AGOV

Fund Description
The Fund is an actively-managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing in local currency bonds issued by national governments (i.e., sovereign bonds) and instrumentalities or political sub-divisions (i.e., quasi-sovereign bonds) in the Asia-Pacific region ( Asia-Pacific government bonds ). Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in Asia-Pacific government bonds. The Fund also may invest in bonds issued by supranational entities such as the World Bank, Asia Development Bank, and Asian Infrastructure Bank (i.e., supranational bonds). The Fund may invest without limit in securities of issuers in emerging markets, including frontier markets. The Asia-Pacific government bonds in which the Fund expects to invest are those from China, India, Indonesia, Singapore, South Korea, Russia, Japan, Malaysia, Taiwan, Thailand, Hong Kong, the Philippines, Pakistan, Vietnam, Sri Lanka, Kazakhstan, Australia, and New Zealand. Gavekal Capital Limited, the Fund s sub-adviser (the Sub-Adviser ), currently expects to allocate at least 3% of the Fund s total assets to Asia-Pacific government bonds of each country. The list of countries in which the Fund may invest may change from time to time to include other countries in the Asia-Pacific region.
Fund Profile
Fund Name ETC Gavekal Asia Pacific Government Bond ETF
Fund Exchange Ticker AGOV
Fund Sponsor Exchange Traded Concepts
Fund ISIN US30151E6573
Net Expense Ratio 0.50 %
Fund Inception Date 21 July 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Treasury & Government
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Emerging Market Funds
Bond Type Treasury & Government
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination Other International Currencies
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 47.16 Million (USD)
1 Month Total Return -2.68 %
Year To Date Return -19.74 %
1 Year Total Return
3 Year Annualized Total Return
NAV 79.26
Share Outstanding 595,000
Top 10 Holdings (27 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
CHINA GOVERNMENT BOND BOND 0.1349426896
INDONESIA GOVERNMENT BOND 0.1088696309
MALAYSIA GOVERNMENT BOND 0.1057389216
INDIA GOVERNMENT BOND BOND 0.0891766519
HONG KONG GOVERNMENT BOND 0.0492238940
SINGAPORE GOVERNMENT BOND 0.0491502789
THAILAND GOVERNMENT BOND BOND 0.0473863696
NEW ZEALAND GOVERNMENT BOND 0.0429194612
AUSTRALIAN GOVERNMENT BOND 0.0425308000
EUROPEAN INVESTMENT BANK BOND 0.0377868137