1576 南方Ａ５０ 2019-03-12 16:00:00
信託証書変更のお知らせ [pdf]
2019 年３月 12 日
各位
管理会社名 中国南方アセット・マネジメント・リミテッド
代表者名 最高経営責任者 丁晨
（銘柄コード 1576）
問合せ先 アンダーソン・毛利・友常法律事務所
担当者 弁護士 飛岡 和明
（TEL 03-6775-1000）
信託証書変更のお知らせ
弊社は、2019 年３月 11 日付けで、香港において、信託証書変更に関するプレスリリース
を行いました。以下はその抄訳です。
南方 FTSE 中国 A 株 50 ETF（「本香港 ETF」）の資産運用会社である中国南方アセット・
マネジメント・リミテッド（「資産運用会社」）は、2012 年７月 25 日付けの本香港 ETF の信
託証書（その後の随時の変更を含み、「信託証書」）について、2019 年４月 11 日（「効力発
生日」）付けでこれを変更し、新たに第 27.5A 項を追加すること（「本信託証書の変更」）を
受益者にお知らせします。本信託証書の変更により、資産運用会社は、受託会社と協議の
うえ、本香港 ETF が取引所で売買することのできない又はその他の方法により処分するこ
とのできない有価証券（「売買停止銘柄」）を保有する場合に、本香港 ETF の受益証券を強
制的に償還することができるようになり、その後本香港 ETF は信託証書に従い終了します。
かかる償還及び償還金の支払後、前受益者は、本香港 ETF に対する持分を有さず、当該前
受益者の権利はすべて消滅します。
強制償還後に残余資産がある場合は受託会社によって信託保有され、すべての債務が弁
済された後も余剰資産がある場合は、資産運用会社の選択する慈善団体に寄付されます。
本信託証書の変更は、売買停止銘柄の売買が再開され又はその他の方法により処分され
る前に、受益者が本香港 ETF の純資産価額のうち持分に応じた部分を受領することができ
るようにするために、本香港 ETF が売買停止銘柄を保有し、終了する場合に本香港 ETF の
受益証券を強制的に償還する仕組みを資産運用会社に提供することを目的としたものです。
本香港 ETF の投資目的及び参照指標に変更はありません。本信託証書の変更による本香
港 ETF のリスクの重大な変更もありません。本香港 ETF が売買停止銘柄を保有し、終了す
る場合に本香港 ETF について強制償還が導入されるほかは、本信託証書の変更に伴う本香
港 ETF の運営又は管理方法に変更はありません。
本信託証書の変更が実施された後も本香港 ETF の報酬水準又は管理費用に変更はありま
せん。
本信託証書の変更に関して生じた費用／経費は、各サブ・ファンドがそれぞれの純資産
価額に応じてこれを負担します。
本信託証書の変更は、本香港 ETF の既存の投資家の権利又は利益を著しく損なうもので
はありません。本信託証書の変更は、信託証書及び適用法令に基づき受益者の承認を必要
としません。受託会社は、本信託証書の変更に同意します。
以上
IMPORTANT:
Hong Kong Exchanges and Clearing Limited ("HKEx"), The Stock Exchange of Hong Kong
Limited ("SEHK"), Hong Kong Securities Clearing Company Limited ("HKSCC") and the
Securities and Futures Commission ("SFC") take no responsibility for the contents of this
Announcement, make no representation as to its accuracy or completeness and expressly disclaim
any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any
part of the contents of this Announcement.
SFC authorisation is not a recommendation or endorsement of a scheme nor does it guarantee
the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for
all investors nor is it an endorsement of its suitability for any particular investor or class of investors.
This document is important and requires your immediate attention. If you are in any doubt
about the contents of this Announcement, you should seek professional advice. Investment
involves risks which may result in significant loss as there is no guarantee on investment
returns.
The Manager accepts full responsibility for the accuracy of the information contained in this
Announcement and confirms, having made all reasonable enquiries, that to the best of its
knowledge and belief, there are no other facts the omission of which would make any statement
misleading.
