Guinness Atkinson China & Hong Kong Fund
Name
As of 10/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.2%
1 yr return
7.8%
3 Yr Avg Return
-9.7%
5 Yr Avg Return
-1.9%
Net Assets
$22.6 M
Holdings in Top 10
38.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.82%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$5,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ICHKX - Profile
Distributions
- YTD Total Return 10.2%
- 3 Yr Annualized Total Return -9.7%
- 5 Yr Annualized Total Return -1.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.20%
- Dividend Yield 0.7%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGuinness Atkinson China & Hong Kong Fund
-
Fund Family NameGuinness Atkinson Funds
-
Inception DateNov 30, 2000
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEdmund Harriss
Fund Description
The China & Hong Kong Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in publicly-traded equity securities of companies that are either primarily traded on the China or Hong Kong exchanges or that derive at least 50% of their revenues from business activities in China and/or Hong Kong, but which may be listed and traded elsewhere. Equity securities may include common stocks, preferred stocks, securities convertible into common stocks, rights and warrants. The Fund’s allocations among companies may vary depending on changing market conditions (including but not limited to, liquidity, volatility, and the number of companies meeting its selection criteria).
The Fund will normally hold around 35 positions of approximately equal weight, but the portfolio may vary over time, and under normal market conditions, the Fund may have as few as 25 holdings, or may hold securities in 75 or more companies. The Fund may invest in companies of any market capitalization size, but under normal conditions, the Fund will invest in companies with a minimum market capitalization of $500 million, including companies in emerging markets. The Fund’s currency is US Dollars, while most of its investments are denominated in foreign currencies. Additional information on Principal Investment Strategies can be found in the prospectus. Also see Additional Investment Strategies and Risks in the Statement of Additional Information.
For temporary defensive purposes, any portion of the Fund’s total assets may be invested in cash and cash equivalents, including money market funds, to respond to adverse market, economic, political or other conditions. While the Fund is applying this temporary defensive strategy, it may be unable to achieve its investment objective.
The Fund is designed for investors who seek long-term capital appreciation through focused investment in securities of companies traded in or economically tied to China and Hong Kong.
ICHKX - Performance
Return Ranking - Trailing
Period | ICHKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.2% | 3.3% | 48.1% | 84.54% |
1 Yr | 7.8% | -4.3% | 45.8% | 76.29% |
3 Yr | -9.7%* | -17.9% | 6.1% | 45.05% |
5 Yr | -1.9%* | -11.5% | 16.1% | 83.78% |
10 Yr | 1.4%* | -3.9% | 9.7% | 85.71% |
* Annualized
Return Ranking - Calendar
Period | ICHKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -15.2% | -26.6% | 26.3% | 44.33% |
2022 | -24.3% | -41.6% | -9.4% | 24.18% |
2021 | -22.6% | -52.5% | 26.5% | 72.73% |
2020 | 10.3% | 1.3% | 138.5% | 88.16% |
2019 | 24.2% | -1.9% | 42.6% | 60.81% |
Total Return Ranking - Trailing
Period | ICHKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.2% | 3.3% | 48.1% | 84.54% |
1 Yr | 7.8% | -4.3% | 45.8% | 76.29% |
3 Yr | -9.7%* | -17.9% | 6.1% | 45.05% |
5 Yr | -1.9%* | -11.5% | 16.1% | 83.78% |
10 Yr | 1.4%* | -3.9% | 9.7% | 85.71% |
* Annualized
Total Return Ranking - Calendar
Period | ICHKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -14.5% | -25.7% | 30.1% | 43.30% |
2022 | -23.7% | -40.4% | -6.8% | 30.77% |
2021 | -6.7% | -48.9% | 29.5% | 45.45% |
2020 | 12.7% | 2.0% | 138.5% | 93.42% |
2019 | 30.0% | 7.8% | 44.4% | 50.00% |
NAV & Total Return History
ICHKX - Holdings
Concentration Analysis
ICHKX | Category Low | Category High | ICHKX % Rank | |
---|---|---|---|---|
Net Assets | 22.6 M | 834 K | 5.63 B | 72.16% |
Number of Holdings | 32 | 27 | 1176 | 95.88% |
Net Assets in Top 10 | 9.54 M | 477 K | 3.28 B | 67.01% |
Weighting of Top 10 | 38.85% | 5.7% | 85.4% | 72.16% |
Top 10 Holdings
- COMMON STOCK 4.89%
- COMMON STOCK 4.01%
- COMMON STOCK 3.95%
- COMMON STOCK 3.94%
- COMMON STOCK 3.83%
- COMMON STOCK 3.76%
- COMMON STOCK 3.75%
- COMMON STOCK 3.61%
- COMMON STOCK 3.59%
- COMMON STOCK 3.52%
Asset Allocation
Weighting | Return Low | Return High | ICHKX % Rank | |
---|---|---|---|---|
Stocks | 99.94% | 51.72% | 100.63% | 10.31% |
Cash | 0.06% | 0.00% | 33.85% | 95.88% |
Preferred Stocks | 0.00% | 0.00% | 2.47% | 65.98% |
Other | 0.00% | -0.02% | 47.32% | 71.13% |
Convertible Bonds | 0.00% | 0.00% | 0.15% | 65.59% |
