Guinness Atkinson Asset Management has launched its first traditional open-end mutual fund to invest directly in bonds denominated in the Chinese currency. The Renminbi Yuan & Bond Fund will give U.S. investors direct access to the rapidly growing offshore Renminbi market.
The fund will be managed by Edmund Harriss, the firm’s China fund manager. The offering will employ proprietary modeling screens to back the portfolio management team’s credit analysis.
Click here for the release from Business Wire.