2025-08-13-港交所-Ａ华夏人民币_Ａ华夏人民币－Ｒ_2025_半年度未经审核报告页_25页_559kb

ChinaAMC RMB Money Market ETF Summary

Core Information

• Sub-Fund Name: ChinaAMC RMB Money Market ETF
• Series: ChinaAMC Global ETF Series
• Legal Structure: Umbrella unit trust under Hong Kong law, established on 17 September 2015
• Manager: China Asset Management (Hong Kong) Limited
• Trustee and Registrar: HSBC Institutional Trust Services (Asia) Limited
• Auditor: Ernst & Young
• Service Agent: HK Conversion Agency Services Limited
• Listing Agent: Altus Capital Limited
• Stock Codes:
  • HKD Counter: 03161
  • RMB Counter: 83161
• Listing Date: 12 July 2023
• Investment Objective: To invest in short-term deposits and high-quality money market instruments, with a focus on RMB-denominated assets (minimum 70% of NAV) and up to 30% in non-RMB-denominated instruments.
• Investment Strategy: Actively managed, with currency hedging as needed to mitigate risk.

Key Performance Metrics

Total Returns (as of 30 June 2025)

Financial Position (as of 30 June 2025)

• Total Assets: RMB 4,938,052,657
• Total Liabilities (excluding net assets): RMB 101,288,370
• Net Assets Value (NAV) attributable to unitholders: RMB 4,836,764,287
• Number of Units in Issue:
  • Listed Class: 2,210,000
  • Unlisted Class A Units: 14,977,250
  • Unlisted Class F Units: 4,988,259
  • Unlisted Class I Units: 14,680,000
  • Unlisted Class S Units: 9,692,770
• Net Asset Value per Unit:
  • Listed Class: RMB 104.7993
  • Unlisted Class A Units: RMB 102.9637
  • Unlisted Class F Units: RMB 102.8147
  • Unlisted Class I Units: RMB 104.2489
  • Unlisted Class S Units: RMB 105.2130

Profit and Loss (UNAUDITED)

• Profit Before Investment Gains and Exchange Differences: RMB 39,350,985
• Investment Gains and Exchange Differences:
  • Net (losses)/gains on financial assets: (RMB 29,021)
  • Foreign exchange gains: RMB 5,925
• Profit Before Tax: RMB 39,327,889
• Profit and Other Comprehensive Income for the Period: RMB 39,327,889

Changes in Net Assets (UNAUDITED)

• Net Assets at 1 January 2025: RMB 3,207,889,118
• Net Assets at 30 June 2025: RMB 4,836,764,287
• Increase in Net Assets: RMB 39,327,889
• Subscriptions During the Period:
  • Listed Class: 5,000 units (RMB 520,839)
  • Unlisted Class A Units: 23,158,361 units (RMB 2,376,230,352)
  • Unlisted Class F Units: 8,501,748 units (RMB 871,702,247)
  • Unlisted Class I Units: 29,817,659 units (RMB 3,094,890,859)
  • Unlisted Class S Units: 2,867,288 units (RMB 300,000,000)
• Redemption During the Period:
  • Unlisted Class A Units: (21,804,530) units (RMB 2,235,955,347)
  • Unlisted Class F Units: (4,146,653) units (RMB 425,426,953)
  • Unlisted Class I Units: (22,020,762) units (RMB 2,287,331,617)
  • Unlisted Class S Units: (1,000,000) units (RMB 105,083,100)
• Total Units in Issue: 46,548,279 units

Cash Flow (UNAUDITED)

• Net Increase in Cash and Cash Equivalents: RMB 179,026,555
• Cash and Cash Equivalents at the End of the Period: RMB 1,215,771,522
• Cash and Cash Equivalents at the Beginning of the Period: RMB 1,036,744,967
• Cash Flows from Operating Activities: (RMB 1,410,520,725)
• Cash Flows from Financing Activities: RMB 1,589,547,280

Investment Portfolio (UNAUDITED)

• Total Investment Portfolio Value: RMB 3,690,507,129 (76.30% of Net Assets)
• Other Net Assets: RMB 1,146,257,158 (23.70% of Net Assets)
• Portfolio Weighted Average Maturity: 55.81 days
• Portfolio Weighted Average Life: 55.81 days
• Daily Liquid Assets: RMB 499,218,216 (10.24% of Net Assets)
• Weekly Liquid Assets: RMB 751,264,913 (15.41% of Net Assets)

Key Holdings (UNAUDITED)

Portfolio Movements (UNAUDITED)

• Additions:
  • QNB Finance Ltd (SER EMTN) (REG S): 23,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 62,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 63,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 3,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 70,000,000 units
  • Agricultural Bank of China (SER CD): 100,000,000 units
  • Agricultural Bank of China (SER CD): 100,000,000 units
  • Agricultural Bank of China (SER CD): 30,000,000 units
  • Agricultural Bank of China (SER CD): 130,000,000 units
  • Agricultural Bank of China (SER CD): 50,000,000 units
  • Agricultural Bank of China (SER CD): 60,000,000 units
  • Agricultural Bank of China (SER CD): 30,000,000 units
• Disposals:
  • QNB Finance Ltd (SER EMTN) (REG S): 2,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 100,000,000 units
  • Agricultural Bank of China (SER CD): 100,000,000 units
  • Agricultural Bank of China (SER CD): 100,000,000 units
  • Agricultural Bank of China (SER CD): 30,000,000 units
  • Agricultural Bank of China (SER CD): 130,000,000 units
  • Agricultural Bank of China (SER CD): 60,000,000 units
  • Agricultural Bank of China (SER CD): 30,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 63,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 63,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 70,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 100,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 100,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 62,000,000 units
  • QNB Finance Ltd (SER EMTN) (REG S): 63,000,000 units

Important Notes

• The report is unaudited and reflects the Manager's view, which may change.
• Investors should refer to the prospectus for detailed information.
• The information in this report should not be relied upon for investment decisions.