XINA11

The Trend ETF MSCI China Fundo de Índice (XINA11) is a Brazilian exchange-traded fund designed to provide exposure to the Chinese equity market through investments linked to the MSCI China Index. The ETF is managed by XP Allocation Asset Management Ltda. and trades under the ticker XINA11 on the B3.

Classified as an international equity ETF, the fund follows a passive management strategy. Its structure primarily invests in shares of an international ETF that seeks to track the MSCI China Index, providing exposure to Chinese companies listed across multiple global markets.

Composition / Exposure profile

XINA11 provides exposure primarily associated with:

• Chinese large- and mid-cap companies.

• Technology and internet platforms.

• Consumer-discretionary businesses.

• Communication services.

• E-commerce leaders.

• Chinese financial markets.

• Emerging-market equities.

• International diversification strategies.

The underlying exposure includes companies such as Tencent Holdings, Alibaba Group, Meituan, JD.com, NetEase, Baidu, Xiaomi, WuXi Biologics, Li Ning, and Kuaishou Technology, among other constituents of the MSCI China Index.

The ETF’s performance is particularly sensitive to Chinese economic growth, domestic regulatory developments, consumer-demand trends, and geopolitical conditions affecting China’s relationship with global markets.

Structure and costs

XINA11 shares trade on the secondary market on the B3 during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee and also incurs costs associated with the underlying international ETF structure. XINA11 does not apply a performance fee and does not provide recurring income distributions, as gains generated by the portfolio are reinvested into the fund structure.

Because the ETF maintains exposure to Chinese equities through an international investment vehicle, its performance may reflect both stock-market fluctuations and currency-market dynamics.

History and evolution of the ETF

The Trend ETF MSCI China Fundo de Índice was launched to facilitate access to the Chinese equity market through the Brazilian stock exchange using an international ETF structure.

Since inception, the fund has become part of the growing range of geographically diversified ETFs available on the B3, reflecting investor interest in gaining exposure to the Chinese economy and emerging markets.

In recent years, XINA11 has reflected fluctuations in Chinese equity markets, influenced by domestic economic conditions, regulatory policies, geopolitical developments, and broader trends across global financial markets.

Additional Information

Trend ETF MSCI China Fundo de Índice (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $231.43 Millions.

Over the past 12 months, Trend ETF MSCI China Fundo de Índice recorded a return of -7.47%, with its price trading between $7.15 and $9.21 during the same period.

The ETF is traded under the ticker XINA11.