NEW CNEW SQUARE

VanEck Blog & Insights

VanEck Vectors China New Economy ETF CNEW

Fund description: CNEW gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up ‘the New Economy’, namely technology, health care, consumer staples and consumer discretionary. CNEW aims to provide investment returns, before fees and other costs, which track the performance of the Index.

Index description: The CSI MarketGrader China New Economy Index aims to select the 120 companies in China with the best growth at a reasonable price (GARP) attributes, which are considered the best drivers of long-term capital appreciation. Companies are selected on the basis of the strength of 24 fundamental indicators across four factor categories: growth, value, profitability and cash flow.

Management style: Replication

 

  • Exchange

    ASX
  • ASX code

    CNEW
  • Bloomberg index code

    CSIN1086
  • Index provider

    China Securities Index Co, Ltd.
  • NAV1

    $5.01
  • Shares outstanding1

    2,000,000
  • Net assets1

    $10.0M
  • Number of holdings1

    121
  • Inception date2

    08-Nov-18
  • ASX commencement

    09-Nov-18
1As of the close of the previous trading day.
2The date the Fund was seeded prior to quotation on ASX.

as at 15-Jan-19

Documents

  • Name

    Update schedule