3181 HK / 9181 HK

Premia Asia Innovative Technology ETF

[*] Market prices are provided on a 15-minute delayed basis. IOPV calculations and delayed market data as shown on the Hong Kong Website (the “data”) provided by ICE Data Services, see ICE Limitations. Powered by Factset. ICE Data Services and HKEX Information Services Limited, and their respective holding companies and/or any subsidiaries of such holding companies, do not guarantee the accuracy or reliability of the data provided and accept no liability (whether in tort or contract or otherwise) for any loss or damage you may suffer or incur arising out of or in connection with your use of the data, including loss or damage which arises out of the data being inaccurate, incomplete or delayed, and however such loss or damage arises. You acknowledge that the data is provided for information only and should not be relied upon for any purpose.

Important Notice

IMPORTANT: Investment involves risk, including the loss of principal. Investors should refer to the Prospectus and Key Facts Statement of the Premia Asia Innovative Technology ETF (“ETF”) for details, including the risk factors. Investors should not base investment decisions on this marketing material alone. Investors should note: The ETF aims to provide investment results that, before fees and expenses, closely correspond to the performance of Premia FactSet Asia Innovative Technology Index (“Index”). There can be no assurance that the ETF will achieve its investment objective.
Emerging markets risk The Sub-Fund invests in emerging markets which may involve increased risks and special considerations not typically associated with investment in more developed markets, such as liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk, currency devaluation, inflation and the likelihood of a high degree of volatility.
Technology sector and concentration risk Due to the concentration of the Index in the technology sector, the performance of the Index may be more volatile when compared to other broad-based stock indices. The price volatility of the Sub-Fund may be greater than the price volatility of exchange traded funds tracking more broad-based indices.
Software, internet and related services industries risks Many of the companies in the software, internet and related services industries have a relatively short operating history. Rapid changes could render obsolete the products and services offered by the companies in which the Sub-Fund invests and cause severe or complete declines in the prices of the securities of those companies. The internet business is subject to complex laws and regulations which are subject to change and uncertain interpretation.
Consumption sector risk The performance of companies active in the consumer sector are correlated to the growth rate of the Asian consumer market, individual income levels and their impact on levels of domestic consumer spending in the Asian markets, which in turn depend on the worldwide economic conditions. These companies may also be subject to government regulation affection production methods, which may have an adverse impact on their operating results and profit margin.
Risks associated with N-Shares Companies issuing N-Shares often have business operations in PRC and are subject to certain political and economic risks in the PRC. The American stock market may behave very differently from the PRC stock market, and there may be little to no correlation between the performance of the two.
Risks associated with P-Chips P-Chips are subject to risks similar to those associated with investments in H-Shares. They are also subject to risks affecting their jurisdiction of incorporation, including any legal or tax changes.
Risks associated with Red Chips Investing in Red Chips involves risks that political changes, social instability, regulatory uncertainty, adverse diplomatic developments, asset expropriation or nationalisation, or confiscatory taxation could adversely affect the performance of Red Chip companies. Red Chip companies may be less efficiently run and less profitable than other companies.
Risks associated with depositary receipts Exposure to depositary receipts including American Depository Receipts (“ADRs”) may be subject to risks such as non-segregation under applicable law of the depositary bank who hold the underlying stock as collateral and its own assets. Holders of depositary receipts are not direct shareholders of the underlying company and generally do not have voting and other shareholder rights as shareholders do. The Sub-Fund may also be subject to liquidity risk as depositary receipts are often less liquid than the corresponding underlying stocks.
ChiNext market risks The Sub-Fund’s investments in the ChiNext market of the SZSE may result in significant losses for the Sub-Fund and its investors. Risks include higher fluctuation on stock prices, over-valuation risk and differences in regulation and delisting risk.

Why 3181 HK / 9181 HK?

1.     Capture Asian Innovation Megatrends in one product: Digital Transformation, Healthcare Innovation, and Robotics & Automation
2.     Target technology-enabled innovation leaders in Asia: revenue-based company selection in partnership with FactSet
3.     Cost efficient exposure: ongoing expenses of only 0.5% p.a.
4.     To learn more about this strategy, click here

Fund Objective and Investment Strategy

NAV and Intraday Estimated NAV

Key Facts

Fund Inception Date
Aug 1, 2018
Fund Listing Date
Aug 6, 2018
Fund Financial Year End
31st December
Distribution Policy
Annual Distribution
Management Fees
0.50% per annum
Underlying Index
Premia FactSet Asia Innovative Technology Index
Index Ticker
PFAITN Index
Index Provider
FactSet Research Systems Inc.
Type of Index
Net Total Return Index
Base Currency
USD
Exchange
SEHK – Main Board
Stock Code
3181 HK (HKD Counter)
9181 HK (USD Counter)
ISIN
HK0000433398
(3181 HK)
HK0000433406
(9181 HK)
SEDOL
BZ56Q32 (3181 HK)
BZ56Q21 (9181 HK)
Lot Size
50 units (HKD Counter)
50 units (USD Counter)
Trading Currency
HKD/USD
Shares Outstanding
(As of Dec 11, 2018)
800,000.00
Fund Size
(As of Dec 11, 2018)
6 million(USD)

Participating Dealers

China Merchants Securities (HK) Co., Limited
Goldman Sachs (Asia) Securities Limited
Haitong International Securities Company Limited
Merrill Lynch Far East Limited
ABN AMRO Clearing Hong Kong Limited
Canfield Securities Company Limited
Guotai Junan Securities (Hong Kong) Limited
(7 total)
1

Market Makers (HKD & USD)

Commerz Securities Hong Kong Limited
Flow Traders Hong Kong Limited
(2 total)
1

Performance

Performance Chart
YTD
6-month
1-year
Since Listing
No performance data would be displayed within the first 6 months of inception

The fund is listed for less than a full calendar year, there is insufficient data to provide a useful indication of past performance to investors.
Past performance information is not indicative of future performance. Investors may not get back the full amount invested.
The computation basis of the performance is based on the calendar year end, NAV-to-NAV, with dividend reinvested.
These figures show by how much the fund increased or decreased in value during the period shown.
Performance data has been calculated in USD including ongoing charges and excluding trading costs on SEHK you might have to pay.
Where no past performance is shown there was insufficient data available in that year to provide performance.

