CNEW - VanEck China New Economy ETF | China equities

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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

    $7.35
  • Units outstanding1

    8,800,835
  • Net assets1

    $64.7M
  • Number of holdings1

    120
  • Inception date2

    08-Nov-18
  • ASX commencement

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

as at 24-Jan-20

Key points

  • Access a portfolio of China A-shares via VanEck’s China expertise in a single trade on ASX
  • A portfolio of 120 of the most fundamentally sound companies with the best growth prospects at the forefront of China’s transforming economy
  • Only includes companies from the technology, health care, consumer staples and consumer discretionary sectors

Trading information

  • ASX code

    CNEW
  • IRESS code

    CNEW.AXW
  • Shares outstanding

    8,800,835
  • ISIN

    AU0000028185

Fees and other costs  

  • Management costs p.a.

    0.95%

Prices as at  24-Jan-20

NAV/
Last trade
Volume:
30-day avg/
Previous day
Daily change: NAV/
Last trade
YTD change:
NAV/
Last trade
Premium/
Discount
Premium/
Discount
Distribution charts
NAV &
Premium /Discount
History
NAV
Chart
CNEW $7.35
$7.50
49,880
28,147
$0.00 / +0.00%
$0.04 / +0.54%
+7.70%
+8.70%
$0.15
+2.05%

Performance history (%) View all ETFs View all indices

1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return 4.29 6.05 8.83 39.03 -- -- -- 33.56
Income return 0.00 0.00 0.00 1.55 -- -- -- 1.28
Total return 4.29 6.05 8.83 40.58 -- -- -- 34.84
Index (CSIN1086) 4.56 6.49 9.56 42.11 6.06 12.47 13.55 36.33
1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return 4.29 6.05 8.83 39.03 -- -- -- 33.56
Income return 0.00 0.00 0.00 1.55 -- -- -- 1.28
Total return 4.29 6.05 8.83 40.58 -- -- -- 34.84
Index (CSIN1086) 4.56 6.49 9.56 42.11 6.06 12.47 13.55 36.33

Top ten holdings (%) View all daily holdings » as at 31-Dec-19

No. of holdings: 121
Holding name
Ticker
No. of securities held Market value % of Net
assets
SHENZHEN JUFEI OPTOELECTRO-A
300303 CH
560,700 644,047 1.14
ZHEJIANG JASAN HOLDING GRO-A
603558 CH
244,700 538,600 0.95
HL CORP SHENZHEN -A
002105 CH
444,200 536,605 0.95
SUNTRONT TECHNOLOGY CO LTD-A
300259 CH
598,800 534,555 0.94
BEIJING CONST INSTRUMENTS-A
300445 CH
156,700 527,787 0.93
SHENZHEN ELLASSAY FASHION -A
603808 CH
171,700 522,763 0.92
UNILUMIN GROUP CO LTD-A
300232 CH
257,591 522,671 0.92
JC FINANCE & TAX INTERCONN-A
002530 CH
218,800 518,328 0.92
HANGZHOU ANYSOFT INFORMATI-A
300571 CH
46,000 516,887 0.91
FUJIAN GREEN PINE CO LTD-A
300132 CH
228,300 515,591 0.91
Top ten total (%) 9.49
These are not recommendations to buy or to sell any security.

Sector weightings (%) as at 31-Dec-19

  • Sector

    Weightings (%)
  • Food, Beverage & Tobacco

    22.6
  • Pharmaceuticals, Biotechnology

    16.6
  • Consumer Durables & Apparel

    15.4
  • Technology Hardware & Equipment

    11.9
  • Health Care Equipment & Services

    8.2
  • Capital Goods

    6.6
  • Software & Services

    4.3
  • Automobiles & Components

    3.4
  • Media & Entertainment

    3.3
  • Materials

    3.3
  • Semiconductors & Semiconductor Equipment

    2.7
  • Retailing

    0.8
  • Consumer Services

    0.7
  • Other/Cash

    0.0
  • Total

    99.8