2024-08-09-港交所-华夏沪深三百_华夏沪深三百－Ｒ_2024中期报告_36页_685kb

报告摘要

Fund Name: ChinaAMC CSI 300 Index ETF
Sub-Fund of: ChinaAMC ETF Series
Established under: Hong Kong law, trust deed dated 28 May 2012
Trading Dates:
- RMB counter (stock code: 83188): 17 July 2012
- HKD counter (stock code: 03188): 26 October 2012
Investment Objective: To provide investment results that closely correspond to the performance of the CSI 300 Index before fees and expenses.
Investment Strategy:
- Primary: Full replication strategy, investing directly in securities included in the CSI 300 Index in substantially the same weightings.
- Alternative: Representative sampling strategy if direct investment in certain securities is not possible due to restrictions or limited availability.
Investment Status: Utilizes RQFII and Stock Connect for access to mainland China's A-Shares.

Metric	RMB Counter (NAV-to-NAV)	RMB Counter (Market-to-Market)	HKD Counter (NAV-to-NAV)	HKD Counter (Market-to-Market)
1-Month	-2.62%	-2.56%	-3.31%	-2.80%
3-Month	-0.85%	-1.33%	-1.74%	-2.30%
Since Launch	63.89%⁴	63.15%⁴	51.25%⁵	49.95%⁵

The Sub-Fund's performance is closely aligned with the CSI 300 Index, though with slight variations in returns between NAV-to-NAV and Market-to-Market bases.
The Index had a positive return of 85.36% since launch, while the RMB and HKD counters showed lower returns.

Average Daily Trading Volume: Approximately 1,538,159 units (1 Jan 2024 to 30 Jun 2024)
Units Outstanding: 369,750,000 units as of 30 June 2024
Index Rebalances: 1 rebalance occurred during the reporting period
Index Composition: The Sub-Fund held all 300 constituent stocks of the CSI 300 Index as of 30 June 2024

Item	30 June 2024 (Unaudited)	31 December 2023 (Audited)
Assets	13,289,683,663 RMB	11,857,501,834 RMB
- Financial assets at fair value through profit or loss	12,797,876,598 RMB	11,481,554,661 RMB
- Interest receivable	137,648 RMB	269,990 RMB
- Amounts due from brokers	37,670,484 RMB	59,829,280 RMB
- Cash and cash equivalents	453,998,933 RMB	315,847,903 RMB
Liabilities	43,544,898 RMB	32,085,494 RMB
- Financial liabilities at fair value through profit or loss	21,137,748 RMB	18,175,341 RMB
- Management fee payable	16,095,883 RMB	7,029,397 RMB
- Custodian, fund administration and trustee fees payable	1,643,888 RMB	690,562 RMB
- Amounts due to participating dealers	269,572 RMB	-
- Other payables and accruals	4,397,807 RMB	6,190,194 RMB
Net Assets Attributable to Unitholders	13,246,138,765 RMB	11,825,416,340 RMB
Net Asset Value per Unit	35.8246 RMB	35.2734 RMB
Total Units in Issue	369,750,000	335,250,000

Item	Amount (RMB)
Income	147,246,790
- Dividend income	143,514,877
- Interest income	3,531,298
- Other income	200,615
Expenses	(53,923,854)
- Management fee	(44,555,071)
- Brokerage fee and transaction fee	(3,155,538)
- Custodian, fund administration and trustee fees	(3,181,658)
- Audit fee	(89,966)
- Index licensing fee	(37,002)
- Data licensing fee	(2,541,002)
- Professional fee	(14,660)
- Interest expense	-
- Other operating expenses	(348,957)
Profit Before Investment Gains/(Losses)	93,322,936
Investment Gains/(Losses)	74,204,193
- Net change in unrealised gains/(losses) on financial assets	378,425,925
- Net realised losses on financial assets	(305,950,270)
- Net foreign exchange gains	1,728,538
Profit/(Loss) Before Tax	167,527,129
- Withholding income tax expenses	(14,352,197)
Total Comprehensive Income	153,174,932

Item	1 Jan 2024 to 30 Jun 2024 (Unaudited)	1 Jan 2023 to 30 Jun 2023 (Unaudited)
Net Increase/(Decrease) in Cash and Cash Equivalents	138,151,030 RMB	(14,686,527) RMB
Cash and Cash Equivalents at the Beginning of the Period	315,847,903 RMB	1,258,466,643 RMB
Cash and Cash Equivalents at the End of the Period	453,998,933 RMB	1,243,780,116 RMB

The Sub-Fund's portfolio consists of a diversified range of A-Shares from the CSI 300 Index, including stocks from the following sectors:

Communication Services: 37 Interactive Entertainment Network Technology Group Co Ltd, China Mobile Ltd, China Satellite Communications Co Ltd, etc.
Consumer Discretionary: BYD Co Ltd, Changzhou Xingyu Automotive Lighting Systems Co Ltd, China Tourism Group Duty Free Corp Ltd, etc.
Consumer Staples: Anhui Gujing Distillery Co Ltd, Kweichow Moutai Co Ltd, etc.
Energy: China Coal Energy Co Ltd, China Petroleum & Chemical Corp, etc.
Financials: Agricultural Bank of China Ltd, Bank of China Ltd, China Merchants Bank Co Ltd, etc.
Health Care: Aier Eye Hospital Group Co Ltd, Beijing Tiantan Biological Products Corp Ltd, etc.
The portfolio reflects a full replication strategy, with all 300 constituent stocks of the CSI 300 Index included.
Market Value: 12,797,876,598 RMB (as of 30 June 2024)
NAV: 13,246,138,765 RMB (as of 30 June 2024)