GARBX: Guinness Atkinson Renminbi Yuan & Bond

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

GARBX Guinness Atkinson Renminbi Yuan & Bond


Profile

GARBX - Profile

Vitals

  • YTD Return 0.3%
  • 3 Yr Annualized Return 0.1%
  • 5 Yr Annualized Return -1.4%
  • Net Assets $1.5 M
  • Holdings in Top 10 74.6%

52 WEEK LOW AND HIGH

$11.56
$11.11
$11.72

Expenses

OPERATING RELATED FEES

  • Expense Ratio 6.79%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $10,000
  • IRA $5,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging-Markets Local-Currency Bond

Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 0.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.94%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Guinness Atkinson Renminbi Yuan & Bond Fund
  • Fund Family Name
    Guinness Atkinson
  • Inception Date
    Jun 30, 2011
  • Shares Outstanding
    132213
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Edmund Harriss

Fund Description

The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a combination of Renminbi Yuan-denominated bonds that are issued by corporations and by the Chinese government. It may, when desirable, invest up to 20% of its net assets in convertible securities of companies connected to the China region. The fund also may invest in commercial paper, convertible securities and equity-linked notes, denominated in RMB or Yuan or other currencies. It is non-diversified.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

GARBX - Mutual Fund Categories


Performance

GARBX - Performance

Return Ranking - Trailing

Period GARBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -11.8% 7.0% 4.35%
1 Yr -0.6% -18.7% 11.7% 43.48%
3 Yr 0.1%* -11.3% 5.4% 30.77%
5 Yr -1.4%* -6.4% 3.6% 67.65%
10 Yr N/A* -6.5% -1.5% N/A

* Annualized

Return Ranking - Calendar

Period GARBX Return Category Return Low Category Return High Rank in Category (%)
2019 2.4% -7.4% 20.2% 69.57%
2018 -6.3% -19.3% 0.0% 15.56%
2017 8.8% 2.6% 26.2% 63.89%
2016 -5.2% -5.2% 13.0% 100.00%
2015 -6.4% -21.5% -3.3% 11.76%

Total Return Ranking - Trailing

Period GARBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -11.8% 7.0% 4.35%
1 Yr -0.6% -18.7% 11.7% 43.48%
3 Yr 1.7%* -11.3% 7.2% 10.26%
5 Yr 0.1%* -6.4% 5.0% 76.47%
10 Yr N/A* -5.4% 3.0% N/A

* Annualized

Total Return Ranking - Calendar

Period GARBX Return Category Return Low Category Return High Rank in Category (%)
2019 2.4% -7.4% 20.2% 69.57%
2018 -2.1% -19.3% 0.0% 4.44%
2017 9.8% 4.8% 29.6% 75.00%
2016 -3.5% -3.5% 13.2% 100.00%
2015 -4.0% -18.5% -0.3% 14.71%

NAV & Total Return History


Holdings

GARBX - Holdings

Concentration Analysis

GARBX Category Low Category High GARBX % Rank
Net Assets 1.5 M 31.4 K 1.17 B 97.96%
Number of Holdings 10 1 527 93.48%
Net Assets in Top 10 1.06 M -14.7 K 1.33 B 93.48%
Weighting of Top 10 74.55% 2.9% 100.0% 8.70%

Top 10 Holdings

  1. Export-Import Bank of Korea 4.5% 10.28%
  2. Daimler International Finance BV 10.02%
  3. Franshion Brilliant Limited 2% 9.96%
  4. Far East Horizon Limited 4.9% 9.88%
  5. Arab Petroleum Investment Corp 9.88%
  6. Lenovo Group Ltd 4.95% 9.86%
  7. Shui On Development (Holding) Limited 75% 9.75%
  8. Asian Development Bank 2.85% 4.93%

Asset Allocation

Weighting Return Low Return High GARBX % Rank
Bonds
64.69% -1.46% 79.13% 13.04%
Cash
35.31% -17.90% 110.73% 21.74%
Stocks
0.00% 0.00% 73.28% 69.57%
Preferred Stocks
0.00% 0.00% 0.47% 4.35%
Other
0.00% -9.74% 100.00% 43.48%
Convertible Bonds
0.00% 0.00% 13.84% 15.22%

Expenses

GARBX - Expenses

Operational Fees

GARBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 6.79% 0.92% 13.51% 4.35%
Management Fee 0.55% 0.15% 1.15% 4.08%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.02% 0.25% 18.75%

Sales Fees

GARBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GARBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 25.00%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GARBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 188.64% 2.33%

Distributions

GARBX - Distributions

Dividend Yield Analysis

GARBX Category Low Category High GARBX % Rank
Dividend Yield 0.00% 0.00% 1.21% 10.20%

Dividend Distribution Analysis

GARBX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

GARBX Category Low Category High GARBX % Rank
Net Income Ratio 3.94% -0.61% 8.58% 52.17%

Capital Gain Distribution Analysis

GARBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

GARBX - Fund Manager Analysis

Managers

Edmund Harriss


Start Date

Tenure

Tenure Rank

Jun 30, 2011

9.01

9.0%

Edmund has managed Asian Funds since 1994 both from London and from Hong Kong. Edmund worked for ten years from 1993 for Guinness Flight, which became Investec after the merger in 1998. After joining the Far East Investment Desk in 1994, he served as a member of the investment team managing the China & Hong Kong Fund (now the Guinness Atkinson China & Hong Kong Fund, for US investors). He moved to Hong Kong and became the Fund’s lead manager in 1998. In addition, Edmund has managed the Guinness Atkinson Asia Focus Fund (for US investors) since 2003, and the Guinness Atkinson Asia Pacific Dividend Fund (for US investors) since its inception in 2006. Edmund graduated from Christ Church, University of Oxford, with a Master’s degree in Management Studies and has a Bachelor’s degree in History from the University of York. He is also an Associate of the Society of Investment Professionals.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 17.51 5.69 8.84