W.I.S.E. Yuanta/P-shares CSI 300 ETF

Fund Characteristics

Name of Fund W.I.S.E. Yuanta/P-shares CSI 300 ETF
Fund Type ETF comprising foreign securities - Feeder Fund ETF
Underlying Index CSI 300 Index
Stock Code 0061
Denomination NT Dollar
Issuer/Manager Yuanta Securities Investment Trust Co., Ltd.
Custodian Chinatrust Commercial Bank
Investment objective Track the performance of CSI 300 Index through Master Fund, CSI 300 China Tracker issued by BOCI-Prudential Trustee Limited.
Issue of Units Scripless, units held in the Depository and not available for withdrawal in physical form
Depository Taiwan Depository & Clearing Corporation
Net Asset Value (NAV) The latest Net asset value will be released on “Market Observation Post System”
Current Management Fee 0.30%
Current Trustee Fee 0.10%
Current Master Fund Fee 1.39% (Current Management Fee 0.99%+Current Trustee Fee 0.3%+Other Fee 0.1%)
Trading in the Secondary Market
Buy/sell Through any licensed securities broker
Account Opening Need to open a securities trading account with a brokerage house
Commission Same as for ordinary stocks – varies by broker but no higher than 0.1425% of the consideration
Board lot 1000 units
Trading time Trading hours of the Taiwan stock Exchange: 9:00 – 13:30
Tax 0.1% levied on the sale of the units, lower than 0.3% levied on the sale of stocks
Tick NTD 0.01 if the price of the unit is below NTD 50 NTD 0.05 if the price of the unit is above NTD 50
Limit up and down No limitation
TWSE Information Disclosure
  • Trading prices and the 5 best bid/ask prices and volumes
Margin Trading
  • Available on listing
  • Short selling under margin trading is exempted from the up-tick rule (which requires short sales to take place at no lower than the previous day's closing price)
  • Investors should check with his/her broker to see if there is any quota available before executing short-selling
Creation and Redemption in the Primary Market
Creation and redemption Cash Creation/Redemption in Taiwan Market
Order input time 9:00 – 12:00 on each dealing day
Creation Unit/Redemption Unit 500,000 units
Placement of creation and redemption orders Must be through participating dealers
Issue Price/Redemption Price NAV per unit on the day of creation or redemption
Creation and redemption fee Varies by participating dealers but subject to the limit
  • Creation fee cannot exceed 2% of the creation consideration
  • Redemption fee cannot exceed 2% of the redemption consideration