VanEck Vectors China New Economy ETF CNEW
Fund description: CNEW gives investors a portfolio of fundamentally sound companies in China having 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
Country of domicile: Australia
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Exchange
ASX -
ASX code
CNEW -
Bloomberg index code
CSIN1086 -
Index provider
China Securities Index Co, Ltd. -
NAV1
$8.94 -
Units outstanding1
19,305,020 -
Net assets1
$172.7M -
Number of holdings1
120 -
Inception date2
08-Nov-18 -
ASX commencement
09-Nov-18
2The date the ETF was seeded prior to quotation on ASX.
as at 22-Jan-21
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Distribution frequency
1 each year -
Management costs p.a.
0.95% - Investment management team »
- Market Announcements
- CNEW Fact Sheet
- Flyer: Step into tomorrow's prosperity today
- CNEW Index Rebalance
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 | -2.17 | -4.87 | -0.81 | 25.14 | -- | -- | -- | 29.53 |
Income return | 0.00 | 0.00 | 0.00 | 1.74 | -- | -- | -- | 1.54 |
Total return | -2.17 | -4.87 | -0.81 | 26.88 | -- | -- | -- | 31.07 |
Index (CSIN1086) | -2.01 | -4.60 | -0.28 | 28.49 | 12.92 | 4.83 | 14.27 | 32.62 |
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 | -2.17 | -4.87 | -0.81 | 25.14 | -- | -- | -- | 29.53 | |
Income return | 0.00 | 0.00 | 0.00 | 1.74 | -- | -- | -- | 1.54 | |
Total return | -2.17 | -4.87 | -0.81 | 26.88 | -- | -- | -- | 31.07 | |
Index (CSIN1086) | -2.01 | -4.60 | -0.28 | 28.49 | 12.92 | 4.83 | 14.27 | 32.62 |
Growth of hypothetical $10,000 investment
Calendar year returns (%) as at 31 Dec 2020
NAV & premium/discount history
as at 31-Dec-20
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Time period
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52-week high (13-Jul-20)
$9.98 -
52-week low (03-Feb-20)
$6.82 - NAV & premium/discount history
Best & worst
quarter returns (%)
as of 31-Dec-20
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Best quarter
1Q'19 +36.54% -
Worst quarter
2Q'19 -5.39%
Best & worst quarter returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.