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Fund Price: $19.50 (as at July 11, 2014)  1-day chg: $.1271 0.66%  YTD: -9.78%

Returns as at June 30, 2014

  Fund Group Avg Index*
1 Month 0.93% 1.33% -1.41%
3 Months -2.85% 0.32% 1.12%
6 Months -11.51% -2.44% -0.21%
1 Year 7.17% 15.55% 12.64%
2 Year Avg 18.36% 12.42% 11.69%
3 Year Avg 2.15% 1.80% 4.69%
4 Year Avg 3.66% 2.91% 3.79%
5 Year Avg 1.07% 2.57% 2.96%
10 Year Avg 7.56% 7.25% 4.20%
15 Year Avg 10.69% 8.67% 1.42%
20 Year Avg - 5.10% 3.62%
Since Inception 10.34% - -
 
2013 27.08% 13.36% 9.73%
2012 32.80% 16.52% 20.42%
2011 -37.76% -20.87% -17.92%
 
3 year risk 23.82 17.77 15.25
3 year beta 1.19 1.01 1.00

*HANG SENG Total Return Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the HANG SENG Total Return Index.

Risk Measures as at June 30, 2014

Best/Worst 12 months (since inception)
Best (ending Mar 00): 335.77 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Oct 08): -57.64 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 24 High

Fund Objectives

The investment objective of the Fund is to seek long-term growth through capital appreciation by investing in equity securities of companies based in China, Hong Kong and Taiwan. The Fund may also invest in companies not based in China, Hong Kong or Taiwan, but that conduct a majority of their commercial activities in either one or all of these countries; and may invest in index futures of the markets of these countries, as available, for non-hedging purposes.

Fund Facts

Fund Sponsor: CIBC Asset Management
Managed by: CIBC Global Asset Management Inc.
Fund Type: MF Trust
Inception Date: February 1998
Asset Class: Greater China Equity
Quartile Rank: 2 (3YR ending June 30, 2014)
Total Assets: $80.3 million
Mgmt Exp. Ratio (MER): 3.27%
Management Fee: 2.50%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$100
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$100
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation January 31, 2014

Equity Sector Weightings January 31, 2014

Fund Geography January 31, 2014

Top Holdings as at January 31, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 11, 2014
1 Year Performance (%)
- CHONGQING CHANGAN AUTO Other China Stock 6.01   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- AviChina Industry & Technology Transportation Hong Kong Stock 5.56   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Tencent Holdings Ltd. Telecommunications China Stock 5.4   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Goldpoly New Energy Holdings Other Hong Kong Stock 4.2   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- China Cinda Asset Management Other China Stock 4.12   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Haitong Securities Co Investment Houses China Stock 3.72   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- China State Construction Inter Management and Diversified Hong Kong Stock 3.58   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- China Medical System Holdings Biotechnology & Pharmaceuticals China Stock 3.58   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Galaxy Entertainment Group Ltd Entertainment Services Hong Kong Stock 3.42   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
QIHU-N Qihoo 360 Technology Co. Computer Software & Processing China Stock 2.83   67.8 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Hugh Simon

Hamon Asset Management Limited

Start Date: May, 2007

Fund Return: 4.39%

Hugh Simon, Chief Executive Officer, established Hamon Investment Group in 1989. Formerly the Managing Director and President, respectively of Lazard's Hong Kong and Japan offices and a director of Lazard Investors in London, Hugh was responsible for establishing Lazard's offices in the Far East. Before joining Lazards in 1984, he worked for Schroders in London, Australia and Hong Kong for five years.

Also manages:Renaissance Asian

View fund manager performance report

William Liu

Hamon Asset Management Limited

Start Date: February, 2011

Fund Return: -0.88%

William Liu is a Fund Manager at Hamon Investment Group focusing on management and research on the Chinese markets. William started his career in Hong Kong with UBS Investment Bank before joining CLSA, where he progressed to Head of China Research. Prior to Hamon, he was the Executive Director for BNP Paribas Securities Asia. William graduated with a BSc in Economics from the University of Shanghai for Science & Technology. He then obtained a masters degree in Finance from the London Business School.

View fund manager performance report

Raymond Chan

Hamon Asset Management Limited

Start Date: May, 2011

Fund Return: -1.43%

Raymond Chan is the Managing Director & Chief Investment Officer of Hamon Asset Management. Raymond started his career with LGT Asset Management as a Portfolio Manager in 1994. He joined Hamon during 1999-2003 and then moved on to Amundi as Investment Director, before rejoining Hamon in May 2011. Raymond has over 20 years of experience in Asian regional investments. Raymond obtained a BBA from the University of Hong Kong, and an MBA in International Finance and Banking from the University of Birmingham, UK.

Also manages:Renaissance Asian

View fund manager performance report