CSI 300 Index ETF Overview and Asset Allocation

The CSI 300 Index ETF is a popular investment option in China, tracking the CSI 300 Index.

It's composed of the top 300 stocks listed on the Shanghai and Shenzhen stock exchanges.

The index is a free-float market capitalization-weighted index, meaning the larger companies have a greater influence on the overall performance.

This structure ensures that the ETF holds a diversified portfolio of large-cap stocks.

The CSI 300 Index ETF is designed to provide investors with exposure to the growth potential of China's A-share market.

It's a great way to tap into the country's rapidly expanding economy.

For your interest: Vanguard Total Bond Market Index Etf

The CSI 300 Index ETF has a performance chart that starts from 11 April 2008. The chart is based on the Net Asset Value (NAV) of the fund, which deducts trust fees.

The benchmark used in the graph is set according to the NAV as of the starting point. This means that the performance of the fund is compared to a specific market index.

The performance chart is based on past information and does not guarantee or promise future performance. It's essential to keep this in mind when evaluating the fund's performance.

Here's a summary of the fund's performance over the years:

The fund has shown significant fluctuations in its performance over the years, with some years experiencing significant gains and others experiencing significant losses.

The CSI 300 Index ETF comes with some fees that you should be aware of. The MER (Management Expense Ratio) is 0.73%, while the Management Fee is 0.55%.

The fund also has some expenses that investors need to pay directly, such as the Subscription Fee and the Exchange Fee. These fees are set independently by the Distributors, so you'll need to contact them for more information.

The fund also retains 0.6% of the NAV (Net Asset Value) at the time of redemption.

The Total Expense Ratio (TER) is 0.6024%, which includes the Trust Fee, management fee, and other costs. This TER is based on the period from January 23, 2023, to January 19, 2024.

There are also some risks associated with the fund, such as liquidity risk. This means that the fund could incur unexpected losses if the market size or trading volume is small.

Here's a breakdown of the fees:

The CSI 300 Index ETF has a unique composition and structure that sets it apart from other investment options. The index is composed of the 300 largest and most liquid A-share stocks listed on the Shanghai and Shenzhen Stock Exchanges.

These stocks are selected based on their market capitalization, trading volume, and financial health, and are divided into ten industry sectors. The index's components are reviewed and rebalanced semi-annually to reflect changes in the Chinese stock market.

The CSI 300 Index ETF aims to replicate the performance of the CSI 300 Index, which is calculated based on the market capitalization of the constituent stocks. The fund invests primarily in units of the Underlying ChinaAMC ETF, which seeks to provide investment results that closely correspond to the performance of the CSI 300 Index.

Mackenzie China A-Shares CSI 300 Index ETF invests primarily in units of the Underlying ChinaAMC ETF.

The Underlying ChinaAMC ETF seeks to provide investment results that closely correspond to the performance of the CSI 300 Index, before deduction of fees and expenses.

This investment strategy is designed to help the fund achieve its objective of replicating the CSI 300 Index, or any successor thereto.

By investing in the Underlying ChinaAMC ETF, the fund gains significant exposure to Chinese issuers, which is a key aspect of its overall investment approach.

In the context of the fund's composition, asset allocation is crucial in determining its overall performance. The top holding in the fund is the ChinaAMC CSI 300 Index ETF HKD (3188), which makes up 100% of the fund.

This single holding dominates the fund's asset allocation, indicating a concentrated approach.

The CSI 300 Index is composed of various sub-indices that reflect specific sectors of the market.

These sub-indices include the CSI 300 Energy Index, CSI 300 Materials Index, and CSI 300 Industrials Index, among others.

A total of ten sub-indices exist, each focusing on a particular sector of the market.

Here are the sub-indices listed out:

The CSI 300 Index is also split into the CSI 100 Index and CSI 200 Index, which track the top 100 companies and companies ranked 101st to 300th, respectively.

Broaden your view: Vanguard Nasdaq Etf Index

The CSI 300 Index is composed of the 300 largest and most liquid A-share stocks listed on the Shanghai and Shenzhen Stock Exchanges.

These stocks are selected based on their market capitalization, trading volume, and financial health. The index's components are divided into ten industry sectors.

Here are the ten industry sectors that make up the CSI 300 Index:

Each sector's weight in the index is determined by the aggregate market capitalization of its constituent stocks.

Authorized participants play a crucial role in the creation and redemption of ETFs. They are responsible for facilitating the buying and selling of underlying assets.

The authorized participants listed include ABN AMRO Clearing Tokyo Co., Ltd., BNP Paribas Securities (Japan) Limited, Citigroup Global Markets Japan Inc., Goldman Sachs Japan Co.,Ltd., SMBC Nikko Securities Inc., Nomura Securities Co., Ltd., and Phillip Securities Japan, Ltd.

Daily creation and redemption are based on the ETF's NAV calculated in the early evening.

The Management and Documents section is where you'll find the regulatory documents for the CSI 300 Index ETF. You can access these documents by clicking on the "Regulatory Documents" link.

The documents include fund facts, prospectus and annual information forms, and financial statements. You can view the PFIC Annual Information Statement for 2021 and 2023, as well as the financial statements for the annual and semi-annual periods.

Here are some of the documents you can find in the Regulatory Documents section:

China Securities Co, also known as CSI, is a leading Chinese index provider based in Shanghai, China.

CSI specializes in creating and managing indices and index-related services.

CSI is the Index Provider for the CSI 300 Index, which is comprised of the 300 stocks with the largest market capitalization and liquidity from the entire universe of listed A-shares companies in the People's Republic of China.

CSI calculates the CSI 300 Index level data, which is presented in the local currency, the Chinese yuan.

Mackenzie Investments uses the Bloomberg London Close rate to convert the CSI 300 Index level data to Canadian dollars.

CSI is dedicated to serving the capital market and promoting financial innovation.

The CSI 300 Index is used by the Mackenzie China A-Shares CSI 300 Index ETF as its underlying index.

The CSI 300 Index data is used to determine the Fund's net asset value or "NAV" and market price.

The NAV return and market return are based on the CSI 300 Index data.

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The regulatory documents section of a fund's website is a treasure trove of important information. You can find it by looking for a list of documents linked to a JavaScript file called "fund-resources".

The documents listed include the Fund Facts, Prospectus & Annual Information Form, and various statements and disclosures. For example, the PFIC Annual Information Statement for 2021 and 2023, as well as the Financial Statements for 2023, are all available for download.

Here are some of the specific documents you can find in the regulatory documents section:

Keep in mind that some of these documents may be locked and require authentication to access.