The United SSE 50 China ETF (the "Fund"), aims to provide investment results that, before fees, costs and expenses (including any taxes and withholding taxes), closely correspond to the performance of the SSE 50 Index (the "SSE 50"). The SSE 50 is an index consisting of the 50 largest stocks of good liquidity listed on the Shanghai Stock Exchange ("SSE").
The Managers currently adopt a full replication strategy in respect of the Fund whereby all, or substantially all, of the Fund's assets will be invested in constituent securities of the SSE 50 (the "SSE 50 Securities") in substantially the same weightings as reflected in the SSE 50.
The Fund may make direct investments into A-Shares through the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect and/or through such other schemes which allow direct investments into A-Shares.
The Managers may in their absolute discretion also invest the Fund's assets in non-SSE 50 Securities in order to achieve the Fund's investment objective.
The Fund does not currently intend to invest in warrants, commodities and precious metals. Investors should note however that the Fund may use and invest in financial derivatives. You should refer to paragraph 7.5, 7.6, 7.7 and 9.2.3 of the Prospectus for further information.
Please note that with effect from 1 April 2019, the units of the Fund will be prescribed capital markets products and Excluded Investment Products and the Fund will not invest in any product or engage in any transaction which may cause the units of the Fund not to be regarded as prescribed capital markets products and Excluded Investment Products.
Please refer to section 7.2 of the Prospectus for more information on the Investment Focus and Approach.
Some of the risks specific to an investment in the Fund include:
Please refer to the Prospectus for further details, including a full description of the above risks as well as other risks that may be associated with an investment into units of the United SSE 50 China ETF.
Source : China Securities Index Ltd, Co (as at 30 Jun 2022)
|Managers||UOB Asset Management Ltd|
|Trustee||State Street Trust (SG) Limited|
|Participating Dealer||Phillip Securities Pte Ltd and UOB Kay Hian Pte Ltd|
|Stock Exchange||Singapore Exchange Securities Trading Limited|
|Listing Date||26 November 2009|
|Management Fee 2||Currently 0.45% p.a.|
|Trustee Fee 2||Currently not more than 0.05% p.a.|
|Audit fees, and other fees and charges||Subject to agreement with the relevant parties. Each of the fees or charges may amount to or exceed 0.1% p.a. of the NAV of the Fund, depending on the proportion that each fee or charge bears to the NAV of the Fund.
Please refer to the fund prospectus for more details.
|Trading Size||Buy/sell on SGX: Trading Board Lots of 1 unit
Subscribe/redeem through Participating Dealer: Minimum 100,000 units
|NAV per unit||Please refer to Fund Prices|
|Tracking Difference and Tracking Error||Please refer to Fund Factsheet|
For further information, please call our hotline number at 1800 222 2228 from 8 a.m. to 8 p.m. daily (Singapore time) or email us at UOBAM@UOBGroup.com
1 The information presented is provided by China Securities Index Co., Ltd. The information has not been prepared or independently verified by UOBAM or the Trustee or any of their respective affiliates or advisers in connection with the offering and listing of Units and none of them makes any representation as to, or takes any responsibility for the accuracy, timeliness or completeness of the information contained therein. Any liability for errors or omissions in any part of the information, or for any action taken in reliance on the information contained therein is hereby expressly disclaimed. No warranty of any kind, implied, express or statutory, is given in conjunction with the information displayed.
2 For details on fees and charges (including fees and charges payable on subscriptions), please refer to the Fund's prospectus.
|17 February 2022||Change in Directors of UOBAM|
|17 January 2022||Change in Board Lot Size|
|18 March 2019||Re-Classification of Units as Prescribed Capital Markets Products and Excluded Investment Products and Amendment of Trust Deed|
|26 September 2018||– Change of investment strategy to a full replication strategy and change to fees and charges
– Change of designated market maker to Phillip Securities Pte Ltd
– Change in minimum creation and redemption size to 100,000 Units
|7 November 2017||Announcement of "roll over" of P-Notes|
|4 April 2017||Announcement of retirement of Director|
|31 March 2017||Announcement of appointment of Director|
|24 February 2017||Announcement of change of Trustee, Custodian, Fund Administrator and Registrar|
|11 August 2016||Announcement of appointment of Chairman of Managers|
|7 July 2016||Announcement of appointment of Director|
|20 June 2016||Announcement of resignation of Director|
|20 June 2016||Announcement of appointment of Chief Operating Officer|
|2 June 2016||Announcement of issuance of new P-Notes|
|5 November 2015||Announcement of "roll over" of P-Notes|
|11 May 2015||Retirement of Chief Operating Officer|
|23 April 2015||U.S. Foreign Account Tax Compliance Act|
|27 May 2014||Change to P-Notes Issuer and Market Maker – Announcement of Effective Date|
|14 April 2014||Change to P-Notes Issuer and Market Maker – Postponement|
|28 March 2014||Change to P-Notes Issuer and Market Maker – Effective Date|
|28 February 2014||Change to P-Notes issuer and market maker|
|12 December 2013||Revision to Credit Rating of P-Notes Issuer|
|16 April 2013||Press release issued by Rabobank in relation to changes in its banking business|
|1 March 2013||Appointment of Director|
|19 November 2012||Revision to Credit Rating of P-Notes Issuer|
|9 November 2012||Roll over of P-Notes|
|28 September 2012||Further information to the United SSE 50 China ETF Annual Report 30 June 2012|
|15 June 2012||Revision to Credit Rating of P-Note Issuer|
|22 March 2012||Revision to Credit Rating of P-Note Issuer|
|29 February 2012||Change in Investment Structure|
|31 August 2011||Change in Chief Executive Officer of UOBAM|
|14 April 2010||Disruption and Subsequent Resumption in Market Making|
