The China AMC CSI 300 Index ETF is a growing and robust performer as a consistent index tracker over a multi-year period with an R^2 greater than 85%.

The instrument and investment manager are well established and growing, with assets under management increasing by approximately 25% in the last three years. The ETF is also attractive on the operational side, with a competitive expense ratio at 0.85% and a low bid-ask spread with liquidity provided by over a dozen market makers over the past two years.

The Fund offers exposure to a broad spread of Chinese stocks for the retail and institutional investors and a dividend. It also trades the physical stock rather than underlying derivatives, which we view as attractive from a risk management perspective. The only quibble with the ETF is the relatively high entry cost of the tracker.

This ETF has been reviewed by four industry veterans of the Benchmark judging committee.