This exchange-traded fund typically allocates a minimum of 80% of its total assets, including any borrowed capital for investment, to equity instruments issued by companies primarily located in China. Its core holdings encompass various forms of equity, such as ordinary shares, preference shares, American Depositary Receipts (ADRs), and real estate investment trusts (REITs). The fund maintains the flexibility to invest in businesses of any market capitalization. Additionally, it may employ exchange-traded funds (ETFs) to equitize cash and can engage in securities lending. Periodically, the portfolio might concentrate its investments within particular industry sectors, for example, the financial services or consumer discretionary industries. This investment vehicle is classified as non-diversified.

DiDi Global Inc.

Financial Services

Industrials

Technology

Consumer Cyclical

Basic Materials

Consumer Defensive

Healthcare

Communication Services

Real Estate

Utilities

Rayliant Quantamental China Equity ETF

RAYC Holdings & Sector Breakdown