|25 November 2009||UOB Asset Management Ltd lists first China A-Shares ETF on SGX|
|21 October 2009||UOB Asset Management Ltd Lists the First China A-Shares ETF on SGX|
|June 2022||United SSE 50 China ETF (Annual Report 2022)|
|December 2021||United SSE 50 China ETF (Semi Annual Report 2021)|
|June 2021||United SSE 50 China ETF (Annual Report 2021)|
|December 2020||United SSE 50 China ETF (Semi Annual Report 2020)|
|June 2020||United SSE 50 China ETF (Annual Report 2020)|
|December 2019||United SSE 50 China ETF (Semi Annual Report 2019)|
|June 2019||United SSE 50 China ETF ( Annual Report 2019)|
|December 2018||United SSE 50 China ETF ( Semi Annual Report 2018)|
|June 2018||United SSE 50 China ETF ( Annual Report 2018)|
|December 2017||United SSE 50 China ETF ( Semi Annual Report 2017)|
|June 2017||United SSE 50 China ETF ( Annual Report 2017)|
|December 2016||United SSE 50 China ETF ( Semi Annual Report 2016)|
|June 2016||United SSE 50 China ETF ( Annual Report 2016)|
|December 2015||United SSE 50 China ETF (Semi Annual Report 2015)|
|June 2015||United SSE 50 China ETF (Annual Report 2015)|
|December 2014||United SSE 50 China ETF (Semi Annual Report 2014)|
|June 2014||United SSE 50 China ETF (Annual Report 2014)|
|December 2013||United SSE 50 China ETF (Semi Annual Report 2013)|
|June 2013||United SSE 50 China ETF (Annual Report 2013)|
|December 2012||United SSE 50 China ETF (Semi Annual Report 2012)|
|June 2012||United SSE 50 China ETF (Annual Report 2012)|
|December 2011||United SSE 50 China ETF (Semi Annual Report 2011)|
|June 2011||United SSE 50 China ETF (Annual Report 2011)|
This document is for general information only. It does not constitute an offer or solicitation to deal in units in the Fund ("Units") or investment advice or recommendation and was prepared without regard to the specific objectives, financial situation or needs of any particular person who may receive it.
The information contained in this document, including any data, projections and underlying assumptions, are based upon certain assumptions, management forecasts and analysis of information available and reflects prevailing conditions and UOB Asset Management Ltd’s ("UOBAM") views as of the date of the document, all of which are subject to change at any time without notice. In preparing this document, UOBAM has relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was otherwise reviewed by UOBAM. While the information provided herein is believed to be reliable, UOBAM makes no representation or warranty whether express or implied, and accepts no responsibility or liability for its completeness or accuracy. Nothing in this document shall, under any circumstances constitute a continuing representation or give rise to any implication that there has not been or there will not be any change affecting the Fund. No representation or promise as to the performance of the Fund or the return on your investment is made. Past performance of the Fund or UOBAM and any past performance or prediction, projection or forecast of the economic trends or securities market are not necessarily indicative of the future or likely performance of the Fund or UOBAM. The value of Units and the income from them, if any, may fall as well as rise, and is likely to have high volatility due to the investment policies and/or portfolio management techniques employed by the Fund. Investments in Units involve risks, including the possible loss of the principal amount invested, and are not obligations of, deposits in, or guaranteed or insured by United Overseas Bank Limited ("UOB"), UOBAM, or any of their subsidiary, associate or affiliate ("UOB Group") or distributors of the Fund. The Fund may use or invest in financial derivative instruments and you should be aware of the risks associated with investments in financial derivative instruments which are described in the Fund's prospectus. The UOB Group may have interests in the Units and may also perform or seek to perform brokering and other investment or securities-related services for the Fund.
Investors should note that the Fund is not like a conventional unit trust in that an investor cannot redeem his Units directly with UOBAM and can only do so through the participating dealers, Phillip Securities Pte Ltd and UOB Kay Hian Pte Ltd, (either directly or through a stockbroker) if his redemption amount satisfies a prescribed minimum that will be comparatively larger than that required for redemptions of units in a conventional unit trust. An investor may therefore only be able to realise the value of his Units by selling the Units on the Singapore Exchange Limited ("SGX"). Investors should also note that any listing and quotation of Units on the SGX does not guarantee a liquid market for the Units.
An investment in unit trusts is subject to investment risks and foreign exchange risks, including the possible loss of all or part of the principal amount invested. Investors should read the Fund's prospectus and product highlights sheet, which are available and may be obtained from UOBAM or any of its appointed agents or distributors, before deciding whether to subscribe for or purchase any Units. You are responsible for your own investment decisions. You may wish to seek advice from a financial adviser before making a commitment to invest in any Units, and in the event that you choose not to do so, you should consider carefully whether the Fund is suitable for you.
The Fund is not in any way endorsed, sold, sponsored or promoted by the Shanghai Stock Exchange or China Securities Index Co., Ltd. The Shanghai Stock Exchange and China Securities Index Co., Ltd. make no warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the SSE 50 Index (the "SSE 50"), and/or the figure at which the SSE 50 stands at any particular time on any particular day or otherwise, and/or the accuracy of the SSE 50. The Shanghai Stock Exchange and China Securities Index Co., Ltd. shall not be liable (whether in negligence or otherwise) to any person for any error in the SSE 50 and shall not be under any obligation to advise any person of any error therein.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
UOB Asset Management Ltd Co. Reg. No.198600120Z