CSOP Huatai-PineBridge CSI Photovoltaic Industry ETF Disclaimer

南方東英華泰柏瑞中證光伏產業ETF免責聲明

 

Product Risk Disclosure

CSOP Huatai-PineBridge CSI Photovoltaic Industry ETF (the “Sub-Fund”) is a sub-fund of the CSOP ETF Series OFC, which is a public umbrella open-ended fund company established under Hong Kong law with variable capital with limited liability and segregated liability between sub-funds. The Sub-Fund is a feeder fund and a passively managed index tracking exchange traded fund (“ETF”) authorised under Chapters 7 and 8.6 of the Code on Unit Trusts and Mutual Funds. The shares of the Sub-Fund (the “Shares”) are traded on the Stock Exchange of Hong Kong Limited (the “SEHK”) like stocks. 

The Sub-Fund is a feeder fund which in seeking to achieve its investment objective, will invest at least 90% of its NAV in the Huatai-PineBridge CSI Photovoltaic Industry ETF (the “Master ETF”) via the RQFII status granted to the Manager. Investment in units of the Master ETF by the Sub-Fund will be made via the secondary market (i.e. through the SSE).The Master ETF is an exchange traded fund listed on the SSE that tracks the performance of the Index. The Master ETF is authorised by the SFC for the sole purpose of being master fund of the Sub-Fund and will not be directly offered to the public in Hong Kong.

  • The Sub-Fund and the Master ETF are not principal guaranteed and your investments may suffer losses. There is no assurance that the Sub-Fund and the Master ETF will achieve their respective investment objectives.
  • The Sub-Fund invests substantially in the Master ETF, and may therefore be subject to the risks associated with the Master ETF. The performance of the Sub-Fund depends on the price of the Master ETF. The ability of the Sub-Fund to meet its investment objective is also largely dependent on the Master ETF.
  • Companies related to the photovoltaic industry or photovoltaic industrial chain may be subject to significant volatility in growth rates due to rapidly changing market conditions and/or participants, more advanced or new technologies, new competing products and/or enhancements in existing products. The photovoltaic industry is heavily dependent on patents and intellectual property rights and/or licences. The profitability of companies related to the photovoltaic industry may be adversely impacted by the loss or impairment of these intellectual property assets. 
  • The trading price of the Shares on the SEHK is driven by market factors such as the demand and supply of the Shares. Therefore, the Shares may trade at a substantial premium or discount to the Sub-Fund’s NAV.

Please note that the above listed investment risks are not exhaustive and investors should read the relevant Prospectus and Product Key Facts Statement in detail before making any investment decision.

產品風險提示

南方東英華泰柏瑞中證光伏產業ETF(「子基金」)是南方東英交易所買賣基金系列開放式基金型公司(「本公司」)的子基金,本公司是根據香港法例成立,具有可動股本、有限責任且與子基金之間的法律責任分隔的公眾傘子開放式基金型公司。子基金是《單位信託及互惠基金守則》第7及第8.6章的聯接基金及被動式管理指數追踨交易所買賣基金(「ETF」)。子基金的股份(「股份」)如股票般於香港聯合交易所有限公司(「聯交所」)買賣。

子基金為聯接基金,為尋求達致其投資目標,將透過基金經理的RQFII資格至少投資其90%的資產淨值於華泰柏瑞中證光伏產業ETF(「主ETF」)。子基金將透過二級市場(即透過上交所)對主ETF的單位作出投資。主ETF屬於追踪指數表現的在上交所上市的交易所買賣基金。主ETF為證監會僅就作為子基金的主基金認可的基金,將不會直接發售予香港公眾人士。

  • 子基金及主ETF並不保證本金獲得償付,而閣下的投資或會蒙受損失。概不保證子基金及主ETF將達致各自的投資目標。
  • 子基金主要投資於主ETF,因此可能承受與主ETF有關的風險。子基金表現取決於主ETF的價格。子基金達成其投資目標的能力亦在很大程度上取決於主ETF。
  • 由於市況及/或參與者迅速變化、更先進或更新的技術、新的競爭產品及/或現有產品升級,光伏行業或光伏產業鏈相關公司的增長率可能會大幅波動。光伏行業對專利及知識產權及/或牌照極為依賴。光伏行業相關公司的盈利能力可能因該等知識產權的損失或減值而受到不利影響。
  • 股份於聯交所的買賣價格視乎股份供求情況等市場因素而定。因此,股份可能以子基金資產淨值的大幅溢價或折價買賣。

請注意,以上列出的投資風險並非詳盡無遺,投資者應在作出任何投資決定前詳細閱讀子基金的章程及產品資料概要。