Bonds | 0.00% | 0.00% | 0.00% | 65.98% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ICHKX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 21.90% | 0.00% | 95.37% | 60.22% |
Industrials | 19.24% | 0.00% | 36.69% | 20.43% |
Financial Services | 13.05% | 0.00% | 41.62% | 60.22% |
Technology | 11.85% | 0.00% | 58.02% | 45.16% |
Communication Services | 11.44% | 0.00% | 41.06% | 50.54% |
Healthcare | 9.88% | 0.00% | 100.00% | 26.88% |
Consumer Defense | 7.77% | 0.00% | 20.13% | 48.39% |
Real Estate | 4.88% | 0.00% | 22.12% | 15.05% |
Utilities | 0.00% | 0.00% | 11.37% | 84.95% |
Energy | 0.00% | 0.00% | 19.38% | 81.72% |
Basic Materials | 0.00% | 0.00% | 19.86% | 93.55% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ICHKX % Rank | |
---|---|---|---|---|
Non US | 87.56% | 0.00% | 99.86% | 71.13% |
US | 12.38% | 0.00% | 100.63% | 12.37% |
ICHKX - Expenses
Operational Fees
ICHKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.82% | 0.09% | 14.63% | 31.96% |
Management Fee | 1.00% | 0.09% | 1.50% | 90.72% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.06% | 0.25% | 11.76% |
Sales Fees
ICHKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
ICHKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 2.00% | 2.00% | 80.00% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ICHKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 29.82% | 4.00% | 241.00% | 30.38% |
ICHKX - Distributions
Dividend Yield Analysis
ICHKX | Category Low | Category High | ICHKX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.67% | 0.00% | 8.89% | 64.95% |
Dividend Distribution Analysis
ICHKX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
ICHKX | Category Low | Category High | ICHKX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.20% | -1.76% | 3.66% | 40.86% |
Capital Gain Distribution Analysis
ICHKX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 08, 2023 | $0.095 | OrdinaryDividend |
Dec 02, 2022 | $0.131 | OrdinaryDividend |
Dec 03, 2021 | $4.097 | OrdinaryDividend |
Dec 04, 2020 | $0.526 | OrdinaryDividend |
Dec 06, 2019 | $0.433 | OrdinaryDividend |
Dec 06, 2019 | $0.046 | CapitalGainShortTerm |
Dec 06, 2019 | $0.547 | CapitalGainLongTerm |
Dec 06, 2018 | $0.176 | CapitalGainShortTerm |
Dec 06, 2018 | $1.883 | CapitalGainLongTerm |
Dec 06, 2018 | $0.312 | OrdinaryDividend |
Dec 08, 2017 | $0.237 | CapitalGainShortTerm |
Dec 08, 2017 | $1.397 | CapitalGainLongTerm |
Dec 08, 2017 | $0.162 | OrdinaryDividend |
Dec 29, 2016 | $0.272 | OrdinaryDividend |
Dec 06, 2016 | $0.742 | CapitalGainLongTerm |
Dec 22, 2015 | $1.935 | CapitalGainLongTerm |
Dec 22, 2015 | $0.453 | OrdinaryDividend |
Dec 30, 2014 | $0.004 | CapitalGainShortTerm |
Dec 30, 2014 | $6.124 | CapitalGainLongTerm |
Dec 30, 2014 | $0.450 | OrdinaryDividend |
Dec 27, 2013 | $0.440 | CapitalGainLongTerm |
Dec 27, 2013 | $0.429 | OrdinaryDividend |
Dec 27, 2012 | $0.594 | OrdinaryDividend |
Dec 29, 2011 | $0.402 | CapitalGainShortTerm |
Dec 29, 2011 | $0.914 | CapitalGainLongTerm |
Dec 29, 2011 | $0.198 | OrdinaryDividend |
Dec 30, 2010 | $1.384 | CapitalGainLongTerm |
Dec 30, 2010 | $0.384 | OrdinaryDividend |
Dec 30, 2009 | $0.339 | OrdinaryDividend |
Dec 30, 2009 | $1.107 | CapitalGainLongTerm |
Dec 30, 2008 | $0.075 | CapitalGainLongTerm |
Dec 30, 2008 | $0.526 | OrdinaryDividend |
Dec 28, 2007 | $0.097 | CapitalGainLongTerm |
Dec 28, 2007 | $0.587 | OrdinaryDividend |
Dec 13, 2006 | $0.010 | OrdinaryDividend |
Dec 13, 2005 | $0.828 | OrdinaryDividend |
Dec 13, 2004 | $0.273 | OrdinaryDividend |
ICHKX - Fund Manager Analysis
Managers
Edmund Harriss
Start Date
Tenure
Tenure Rank
Apr 29, 1998
24.1
24.1%
Edmund has managed Asian Funds since 1994 both from London and from Hong Kong. Edmund worked for ten years from 1993 for Guinness Flight, which became Investec after the merger in 1998. After joining the Far East Investment Desk in 1994, he served as a member of the investment team managing the China & Hong Kong Fund (now the Guinness Atkinson China & Hong Kong Fund, for US investors). He moved to Hong Kong and became the Fund’s lead manager in 1998. In addition, Edmund has managed the Guinness Atkinson Asia Focus Fund (for US investors) since 2003, and the Guinness Atkinson Asia Pacific Dividend Fund (for US investors) since its inception in 2006. Edmund graduated from Christ Church, University of Oxford, with a Master’s degree in Management Studies and has a Bachelor’s degree in History from the University of York. He is also an Associate of the Society of Investment Professionals. Edmund is manager of the Guinness China & Hong Kong Fund, and lead manager of the Guinness Asian Equity Income Fund.
Sharukh Malik
Start Date
Tenure
Tenure Rank
May 01, 2021
1.08
1.1%
Sharukh Malik joined Guinness Atkinson™ as an analyst in October 2015. He graduated from the University of Cambridge with a degree in Economics in 2014. He is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 24.1 | 3.69 | 3.22 |