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CNEWAU VanEck China New Economy ETF Please read important disclosure Close important disclosure false

    • CNEW
    VanEck China New Economy ETF

    CNEW
    VanEck China New Economy ETF

    • NAV
      $8.27

      as at 20-May-26
    • Total Net Assets
      $103.94M
    • Dividend Frequency
      1 each year
    • Management fee (p.a.)
      0.95%
    • Number of securities
      121
    • Inception Date
      08-Nov-18
    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 1pm next business day.
    CNEW-VanEck-China-New_Economy-ETF-Tile.webp

    Overview

    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.

    Key benefits

    Step into China's future prosperity today

    Access companies at the forefront of China's transformation representing the New Economy.

    Diversified across companies and sectors

    Target New Economy companies within the technology, health care, consumer staples and consumer discretionary sectors.

    A portfolio of China A-shares comprising fundamentally strong companies

    Invests in 120 fundamentally sound and attractively valued companies with growth prospects in China's New Economy.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has no investment timeframe, and has a high or very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has no minimum investment timeframe, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a standalone solution, major, core, minor or satellite allocation within a portfolio, has no investment timeframe and has a low risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.

    Index Key points

    Underlying Index:

    MarketGrader China New Economy Index

    Underlying universe:

    All A-shares listed on the Shanghai and Shenzhen Stock Exchanges that are covered and rated by MarketGrader, that are classified as consumer discretionary, consumer staples, health care or technology, and which have not suffered losses for two or more consecutive years.

    Selection criteria:

    All Index components are selected based on their overall MarketGrader grade. Built on a scale between 0 and 100, the MarketGrader grade is based on 24 fundamental indicators, which are broken down into four analytical categories: growth, value, profitability and cash flow. All of MarketGrader’s indicators and overall grades are calculated daily for all companies under coverage.

    Weighting:

    The Index is equally weighted.

    Market Capitalisation requirements:

    All Index constituents must have a minimum total market cap of USD 500 million. At least 20% of all Index constituents (24 companies, 6 from each sector) must be designated as large or mid-caps according to MarketGrader’s annual size classification of all Shanghai and Shenzhen-listed equities under coverage.

    Liquidity requirements:

    A minimum 3-month daily traded value of USD 5 million.

    Rebalance frequency:

    The Index is reconstituted and rebalanced twice a year on the next trading day after the close of trading on the second Friday in June and December.

    For full details of the methodology, click here.

