CHLC has an expense ratio of 0.39%. The fund will issue monthly dividend distributions and experience capital gains when applicable.
The ETF holds 45 bonds with average maturities of under three years and has an average coupon of 2.1%. CHLC holds around two-thirds of its basket in bonds with a BBB rating or higher. Corporate bonds make up 40% of the fund.
For more information on the yuan, visit our Chinese yuan category.
Max Chen contributed to this article.