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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.

Country of domicile: Australia

  as at 19-Jan-21

  • Exchange

    ASX

  • ASX code

    CETF

  • Bloomberg index code

    XINA50AN

  • Index provider

    FTSE

  • NAV1

    $72.98

  • Units outstanding1

    311,164

  • Net assets1

    $22.7M

  • 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 19-Jan-21

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.

Fundamentals as at 31-Dec-20

  • Weighted avg. market cap (US$)

    $179.1B

  • Price/earnings ratio
    (last 12 months)*

    15.5

  • Price/book ratio
    (last 12 months)*

    2.2
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market capitalisation (%)
as at 31-Dec-20

  • Capitalisation ranges

    Weightings (%)

  • Large (>$5.0B)

    99.93

  • Mid ($1.0 - $5.0B)

    0.00

  • Small (<$1.0B)

    0.00
This breakdown represents what percentage of the Fund's assets represent large/mid/small-sized companies. The market capitalisation of an individual, publicly traded company is calculated by multiplying the company's security price by the total number of its shares outstanding.

3-year risk measures
as at 31-Dec-20

  • Beta vs. MSCI World ex
    Australia

    0.84

  • Correlation vs. MSCI World
    ex Australia

    0.70

  • Volatility (standard deviation)

    22.18

  • Sharpe ratio

    0.24

Source: VanEck, FactSet.

Calculations based on US$ returns.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the Fund performance and the index performance. Volatility is the annualised standard deviation of the Fund's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the Fund's return less the risk free rate divided by the standard deviation.

Country weightings (%) as at 31-Dec-20

  • Country

    Weightings (%)

  • China

    99.9

  • Other/Cash

    0.1

  • Total

    100.0

Portfolio composition (%)
as at 19-Jan-21

  • Asset classes

    % of Fund net assets

  • Stocks

    100.02

  • Bonds

    0.00

  • Other

    0.00

  • Cash

    -0.02

  • Total

    100.00

Sector weightings (%) as at 31-Dec-20

  • Sector

    Weightings (%)

  • Financials

    40.3

  • Consumer Staples

    25.9

  • Consumer Discretionary

    10.5

  • Health Care

    6.5

  • Information Technology

    6.1

  • Industrials

    3.2

  • Materials

    2.8

  • Real Estate

    2.4

  • Energy

    1.3

  • Utilities

    1.0

  • Other/Cash

    0.1

  • Total

    100.1