2022-08-29-港交所-易方达Ａ５０_易方达Ａ５０－Ｒ_未经审计中期报告-二零二二年六月三十日_22页_506kb

E Fund (HK) MSCI China A50 Connect ETF Summary

Fund Overview

• Launched on December 14, 2021, on The Stock Exchange of Hong Kong (SEHK); sub-fund of E Fund ETFs Trust.
• Tracks the MSCI China A50 Connect Index using an ETF structure with puttable financial instruments classified as equity.
• Manager: E Fund Management (Hong Kong) Co., Ltd.; Trustee: HSBC Institutional Trust Services (Asia) Limited.
• Listing Agent and other service providers detailed.

Performance Highlights

• Aims for returns mirroring the MSCI China A50 Connect Index performance (price return).
• Net Asset Value (NAV) per unit as of June 30, 2022: RMB 2.37, with a total size of approximately RMB 426.88 million.
• Performance summary: Since launch (-9.1%), YTD (-6.1%), 1 Month (11.5%), 3 Months (9.2%), 6 Months (-6.1%) vs. Index (-10.1%, etc.).
• Highest NAV: RMB 2.62, lowest: RMB 1.97 during the period.
• Maximum investment overweight allowed, no breach noted.

Financial Position

• As of June 30, 2022: Assets RMB 426.96 million; Liabilities RMB 84,415; Equity (Net Assets) RMB 426.88 million for 180 million units.
• NAV-to-NAV return not including dividend reinvestment; past performance not indicative of future results.

Investment Portfolio

• 50 constituents aligned with MSCI China A50 Connect Index, 99.49% of net assets in Chinese equities.
• Top holdings include major companies like Agricultural Bank of China, Bank of Communications, BYD, China Merchants Bank, and Kweichow Moutai.
• Portfolio movements showed additions and disposals during the period, with fair value estimation based on market prices.

Management and Compliance

• Prepared in accordance with International Financial Reporting Standards (IFRSs); exempt from SFC review.
• Withholding taxes and other expenses accounted for; no distribution from capital.