BNP Paribas China Equity Trust - Managed Fund (Closed)

Fund Objective

The Trust seeks to increase the value of its assets over the medium term by investing in shares issued by Chinese, Hong Kong or Taiwanese companies, or companies operating in those countries.

Fund Strategy

The Trust will be primarily invested by the Delegated Investment Manager in the Underlying Fund to achieve its investment objective. The Underlying Fund provides exposure to BNP Paribas Asset Management's active, high conviction, Bottom-up stock picking approach covering the All-China equity universe (e.g. China onshore (A-Shares) and offshore (H-shares, Hong Kong-listed, Taiwan-listed and US ADRs)).

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-6.52%	-12.69%	-9.61%	-13.29%	-21.86%	-%	-%	-%
Growth return	-6.52%	-12.69%	-9.61%	-13.29%	-21.86%	-%	-%	-%
Income return	0%	0%	0%	0%	0%	-%	-%	-%
Market index (MSCI AC Golden Dragon NR AUD)
Total return	-0.19%	-0.94%	15.02%	24.82%	29.81%	18.4%	5.83%	9.88%

As at 30 Nov 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BNP Paribas China Equity Trust

Cash: 0.17%

Alternatives: 99.83%

International Equities: 0%

Average Allocation of Peers

Cash: 16.48%

Alternatives: 0%

International Equities: 83.52%

General Information

Fund Details

Type	Description
Fund Name	BNP Paribas China Equity Trust
Fund Status	Closed
Responsible Entity	Equity Trustees Ltd
APIR Code	ETL7626AU
Sector/Asset Class	Equity Greater China
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	30 Aug 2021
Fund Size	n/a
Entry Price	$0.6164 (as at 8 Dec 2023)
Exit Price	$0.6164 (as at 8 Dec 2023)
Fund Status	Finalised

Offer information

Type	Description
MER	1.29% (as at 13 Oct 2023)
Minimum initial investment	$25,000

Top 10 holdings (as at 31 Oct 2023)

Holding (as at 31 Oct 2023)	Type	% of Portfolio
BNP Paribas China Eq X AUD C	Mutual Fund - Open End	99.76%
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FAQs about the BNP Paribas China Equity Trust

What is the objective of the BNP Paribas China Equity Trust managed fund?

The objective of the BNP Paribas China Equity Trust managed fund is The Trust seeks to increase the value of its assets over the medium term by investing in shares issued by Chinese, Hong Kong or Taiwanese companies, or companies operating in those countries.

What is the strategy for the BNP Paribas China Equity Trust managed fund?

The strategy of the BNP Paribas China Equity Trust managed fund is The Trust will be primarily invested by the Delegated Investment Manager in the Underlying Fund to achieve its investment objective. The Underlying Fund provides exposure to BNP Paribas Asset Management's active, high conviction, Bottom-up stock picking approach covering the All-China equity universe (e.g. China onshore (A-Shares) and offshore (H-shares, Hong Kong-listed, Taiwan-listed and US ADRs)).

What is the APIR code of the BNP Paribas China Equity Trust managed fund?

The APIR code of the BNP Paribas China Equity Trust managed fund is ETL7626AU.

What was BNP Paribas China Equity Trust’s total return last month?

BNP Paribas China Equity Trust’s total return last month was -6.52%. This was made up of a growth return of -6.52% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

What was BNP Paribas China Equity Trust’s total return for the last three months?

BNP Paribas China Equity Trust’s total return for the last three months was -12.69%. This was made up of a growth return of -12.69% and an income return of 0%%. These returns were calculated as at 30 Nov 2023.

What is BNP Paribas China Equity Trust’s one-year total return?

BNP Paribas China Equity Trust’s one-year total return is -13.29%. This was made up of a growth return of -13.29% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

What is BNP Paribas China Equity Trust’s three-year total return?

BNP Paribas China Equity Trust’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2023.

What is the asset allocation of the BNP Paribas China Equity Trust managed fund?

The asset allocation of the BNP Paribas China Equity Trust managed fund is :

Cash: 0.17%

Alternatives: 99.83%

International Equities: 0%

Who is the responsible Entity of the BNP Paribas China Equity Trust managed fund?

The Responsible Entity for the BNP Paribas China Equity Trust managed fund is Equity Trustees Ltd.

What sector/asset class does the BNP Paribas China Equity Trust managed fund belong to?

The BNP Paribas China Equity Trust managed fund belongs to the Equity Greater China sector/asset class.

What is the size of the BNP Paribas China Equity Trust managed fund?

As at , the size of the BNP Paribas China Equity Trust managed fund was $ million.

What is the inception date of the BNP Paribas China Equity Trust managed fund?

The BNP Paribas China Equity Trust managed fund has an inception date of 30 Aug 2021.

What is the current entry price of the BNP Paribas China Equity Trust managed fund?

The current entry price of the BNP Paribas China Equity Trust managed fund is $0.6164 per unit and the current exit price is $0.6164 per unit (as at 8 Dec 2023).

What is the current exit price of the BNP Paribas China Equity Trust managed fund?

The current exit price of the BNP Paribas China Equity Trust managed fund is $0.6164 per unit and the current entry price is $0.6164 per unit (as at 8 Dec 2023).

What is the minimum investment amount for the BNP Paribas China Equity Trust managed fund?

The minimum initial investment amount for the BNP Paribas China Equity Trust managed fund is $25,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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