CETF - VanEck Vectors FTSE China A50 ETF | China equities
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VanEck Vectors FTSE China A50 ETF CETF

Fund description: CETF gives investors exposure to a diversified portfolio comprising the 50 largest companies in the mainland Chinese market. CETF aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The FTSE China A50 Index is a market capitalisation weighted index designed to represent the performance of the 50 largest companies by full market capitalisation, in the mainland Chinese market.

  as at 26-Oct-20

  • Exchange

    ASX
  • ASX code

    CETF
  • Bloomberg index code

    XINA50AN
  • Index provider

    FTSE
  • NAV1

    $66.13
  • Units outstanding1

    346,164
  • Net assets1

    $22.9M
  • Number of holdings1

    50
  • Inception date2

    07-Oct-19
  • ASX commencement

    09-Oct-19

1As of the close of the previous trading day.

2The date the fund was seeded prior to quotation on ASX. From 26-Jun-15 to 7-Oct-19 the fund was offered via a Chess Depositary Interest.

 

as at 26-Oct-20

The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 3pm next business day.

Key points

Underlying Index: FTSE China A50 Index

The Index comprises:

A diversified group of the 50 largest companies by full market capitalisation, in the mainland Chinese market.

Companies eligible for inclusion in Index:

  • The eligible universe of securities is the FTSE Global China A All Cap Free Index.
  • A liquidity screen is conducted semi-annually in March and September based on each security’s monthly median daily trading.
  • Securities with a Free-float Market Capitalisation of 5% or below are not eligible for inclusion in the Index.
  • A securities’ weight in the Index will be reduced as it approaches the maximum foreign ownership limit.
  • The 50 largest companies by full Market Capitalisation of the FTSE China A All Cap Free Index are selected to form the FTSE China A50 Index.

Further information about the Index and FTSE is available at www.ftserussell.com.

Index provider:

FTSE International Limited (FTSE), a member of the London Stock Exchange. FTSE is not a related body corporate of VanEck Investments Limited.

The VanEck Vectors FTSE China A50 ETF (the Fund) is not in any way sponsored, endorsed, sold or promoted by FTSE International Limited or the London Stock Exchange Group companies (LSEG) (together the Licensor Parties) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the FTSE China A50 Index (the Index) upon which the Fund is based, (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the Fund. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to VanEck or to its clients. The Index is calculated by FTSE or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to advise any person of any error therein. All rights in the Index vest in FTSE. “FTSE®” is a trademark of LSEG and is used by FTSE under license.

 

Index profile  

  • Bloomberg index code

    XINA50AN
  • Base date

    08-Apr-05
  • Rebalance frequency

    Semi-Annually

Top ten index constituents (%) as at 30-Sep-20

Total constituents: 50
Constituent name
Ticker
Weightings (%)
KWEICHOW MOUTAI CO LTD-A
600519 CH
11.11
PING AN INSURANCE GROUP CO-A
601318 CH
10.76
CHINA MERCHANTS BANK-A
600036 CH
6.49
WULIANGYE YIBIN CO LTD-A
000858 CH
5.88
CITIC SECURITIES CO-A
600030 CH
3.87
GREE ELECTRIC APPLIANCES I-A
000651 CH
3.43
INDUSTRIAL BANK CO LTD -A
601166 CH
3.35
JIANGSU HENGRUI MEDICINE C-A
600276 CH
3.34
INNER MONGOLIA YILI INDUS-A
600887 CH
2.90
CHINA VANKE CO LTD -A
000002 CH
2.78
Top ten total (%) 53.91
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index country weightings (%) as of 30-Sep-20

  • Country

    Weightings (%)
  • China

    100.0
  • Total

    100.0

Index sector weightings (%) as at 30-Sep-20

  • Sector

    Weightings (%)
  • Financials

    42.6
  • Consumer Staples

    22.6
  • Consumer Discretionary

    9.1
  • Information Technology

    6.3
  • Health Care

    5.7
  • Real Estate

    4.5
  • Industrials

    3.1
  • Materials

    3.0
  • Energy

    1.4
  • Utilities

    1.1
  • Communication Services

    0.6
  • Total

    100.0