    Performance

    Holdings & allocations

    All holdings (%) as at 20-May-26 Download all holdings

    No. of holdings: 121
    Holding name
    Ticker
    No. of securities held
    		 Market value % of Fund net
    assets
    Xuzhou Handler Special Vehicle Co Ltd 300201 CH 677,000 2,380,289 2.29
    Zhejiang Lante Optics Co Ltd 688127 CH 116,200 2,368,928 2.28
    Delton Technology Guangzhou Inc 001389 CH 54,900 2,034,988 1.96
    Suzhou Hengmingda Electronic Technology 002947 CH 86,400 1,683,542 1.62
    Lotus Holdings Co Ltd 600186 CH 704,300 1,605,720 1.54
    Zhongji Innolight Co Ltd 300308 CH 7,100 1,521,857 1.46
    Suzhou Tfc Optical Communication Co Ltd 300394 CH 19,300 1,432,110 1.38
    Hebei Yangyuan Zhihui Beverage Co Ltd 603156 CH 138,300 1,402,161 1.35
    Shennan Circuits Co Ltd 002916 CH 20,200 1,394,050 1.34
    Nanjing Sciyon Wisdom Technology Group 002380 CH 144,400 1,364,913 1.31
    Shenzhen Click Technology Co Ltd 002782 CH 213,300 1,338,093 1.29
    Shenzhen Sinexcel Electric Co Ltd 300693 CH 97,883 1,241,855 1.19
    Wus Printed Circuit Kunshan Co Ltd 002463 CH 56,000 1,198,949 1.15
    Shenzhen Newway Photomask Making Co Ltd 688401 CH 76,600 1,176,873 1.13
    Guangxi Yuegui Guangye Holding Co Ltd 000833 CH 196,800 1,088,142 1.05
    Dongguan Tarry Electronics Co Ltd 300976 CH 63,500 1,083,628 1.04
    Shandong Bailong Chuangyuan Bio-Tech Co 605016 CH 186,780 1,059,378 1.02
    Giantec Semiconductor Corp 688123 CH 30,299 1,033,353 0.99
    Guilin Seamild Foods Co Ltd 002956 CH 229,600 1,011,802 0.97
    Hitgen Inc 688222 CH 168,293 1,011,225 0.97
    Xianheng International Science&Technolo 605056 CH 193,600 1,004,421 0.97
    Sichuan Teway Food Group Co Ltd 603317 CH 300,600 1,003,456 0.97
    Zhejiang Nhu Co Ltd 002001 CH 155,100 1,000,558 0.96
    Anjoy Foods Group Co Ltd 603345 CH 48,000 977,467 0.94
    Victory Giant Technology Huizhou Co Ltd 300476 CH 14,100 974,007 0.94
    Cnhtc Jinan Truck Co Ltd 000951 CH 220,600 964,390 0.93
    Hvsen Biotechnology Co Ltd 300871 CH 196,500 956,511 0.92
    Fujian Wanchen Biotechnology Group Co L 300972 CH 21,100 950,509 0.91
    Beijing Const Instruments Technology In 300445 CH 182,200 941,510 0.91
    Wuxi Apptec Co Ltd 603259 CH 42,500 905,700 0.87
    Shenzhen Sunlord Electronics Co Ltd 002138 CH 108,800 895,727 0.86
    Willfar Information Technology Co Ltd 688100 CH 109,000 890,164 0.86
    Anhui Huaren Health Pharmaceutical Co L 301408 CH 229,300 878,720 0.85
    Shengyi Electronics Co Ltd 688183 CH 40,721 876,542 0.84
    Cofoe Medical Technology Co Ltd 301087 CH 86,907 867,099 0.83
    Beijing Caishikou Department Store Co L 605599 CH 251,000 861,747 0.83
    Rockchip Electronics Co Ltd 603893 CH 21,300 854,118 0.82
    Shenzhen Sc New Energy Technology Corp 300724 CH 45,600 851,211 0.82
    Sws Hemodialysis Care Co Ltd 688410 CH 254,943 848,937 0.82
    Zhejiang Jasan Holding Group Co Ltd 603558 CH 331,800 838,763 0.81
    Henan Splendor Science & Technology Co 002296 CH 357,100 836,289 0.80
    Dong-E-E-Jiao Co Ltd 000423 CH 79,900 835,668 0.80
    Zhejiang Taotao Vehicles Co Ltd 301345 CH 18,000 835,602 0.80
    Intsig Information Co Ltd 688615 CH 27,520 830,497 0.80
    Suzhou Sepax Technologies Co Ltd 688758 CH 200,375 830,000 0.80
    New Hope Dairy Co Ltd 002946 CH 229,000 828,343 0.80
    37 Interactive Entertainment Network Te 002555 CH 191,500 822,529 0.79
    Hebei Chengde Lulu Co Ltd 000848 CH 449,500 822,261 0.79
    Beijing Yanjing Brewery Co Ltd 000729 CH 307,600 807,471 0.78
    Micro-Tech Nanjing Co Ltd 688029 CH 48,200 805,497 0.78
    Lijiang Yulong Tourism Co Ltd 002033 CH 428,900 799,649 0.77
    Edan Instruments Inc 300206 CH 284,500 799,169 0.77
    Dashenlin Pharmaceutical Group Co Ltd 603233 CH 215,300 797,478 0.77
    Sunshine Guojian Pharmaceutical Shangha 688336 CH 60,216 790,106 0.76
    Jiangzhong Pharmaceutical Co Ltd 600750 CH 166,800 788,840 0.76
    Wuxi Double Elephant Micro Fibre Materi 002395 CH 226,500 787,932 0.76
    Huangshan Tourism Development Co Ltd 600054 CH 340,000 785,701 0.76
    Henan Lingrui Pharmaceutical Co 600285 CH 174,100 784,138 0.75
    Guilin Layn Natural Ingredients Corp 002166 CH 424,900 783,408 0.75
    Actions Technology Co Ltd 688049 CH 72,240 781,086 0.75
