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

    $6.67
  • Units outstanding1

    7,300,835
  • Net assets1

    $48.7M
  • 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 15-Nov-19

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

    7,300,835
  • ISIN

    AU0000028185

Fees and other costs  

  • Management costs p.a.

    0.95%

Prices as at  15-Nov-19

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 $6.67
$6.81
22,608
72,395
$-0.04 / -0.56%
$0.00 / +0.00%
+9.86%
+36.75%
$0.14
+2.03%

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 0.41 2.25 -1.95 -- -- -- -- 31.86
Income return 0.00 0.00 1.10 -- -- -- -- 1.47
Total return 0.41 2.25 -0.85 -- -- -- -- 33.33
Index (CSIN1086) 0.50 2.51 -0.41 37.77 2.76 11.99 15.33 34.58
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 0.35 2.63 -3.98 -- -- -- -- 31.32
Income return 0.00 0.00 1.07 -- -- -- -- 1.47
Total return 0.35 2.63 -2.91 -- -- -- -- 32.79
Index (CSIN1086) 0.43 2.88 -2.51 19.00 2.69 12.19 16.00 33.91

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

No. of holdings: 120
Holding name
Ticker
No. of securities held Market value % of Net
assets
WUS PRINTED CIRCUIT KUNSHA-A
002463 CH
157,300 700,962 1.53
LUXSHARE PRECISION INDUSTR-A
002475 CH
96,870 633,081 1.38
FUJIAN BOSS SOFTWARE DEVEL-A
300525 CH
80,300 622,456 1.36
SHANDONG YISHENG LIVESTOCK-A
002458 CH
87,900 590,712 1.29
AUTOBIO DIAGNOSTICS CO LTD-A
603658 CH
27,300 567,160 1.24
SHANXI XINGHUA-A
600809 CH
29,500 539,409 1.18
CHANGCHUN HIGH & NEW TECH-A
000661 CH
5,600 523,728 1.14
ZHEJIANG WOLWO BIO-PHARMAC-A
300357 CH
54,740 517,331 1.13
GUANGZHOU WONDFO BIOTECH C-A
300482 CH
50,100 510,123 1.11
SHANDONG MINHE ANIMAL HUS-A
002234 CH
65,500 506,117 1.10
Top ten total (%) 12.46
These are not recommendations to buy or to sell any security.

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

  • Sector

    Weightings (%)
  • Food, Beverage & Tobacco

    22.8
  • Pharmaceuticals, Biotechnology

    18.9
  • Technology Hardware & Equipment

    13.6
  • Consumer Durables & Apparel

    12.7
  • Health Care Equipment & Services

    6.9
  • Capital Goods

    5.4
  • Media & Entertainment

    5.0
  • Software & Services

    4.7
  • Automobiles & Components

    3.0
  • Retailing

    2.2
  • Consumer Services

    1.9
  • Household & Personal Products

    1.5
  • Materials

    1.4
  • Other/Cash

    0.1
  • Total

    100.1