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Morningstar

Guinness Atkinson Renminbi Yuan & Bond GARBX

Morningstar Medalist Rating
Medalist Rating as of | See Guinness Atkinson Investment Hub
  • NAV / 1-Day Return 11.13  /  0.36 %
  • Total Assets 4.3 Mil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Emerging-Markets Local-Currency Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 1.70%
  • Effective Duration —

USD | NAV as of Jun 08, 2023 | 1-Day Return as of Jun 08, 2023, 10:15 PM GMT+0

Morningstar’s Analysis GARBX

Will GARBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GARBX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the GARBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of GARBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Guinness Atkinson Renminbi Yuan& Bond's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings GARBX

More GARBX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 22
  • Other Holdings 2
  • % Assets in Top 10 Holdings 50.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Yuan Renminbi China Offshore

12.49
576,440
Cash and Equivalents

First Abu Dhabi Bank P.J.S.C 3.4%

12.35
570,250
Corporate

BMW Finance N.V. 2.8%

9.38
432,737
Corporate

Standard Chartered PLC 4.35%

6.28
289,866
Corporate

CBQ Finance Limited 4

6.27
289,415
Corporate

Export-Import Bank of Korea 4.5%

3.17
146,225
Government

Agricultural Development Bank of China 3.4%

3.16
145,645
Government

China Development Bank 3.23%

3.15
145,441
Government

China Development Bank 3.03%

3.14
144,708
Government

Bank of Communications Company Limited, Hong Kong Branch 3.2%

3.13
144,687
Government