    Tibet Rhodiola Pharmaceutical Holding C 600211 CH 92,017 780,380 0.75
    Well Lead Medical Co Ltd 603309 CH 278,900 779,403 0.75
    Henan Shuanghui Investment & Developmen 000895 CH 143,200 777,866 0.75
    Baolingbao Biology Co Ltd 002286 CH 416,300 776,157 0.75
    Shanghai Allist Pharmaceuticals Co Ltd 688578 CH 39,860 773,971 0.74
    Hithink Royalflush Information Network 300033 CH 16,340 766,343 0.74
    Suzhou Shihua New Material Technology C 688093 CH 110,400 762,627 0.73
    Beijing Hyperstrong Technology Co Ltd 688411 CH 13,896 761,699 0.73
    Hisense Visual Technology Co Ltd 600060 CH 148,300 757,751 0.73
    Meihua Holdings Group Co Ltd 600873 CH 378,900 753,419 0.72
    Catarc Automotive Proving Ground Co Ltd 301215 CH 595,100 752,797 0.72
    Beijing Dahao Technology Corp Ltd 603025 CH 221,200 749,835 0.72
    Hongmian Zhihui Science And Technology 000523 CH 1,069,200 749,196 0.72
    V V Food & Beverage Co Ltd 600300 CH 1,054,500 747,614 0.72
    Aurisco Pharmaceutical Co Ltd 605116 CH 170,400 745,636 0.72
    Hangzhou Great Star Industrial Co Ltd 002444 CH 109,200 738,763 0.71
    Kweichow Moutai Co Ltd 600519 CH 2,700 733,882 0.71
    Apt Medical Inc 688617 CH 15,850 733,861 0.71
    Sungrow Power Supply Co Ltd 300274 CH 21,100 729,215 0.70
    Guangdong Homa Group Co Ltd 002668 CH 356,100 719,123 0.69
    Rayhoo Motor Dies Co Ltd 002997 CH 105,800 717,292 0.69
    Tianjin Pharmaceutical Da Re Tang Group 600329 CH 82,600 716,224 0.69
    Shenyang Xingqi Pharmaceutical Co Ltd 300573 CH 52,600 711,159 0.68
    Youyou Foods Co Ltd 603697 CH 301,000 709,264 0.68
    G-Bits Network Technology Xiamen Co Ltd 603444 CH 8,900 707,331 0.68
    Hunan Sundy Science And Technology Co L 300515 CH 196,300 705,597 0.68
    Ningxia Xiaoming Agriculture & Animal H 300967 CH 202,400 705,350 0.68
    Jiangsu Rijiu Optoelectronics Jointstoc 003015 CH 236,800 703,845 0.68
    Zhejiang Cfmoto Power Co Ltd 603129 CH 13,800 698,561 0.67
    Loncin Motor Co Ltd 603766 CH 239,700 697,601 0.67
    Yankershop Food Co Ltd 002847 CH 57,840 690,187 0.66
    Ecovacs Robotics Co Ltd 603486 CH 48,212 684,419 0.66
    Lancy Co Ltd 002612 CH 197,100 674,658 0.65
    Anhui Korrun Co Ltd 300577 CH 166,600 671,500 0.65
    Double Medical Technology Inc 002901 CH 79,500 668,474 0.64
    Zhejiang Jolly Pharmaceutical Co Ltd 300181 CH 225,300 667,335 0.64
    Shandong Wit Dyne Health Co Ltd 000915 CH 115,200 666,249 0.64
    Sinopep-Allsino Bio Pharmaceutical Co L 688076 CH 102,674 656,413 0.63
    Guangdong Haid Group Co Ltd 002311 CH 69,000 643,081 0.62
    Muyuan Foods Co Ltd 002714 CH 78,600 642,386 0.62
    Star Lake Bioscience Co Inc Zhaoqing Gu 600866 CH 556,300 635,874 0.61
    Shenzhen Bingchuan Network Co Ltd 300533 CH 112,800 631,852 0.61
    Beijing Balance Medical Technology Co L 688198 CH 33,198 628,282 0.60
    Shenzhen Crastal Technology Co Ltd 300824 CH 326,100 627,534 0.60
    Zhongyin Babi Food Co Ltd 605338 CH 141,800 626,644 0.60
    Zhejiang Wolwo Bio-Pharmaceutical Co Lt 300357 CH 126,500 622,568 0.60
    Arashi Vision Inc 688775 CH 14,670 620,037 0.60
    Winner Medical Co Ltd 300888 CH 98,400 610,987 0.59
    Haier Smart Home Co Ltd 600690 CH 139,400 601,631 0.58
    Changbai Mountain Tourism Co Ltd 603099 CH 78,500 601,491 0.58
    Sailun Group Co Ltd 601058 CH 223,000 573,406 0.55
    Shanxi Xinghuacun Fen Wine Factory Co L 600809 CH 21,080 572,797 0.55
    Luzhou Laojiao Co Ltd 000568 CH 29,900 569,821 0.55
    Xiamen Amoytop Biotech Co Ltd 688278 CH 47,000 562,488 0.54
    Huadong Medicine Co Ltd 000963 CH 91,100 558,127 0.54
    Chengdu Kanghong Pharmaceutical Group C 002773 CH 123,700 553,815 0.53
    Wenzhou Yuanfei Pet Toys Products Co Lt 001222 CH 143,707 516,849 0.50
    Huali Industrial Group Co Ltd 300979 CH 65,200 501,064 0.48
    Chongqing Sokon Industry Group Co Ltd 601127 CH 30,400 493,642 0.47
    Hhc Changzhou Corp 301061 CH 35,230 445,439 0.43
    Yantai China Pet Foods Co Ltd 002891 CH 71,100 444,561 0.43
    Other/Cash --   190,261 0.18
    Total 100.00
    These are not recommendations to buy or to sell any security.

    Dividends

    Election of Dividend Reinvestment Plan (DRP)

    You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Plans”.

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