CSOP relaunched CSOP Bloomberg China Treasury + Policy Bank Bond Index ETF (RMB Counter Stock Code: 83199, HKD Counter Stock Code: 3199) In Partnership With ICBC AM (Global) – Boosting The ETF AUM To Over RMB 5 Billion

HONG KONG, Nov 16 (Bernama-BUSINESS WIRE) — CSOP Asset Management Limited (“CSOP”) relaunched its first fixed income ETF— CSOP Bloomberg China Treasury + Policy Bank Bond Index ETF (RMB Counter Stock Code: 83199, HKD Counter Stock Code: 3199) by introduction of ICBC Asset Management (Global) Company Limited (“ICBC AM (Global)”), a wholly-owned subsidiary of Industrial and Commercial Bank of China (Asia) Limited (“ICBC (Asia)”), as the non-discretionary advisor. The relaunch has already attracted sizable additional investments from multiple institutional investors, boosting its asset under management to USD 785 million¹, equivalent to over RMB 5 billion, strengthening its leadership as one of the world’s largest Chinese government bond ETFs. Listed as early as February 2014, 3199.HK has achieved returns of 30.54%.² As of 31 August 2021, its average yield to maturity is 2.90% and effective duration is 5.86.³ Strengthened by ICBC AM (Global)’s leading expertise in China’s fixed income market, 3199.HK will continue to offer investment opportunities of China’s fast growing onshore government bond market.

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