|Expense Ratio (net)||1.95%|
|Morningstar Risk Rating||★★★|
|Last Cap Gain||0.00|
|Inception Date||Jul 27, 2012|
|Average for Category||N/A|
The Caixin Composite Output Index stood at 49.9 in October—slightly below the neutral 50.0 value—up from 48.0 in September.
As of September 30, ALQAX had net assets of $4.9 million and an expense ratio of 1.70%. RSCHX's assets were $23.53 million, with an expense ratio of 1.75%.
In an attempt to prop up its slowing economy, on October 23, the PBoC cut its one-year benchmark bank lending rate by 25 basis points to 4.35%.