Cumulative
Calendar Year
YTD 1-month 3-month 6-month Since Listing
Premia Asia Innovative Technology ETF
(as of Dec 11, 2018)
No performance data would be displayed within the first 6 months of inception
Premia FactSet Asia Innovative Technology Index
(as of Dec 11, 2018)

The fund is listed for less than a full calendar year, there is insufficient data to provide a useful indication of past performance to investors.
Past performance information is not indicative of future performance. Investors may not get back the full amount invested.
The computation basis of the performance is based on the calendar year end, NAV-to-NAV, with dividend reinvested.
These figures show by how much the fund increased or decreased in value during the period shown.
Performance data has been calculated in USD including ongoing charges and excluding trading costs on SEHK you might have to pay.
Where no past performance is shown there was insufficient data available in that year to provide performance.

Tracking Difference and Tracking Error
Tracking Difference (TD)
Tracking difference is the return difference between an ETF and its underlying benchmark / index over a certain period of time
Tracking Error (TE)
Tracking error measures how consistently an ETF follows its benchmark / index. It is the volatility (measured by standard deviation) of that return difference.
Graph for Tracking Difference
YTD
6-month
1-year
Since Listing
Fund Listing Date
Aug 6, 2018
Estimated Annual Tracking Difference
0.50%
Actual TD since listing date:
as of Nov 30, 2018
0.20%
Since Listing on
Aug 6, 2018
2018
(from listing date)
Tracking Difference(%)
as of Nov 30, 2018
0.20% -

The Sub-Fund's performance is calculated on an NAV to NAV basis and assumes reinvestment of distribution (where applicable).

Recent Distribution
Ex Date [1]
-
Dividend (USD per unit)
(all distributions will be in USD only)
Yield (%) [2]
%
Dividend paid out of net distribution income [3]
%
Dividend effectively paid out of capital [4]
%
[1]
Warning: Please note that a positive distribution yield does not imply a positive return. Investors should not make any investment decision solely based on information contained in the "Recent Distribution" table above. You should read the relevant offering document (including the key facts statement) of the Sub-Fund for further details including the risk factors.
[2]
Yield is calculated based on the dividend per unit divided by the ex-date NAV per unit. It is for reference only and does not represent the performance of the Sub-Fund. All dollar amounts are in HKD unless otherwise stated.
[3]
The net distributable income is the net investment income (i.e. include dividend income and interest income net of fees and expenses) based on unaudited management accounts.
[4]
The Sub-Fund pays dividend out of gross income while charging/paying all or part of the Sub-Fund’s fees and expenses to/out of the capital of the Sub-Fund, resulting in an increase in distributable income for the payment of dividends by the Sub-Fund and therefore, the Sub-Fund may effectively pay dividend out of capital.

Portfolio Holdings

As of Dec 11, 2018
Column Chooser
Name
Number of Shares Held
Market Price (USD)
Weight %
EISAI CO LTD 2,400.00 85.12 3.16%
DELTA ELECTRONICS INC 46,000.00 4.14 2.95%
CHUGAI PHARMACEUTICAL CO LTD 3,000.00 63.26 2.93%
DAIICHI SANKYO CO LTD 5,300.00 35.17 2.88%
SONY CORP 3,600.00 50.60 2.82%
NETEASE INC-ADR 738.00 237.91 2.72%
TAIWAN SEMICONDUCTOR MANUFAC 23,000.00 7.20 2.56%
SAMSUNG SDI CO LTD 918.00 180.08 2.56%
RECRUIT HOLDINGS CO LTD 6,100.00 26.54 2.51%
ASTELLAS PHARMA INC 11,000.00 14.46 2.46%
(50 total)
1
2
3
4
5

Holdings are subject to change.

Sector Exposure

As of Dec 11, 2018

This graph shows 99.12 % of the total weight.

As a percentage of NAV of the Sub-Fund, please note this data excludes underlying investments of any exchange traded funds that may be invested by the Sub-Fund.

Based on Global Industry Classification Standard (GICS)

The sum of all the allocation percentages shown in the table above may not be equal to 100% due to rounding or omissions of holdings of less than 1%.

Allocations are subject to change.

Country Exposure

As of Dec 11, 2018

This graph shows 99.12 % of the total weight.

Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the country where the issuer of the securities carries out much of their business. Due to rounding, the total may not be equal to 100%.  As a percentage of NAV of the Fund.

This website is owned and managed by Premia Partners Company Limited ("Premia Partners") . Premia Partners reserves the right to change, modify, add or delete any content and the terms & conditions of use of this website without notice. Users are advised to periodically review the contents of this website to be familiar with any modifications.
ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.The performance figures contained on this website are for information purposes only. Past performance is not indicative of future performance.Persons interested in investing in the Funds should read the relevant fund offering documents (including the full text of the risk factors stated therein) in details before making any investment decision.
This website is prepared by Premia Partners and has not been reviewed by the Securities and Futures Commission.
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