CSOP ETF SERIES (the "Trust")
(a Hong Kong umbrella unit trust authorized under
Section 104 of the Securities and Futures Ordinance (Cap. 571) of Hong Kong)
CSOP FTSE China A50 ETF
Stock Codes: 82822 (RMB counter) and 02822 (HKD counter)
CSOP CES China A80 ETF
Stock Codes: 83137 (RMB counter) and 03137 (HKD counter)
CSOP SZSE ChiNext ETF
Stock Codes: 83147 (RMB counter) and 03147 (HKD counter)
CSOP China CSI 300 Smart ETF
Stock Codes: 83129 (RMB counter) and 03129 (HKD counter)
CSOP MSCI China A Inclusion Index ETF
Stock Codes: 83149 (RMB counter) and 03149 (HKD counter)
ICBC CSOP S&P New China Sectors ETF
Stock Codes: 03167 (HKD counter), 83167 (RMB counter) and 9167 (USD counter)
CSOP Hong Kong Dollar Money Market ETF
Stock Codes: 03053 (HKD counter), 83053 (RMB counter)
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CSOP US Dollar Money Market ETF
Stock Codes: 03096 (HKD counter), 09096 (USD counter)
(each a "Sub-Fund", and collectively, the "Sub-Funds")
ANNOUNCEMENT
Change of Trust Deed
CSOP Asset Management Limited 南方東英資產管理有限公司 (the "Manager") wishes to
inform unitholders of the Sub-Funds that the Trust Deed of the Trust dated 25 July 2012, as
amended from time to time (the "Trust Deed") will be amended on 11 April 2019 (the
“Effective Date”) to add a new Clause 27.5A (the “Change of Trust Deed”), to allow the
Manager to, upon consultation with the Trustee, compulsorily redeem Units of a Sub-Fund
holding securities that cannot be traded on exchange or otherwise disposed of
(“Suspended Stocks”), following which the Sub-Fund will be terminated in accordance with
the Trust Deed. Upon such redemption and payment of redemption proceeds, former
unitholders shall have no interest in the relevant Sub-Fund and all rights of such former
unitholders shall be extinguished.
Following the compulsory redemption, any outstanding assets shall be held on trust by the
Trustee, and upon satisfying all liabilities, any excess assets shall be donated to a charity of
the Manager’s choice.
The Change of Trust Deed is to provide the mechanism for the Manager to compulsorily
redeem units of a terminating Sub-Fund holding Suspended Stocks, so that unitholders can
receive a pro-rata portion of the net asset value of the Sub-Fund before the Suspended
Stocks resume trading or are otherwise disposed.
The investment objective and underlying index of each of the Sub-Funds will remain
unchanged. There is no material change to the risk profile of the Sub-Funds due to the
Change of Trust Deed. Other than the introduction of the compulsory redemption for a
terminating Sub-Fund holding Suspended Stocks, there is no change in the operation or
manner in which the Sub-Funds are being managed as a result of the Change of Trust
Deed.
There is no change in the fee level or cost in managing the Sub-Funds following the
implementation of the Change of Trust Deed.
The costs and/or expenses incurred in respect of the Change of Trust Deed will be borne by
the Sub-Funds in proportion to their respective net asset value.
The Change of Trust Deed does not materially prejudice the rights or interests of the
existing investors of the Sub-Funds. It does not require Unitholder's approval pursuant to
the Trust Deed and applicable laws and regulations. The Trustee agrees to the Change of
Trust Deed.
Unless otherwise stated, capitalised terms in this Announcement have the same meanings
as defined in the prospectus of the Sub-Funds.
The above changes will be reflected in the revised prospectus which will be published on the
Manager’s website at www.csopasset.com (this website has not been reviewed by the SFC)
and SEHK’s website at www.hkex.com.hk from the Effective Date. Copies of the Trust Deed,
as amended, will be available for inspection free of charge at any time during normal
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business hours on any day (excluding Saturdays, Sundays and public holidays) at the office
of the Manager (see address below) from the Effective Date.
If you have any queries or require further information in relation to any aspect of this
Announcement, please contact the Manager at 2801-2803 Two Exchange Square, 8
Connaught Place, Central, Hong Kong or its Customer Service Hotline at (852) 3406 5688.
By Order of the Board
CSOP Asset Management Limited
Chief Executive Officer
Ding Chen
11 March 2019
As of the date of this Announcement, the board of directors of the Manager comprises 7
Directors namely, Mr. Zhou Yi, Ms. Ding Chen, Mr. Zhang Gaobo, Mr. Yang Xiaosong, Mr.
Cai Zhongping, Mr. Liu Zhiwei and Ms. Liu Xiuyan.
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