Fullgoal Asset Management Launches China Onshore Bond ETF

Fullgoal Asset Management (HK) Limited launches China Onshore Sovereign and Policy Bank Bond 1-10 Year Index ETF (Ticker: RMB3 LN)

1st Chinese asset manager to list an ETF on London Stock Exchange

London – June 21st, 2016 – Fullgoal Asset Management (HK) Limited[1] today launched the Fullgoal FTSE China Onshore Sovereign and Policy Bank Bond 1-10 Year Index ETF (the “Fund”), the 1st Chinese asset manager to list an ETF on London Stock Exchange.

The Fund seeks to reflect the performance of FTSE China Onshore Sovereign and Policy Bond 1-10 Year index (the “Index”) which is designed to reflect the performance of bonds denominated in RMB (CNY), issued by Chinese Government, China Development Bank, Agricultural Development Bank of China, The Export-Import Bank of China and circulated in mainland China. Several share classes are available; some of them offering currency hedge for Euro and dollar based investors.

Listed on London Stock Exchange and Borsa Italiana and based on the Index, the Fund offers investors onshore exposure to the Chinese fixed income market. The new Fund will begin trading in London on June 21 and in Milan on June 23.

Michael Chow, Head of International Business and Managing Director at Fullgoal Asset Management (HK) Limited commented:

“We are delighted to be the 1st Chinese asset manager to list an ETF on London Stock Exchange. Chinese onshore fixed income market is the world’s third-largest bond market. Our Fund provides an avenue for overseas investors to access an otherwise not easily accessible market. We believe that, over time, RMB fixed income will become an essential asset class for global investors.”

Nikhil Rathi, Chief Executive of London Stock Exchange plc and Group Director of International Development said:

“Chinese issuers are increasingly looking to access European investors and today’s listing is significant as it is the first time a Chinese firm has listed an ETF independently in Europe. In choosing to list this ETF, which tracks an innovative FTSE Russell index, on both London Stock Exchange and Borsa Italiana, Fullgoal have shown that LSEG is the partner of choice for Chinese issuers looking to access European investor capital”.

The Fullgoal FTSE China Onshore Sovereign and Policy Bank Bond 1-10 Year Index ETF is a unique value proposition. The Fund is leveraging on Fullgoal Fund Management Company Limited’s deep rooted expertise in fixed income and on the team’s proven track record.  Fullgoal Fund Management Company Limited ranked 5th by total assets under management among fund management companies in China.[2]

Media contacts

Corporate Communications

Gloria Char
Vice President
Fullgoal Asset Management (HK) Limited
+852 3713 3028
chargloria@fullgoal.com.hk

About Fullgoal Asset Management (HK) Limited

Fullgoal Asset Management (HK) Limited (“Fullgoal Asset Management”) is a wholly owned subsidiary of Fullgoal Fund Management Company Limited (“Fullgoal”) in China with over RMB 337 billion (i.e. USD 51.89 billion[3]) in assets under management as of December 31, 2015. Fullgoal manages investments for a wide range of clients, including financial institutions, corporations, family offices, pension and retirement funds (public and private), retail banks, insurance companies and high-net-worth individuals. Fullgoal Asset Management offers asset management products and solutions across a variety of asset classes and strategies for its investors.

For additional information on Fullgoal Asset Management, please visit our website: www.fullgoal.com.hk.

Please consider the Fund’s investment objectives, risk factors, and charges and expenses carefully before investing.  This press release does not constitute an offer or a recommendation to enter into any transaction.  Please refer to the Prospectus and the KIID for details of the risks of investing in the Fund. We recommend investors obtain and carefully read a copy of the Prospectus and the KIID before investing and such information are available free of charge on www.fullgoal.com.hk or on www.fundsquare.net.

Investing involves risk, including the possible loss of principal. International investments carry risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/developing markets and in concentrations of single countries

[1] Fullgoal Asset Management (HK) Limited is a wholly-owned subsidiary of Fullgoal Fund Management Company Limited ( ̏Fullgoal ̋) 

[2] Source : Asset Management Association of China. Data excludes money market funds as of 1Q2016

[3] Source : China Foreign Exchange Trading Center. Data as of December 31, 2015. USD value is based on the RMB/USD exchange rate of 6.4936/1

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