CSOP is Bringing its First Quantitative Global Asset Allocation Strategy Embodying UBS CSOP Global Asset Momentum Allocation Index (GAMA Index) to Market

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CSOP is very proud to introduce its first global multi-asset allocation quantitative strategy embodying UBS CSOP Global Asset Momentum Allocation Index (thereafter referred as “GAMA Index”). GAMA Index is a rule-based quantitative investment strategy that was designed to create consistent return with smoothing volatility by deploying risk parity asset allocation and cross asset momentum strategy. Calculated from March 1, 2002, GAMA Index started at 100 and reached to 225.5399 as of March 15, 2019. The back-tested annualized excess return of GAMA Index was 4.91%, volatility 4.26%, sharp ratio 1.15 since March 1, 2002 to March 15, 2019. (Source: CSOP)

UBS CSOP Global Asset Momentum Allocation Index

CSOP GAMA index

With Chinese investor’s increasing appetites to global assets, I am confident that GAMA Index will win both Chinese investors and global investors’ trusts by its consistent performance and smoothing volatility.

CSOP is very proud to introduce its first global multi-asset allocation quantitative strategy embodying UBS CSOP Global Asset Momentum Allocation Index (thereafter referred as “GAMA Index”). GAMA Index is a rule-based quantitative investment strategy that was designed to create consistent return with smoothing volatility by deploying risk parity asset allocation and cross asset momentum strategy. Calculated from March 1, 2002, GAMA Index started at 100 and reached to 225.5399 as of March 15, 2019. The back-tested annualized excess return of GAMA Index was 4.91%, volatility 4.26%, sharp ratio 1.15 since March 1, 2002 to March 15, 2019. (Source: CSOP)

As the first multi-asset allocation quantitative index issued by an offshore Chinese asset manager, GAMA Index is created by one of the industry’s most experienced quantitative portfolio managers who has led to establish one of the most renowned global asset allocation strategies in industry. GAMA Index is his latest creation and included more momentum defining factors. Dynamically allocating investments among 16 different asset classes including equities, fixed income, commodities of 6 major developed economies, GAMA Index aims to enhance the diversification of portfolio to contain the volatility within a minimal range on par with US treasury bonds. Constantly defining the growth momentum of different asset classes according to their past performance, GAMA Index rebalances its portfolio in a scientific way on a regular basis with goal to achieve consistent excessive returns.

GAMA Index was successfully launched in October 2018, and the first fund benchmarked to GAMA Index was introduced in November 2018, with initial funding from proprietary investment, institutional investors and some high net wealth individuals. The fund invests into GAMA Index through index-linked notes issued by USD with 17 times leverage exposure. As at March 15, 2019 the GAMA Index was USD 550million in size and delivered a performance of 3.07%, annualized performance of 10.96%, and volatility of 3.7% since the fund launch. (Source: CSOP)    

“CSOP is well known for its leading position as a passive solution provider to global investors. We have been operating in Hong Kong for a decade and our mission is to bridge China with the world. After introducing many successful China flavored passive investment instruments to global investors, we have made another big step by bringing the global asset allocation strategy to Chinese and global investors to strengthen the connection. With Chinese investor’s increasing appetites to global assets, I am confident that GAMA Index will win both Chinese investors and global investors’ trusts by its consistent performance and smoothing volatility.” concluded by Ms. Ding Chen, CEO of CSOP Asset Management Limited.

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This document is prepared for the use of presentation, illustration and discussion. It is intended for professional investors only and is not legally binding. It should not be considered as an offer or solicitation to deal in any investment products. CSOP Asset Management Limited (“CSOP”) which prepared this document believes that information in this document is based upon sources that are believed to be accurate, complete, and reliable. However, CSOP does not warrant the accuracy and completeness of the information, and shall not be liable to the recipient or controlling shareholders of the recipient resulting from its use. CSOP is under no obligation to keep the information up-to-date. The provision of this document shall not be deemed as constituting any offer, acceptance, or promise of any further contract or amendment to any contract. This document may contain simulations and hypothetical past performance for illustration only. They are not for guarantee in any form. These results are based on simulated or hypothetical performance with inherent limitations. Simulated or hypothetical performance is not real performance and may differ from actual transaction results. CSOP is not liable for failure to achieve any forecast or target.

Investment involves risk. Future performance and the capital value of the Fund are not guaranteed. Past performance figures are not indicative of future performance. The value of units may rise as well as fall. We recommend investors obtain and read a copy of the offering documents (including risk factors) before investing. Investors should not make any investment decision solely based on this document. Investors should assess if any investment, security or strategy is appropriate based on their personal financial situations. Investors should seek for professional advice if necessary. CSOP owns all copyrights and property rights relating to information in this document. This document should not be distributed to any parties without the written consent of CSOP. Nothing herein shall be construed as granting the recipient, explicit or implicit, any license or right to the information in this document.

This material has not been reviewed by the Securities and Futures Commission (“SFC”) in Hong Kong. This product is not authorized by the SFC and cannot be offered to the public in Hong Kong.

Issuer: CSOP Asset Management Limited

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