Invesco Golden Dragon China ETF ETF.com segment: Equity: China - Total Market Competing ETFs: MCHI, GXC, ASHR, KBA, PEK Related ETF Channels: China, Total Market, Broad-based, Single Country, Depositary Receipts, Asia- Pacific, Emerging Markets, Equity, Size and Style Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. B 24 FUND DESCRIPTION The Invesco Golden Dragon China Portfolio ETF tracks a market-cap-weighted index of Chinese stocks. The fund strictly holds US-listed companies that derive a majority of their revenues in China. FACTSET ANALYTICS INSIGHT is a broad cap-weighted fund that strictly holds US-listed Chinese shares. These 'N-shares' can consist of either ADRs of H-shares or Red Chips that trade in Hong Kong, or companies that only list shares in the US. Compared with our 'all-share' MSCI benchmark, severely underweights financials because none of the 'big 4' state-owned Chinese banks is listed in the US. Instead, technology companies like Baidu, NetEase, SINA and Sohu.com make up the bulk of 's concentrated portfolio of 71 holdings. also tilts very small. Retail investors should use limit orders to minimize costs from wider-than-expected spreads. MSCI ESG ANALYTICS INSIGHT The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of November 15, 2018 the Invesco Golden Dragon China ETF MSCI ESG Fund Quality Score is 2.15 out of 10. SUMMARY DATA Issuer Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date Invesco 12/09/04 Open-Ended Fund 0.70% $175.92M $748.50K 0.41% $62.49B 27.86 2.67 2.13% 12/24/18 The fund s Peer Rank reflects the ranking of a fund s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ranks in the 2nd percentile within its peer group and in the 0th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage. Number of Holdings 61 INDEX DATA Index Tracked NASDAQ Golden Dragon China Index Index Weighting Methodology Index Selection Methodology Market Cap Depository Receipts MSCI All China IMI Index
1 Year Daily Price ($) 55.00 50.00 45.00 40.00 35.00 Dec `18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov 200k PERFORMANCE [as of 11/15/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS -0.69% -9.41% -22.35% -20.07% 6.47% 4.31% 11.48% (NAV) -5.59% -15.35% -24.92% -22.04% 5.24% 3.98% 11.13% NASDAQ Golden Dragon China Index -- -- -- -- -- -- 11.13% MSCI All China IMI Index -- -- -- -- -- -- -- All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES China United States Hong Kong Singapore 84.24% 8.06% 7.70% -- TOP 10 SECTORS Technology 60.05% Consumer Non-Cyclicals 4.01% Consumer Cyclicals 11.14% Financials 2.37% Industrials 10.64% Healthcare 0.30% Telecommunications Serv 4.13% Utilities 0.10% Energy 4.13% TOP 10 HOLDINGS NetEase, Inc. Sponsored 10.55% TAL Education Group Spo 4.43% Alibaba Group Holding Lt 8.05% ZTO Express (Cayman) In 3.93% Baidu, Inc. Sponsored AD 7.50% 58.com Inc. Sponsored AD 3.81% JD.com, Inc. Sponsored A 6.97% China Mobile Limited Spo 3.66% Ctrip.com International Lt 6.06% New Oriental Education & 3.37% Total Top 10 Weighting 58.33%
PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.70% -0.49% -0.27% -0.59% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% -- Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No Yes 100% / 0% N/A ETN Counterparty Risk N/A Fund Closure Risk Low Portfolio Disclosure Daily
Daily Spread 0.8% FACTSET ANALYTICS BLOCK LIQUIDITY As of 11/16/18 0.6% 0.4% 0.2% 0% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of. is rated a 5 out of 5. Premium/Discount 0.5% TRADABILITY Avg. Daily Share 21,198 0.0% Average Daily $ $748.50K -0.5% Median Daily Share 19,492-1.0% 150k 100k 50k Median Daily ($) Average Spread (%) Average Spread ($) $741.23K 0.41% $0.14 Dec Feb Apr Jun Aug Oct Nov Median Premium / Discount (12 Mo) -0.03% Max. Premium / Discount (12 Mo) 0.39% / -0.65% Impediment to Creations None Market Hours Overlap 100.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 0.39 Creation Unit Cost (%) 0.03% Underlying / Unit 0.15% Open Interest on ETF Options 633 Net Asset Value (Yesterday) $33.51 ETF.com Implied Liquidity 5
SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Technology 60.05% 21.96% Consumer Cyclicals 11.14% 10.12% Industrials 10.64% 9.90% Telecommunications Services 4.13% 2.48% NetEase, Inc. Sponsored ADR Alibaba Group Holding Ltd. Sponsored ADR Baidu, Inc. Sponsored ADR Class A JD.com, Inc. Sponsored ADR Class A Ctrip.com International Ltd Sponsored ADR TAL Education Group Sponsored ADR Class A 10.55% 8.05% 7.50% 6.97% 6.06% 4.43% ZTO Express (Cayman) Inc. Sponsored ADR Class A 3.93% Goodness of Fit (R2) Beta Up Beta Down Beta Downside Standard Deviation 0.26 0.69 0.77 0.53 1.56% MSCI All China IMI Index Energy 4.13% 4.36% 58.com Inc. Sponsored ADR Class A 3.81% Consumer Non- Cyclicals 4.01% 6.86% Financials 2.37% 27.97% China Mobile Limited Sponsored ADR 3.66% New Oriental Education & Technology Group, Inc. Sponsored ADR 3.37% Total Top 10 Weighting 58.33% MSCI ESG RATINGS MSCI ESG Quality Score Peer Group Percentile Rank 2.15 / 10 1.85 Healthcare 0.30% 5.01% Global Percentile Rank 0.06 Utilities 0.10% 2.97% SRI Screening Criteria Exposure 0.37% COUNTRIES China 84.24% 53.29% United States 8.06% 0.53% Hong Kong 7.70% 46.06% Singapore -- 0.11% REGIONS Asia-Pacific 91.94% 99.47% North America 8.06% 0.53% Exposure to Sustainable Impact Solutions Weighted Average Carbon Intensity (t CO2e/$M Sales) BENCHMARK COMPARISON HOLDINGS Number of Holdings Constituents Shared Holdings Shared Holdings Weight 7.23% 76.05 61 2428 47 15.23% ECONOMIC DEVELOPMENT BENCHMARK COMPARISON SUMMARY Emerging Countries 84.24% 53.29% Developed Countries 15.76% 46.71% Number of Holdings Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Dividend Yield 61 2428 $62.49B $90.77B 27.86 12.97 2.67 1.58 0.50% 2.20% Concentration High Low
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