughout the last 30 years represents the greatest increase in the human condition for more people than any other event in human history.“
Having managed the Asia Funds for over 14 years both from London and from Hong Kong, Edmund Harriss is dedicated to understanding the agents of change. It’s about making ourselves ready for the new world that is unfolding in front of our eyes. For Edmund there is nothing quite like…
“Progress is exciting— it’s an opportunity to meet new and complex challenges. And every Guinness Atkinson Fund presents an opportunity to invest in progress.“
As a Founder and the Chief Investment Officer of Guinness Atkinson Funds, Tim Guinness is a logic-based value investor with nearly 40 years of experience. He believes in hard work and discipline, subjecting stocks to a gauntlet of due diligence. His investment strategy, a draw not only for investors but…
The Advisor has contractually agreed to reimburse expenses (excluding Acquired Fund Fees and Expenses, interest, taxes, dividends on short positions and extraordinary expenses) in order to limit the Fund’s Total Annual Operating Expenses to 0.90% through June 30, 2020. To the extent that the Advisor absorbs expenses to satisfy this cap, it may recoup a portion or all of such amounts at any time within three fiscal years after the fiscal year in which such amounts were absorbed, subject to the expense cap in place at the time recoupment is sought, which cannot exceed the expense cap at the time
of the waiver. The expense limitation agreement may be terminated by the Board of the Fund at any time without penalty upon 60 days’ notice.
The SEC yield reflects the rate at which the Fund is earning income on its current portfolio of securities.