GARBX Performance — Guinness Atkinson Renminbi Yuan & Bond Fund
Data updated: 2025-03-11
GARBX returned +4.51% over one year to Sep 2024. The annualised 3-year return is −2.56%. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $93, against $101 for the category, and to $105 over one year, against $122. Volatility over the past three years was 6.28% a year. In the 12 months to Sep 2024 the fund lost a net $4.2M, and assets reached $0.
GARBX Growth of $100
What $100 invested in Guinness Atkinson Renminbi Yuan & Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | GARBX | Category average |
|---|---|---|
| 1 year (Oct 2023 – Sep 2024) | $105 | $122 |
| 3 years (Oct 2021 – Sep 2024) | $93 | $101 |
| Since data start (Jan 2020 – Sep 2024) | $103 | $122 |
GARBX Trailing Returns
Total returns to Sep 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.51% |
| 3 years (annualised) | −2.56% |
GARBX Annual Returns
Calendar-year total returns of Guinness Atkinson Renminbi Yuan & Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Sep) | +1.34% |
| 2023 | −0.08% |
| 2022 | −9.22% |
| 2021 | +2.99% |
| 2020 | +8.98% |
GARBX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −0.4% | +0.3% | −0.4% | −0.4% | +0.2% | +0.1% | 0.0% | +0.8% | +1.2% | — | — | — |
| 2023 | +1.1% | −2.5% | +3.5% | −1.9% | −2.4% | −0.6% | −0.1% | −2.0% | +1.8% | +0.5% | +3.4% | −0.8% |
| 2022 | −1.1% | −0.9% | +0.3% | −0.3% | 0.0% | −4.4% | −3.6% | −1.9% | −0.4% | +2.4% | +3.5% | −2.9% |
| 2021 | −1.0% | −0.6% | +1.4% | −1.5% | +1.9% | +1.6% | +0.1% | +0.4% | +0.1% | +0.2% | +0.1% | +0.4% |
| 2020 | −1.8% | +0.7% | −0.1% | +1.4% | −0.4% | −0.1% | +0.9% | +1.8% | +1.4% | +1.5% | +1.9% | +1.5% |
GARBX Risk
Risk measures from monthly returns over Oct 2021 – Sep 2024.
- 3-year volatility (annualised): 6.28%
- 3-year Sharpe ratio: -1.12 (vs 4.5% risk-free rate)
- Best month: +3.55% (Nov 2022)
- Worst month: −4.37% (Jun 2022)
GARBX Fund Flows
Monthly money in and out of Guinness Atkinson Renminbi Yuan & Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.2M
- 12-month gross sales (incl. reinvestments): $22K
- Sales ÷ redemptions: 0.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2024 | $0 | $49K | −$49K |
| Aug 2024 | $0 | $546K | −$546K |
| Jul 2024 | $0 | $2.7M | −$2.7M |
| Jun 2024 | $5K | $15K | −$10K |
| May 2024 | $0 | $117K | −$117K |
| Apr 2024 | $2K | $187K | −$184K |
| Mar 2024 | $0 | $49K | −$49K |
| Feb 2024 | $0 | $74K | −$74K |
| Jan 2024 | $0 | $55K | −$55K |
| Dec 2023 | $0 | $27K | −$27K |
| Nov 2023 | $15K | $148K | −$133K |
| Oct 2023 | $5 | $193K | −$193K |
GARBX Assets Under Management
Net assets of Guinness Atkinson Renminbi Yuan & Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-09-30 | $0 |
| 2024-06-30 | $3.27M |
| 2024-03-31 | $3.58M |
| 2023-12-31 | $3.78M |
| 2023-09-30 | $4.01M |
| 2023-06-30 | $4.17M |
| 2023-03-31 | $4.80M |
| 2022-12-31 | $4.67M |
| 2022-09-30 | $4.78M |
| 2022-06-30 | $4.90M |
| 2022-03-31 | $5.36M |
| 2021-12-31 | $5.41M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.