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

    $8.00
  • Units outstanding1

    9,000,835
  • Net assets1

    $72.1M
  • 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 08-Apr-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

    9,000,835
  • ISIN

    AU0000028185

Fees and other costs  

  • Management costs p.a.

    0.95%

Prices as at  08-Apr-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 $8.00
$8.00
149,701
58,771
$0.03 / +0.38%
$0.00 / +0.00%
+17.31%
+15.94%
--
-0.06%

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 -1.15 11.92 18.68 13.96 -- -- -- 37.50
Income return 0.00 0.00 0.00 1.27 -- -- -- 1.16
Total return -1.15 11.92 18.68 15.23 -- -- -- 38.66
Index (CSIN1086) -1.08 12.17 19.45 16.45 11.05 5.58 14.28 40.15
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 -1.15 11.92 18.68 13.96 -- -- -- 37.50
Income return 0.00 0.00 0.00 1.27 -- -- -- 1.16
Total return -1.15 11.92 18.68 15.23 -- -- -- 38.66
Index (CSIN1086) -1.08 12.17 19.45 16.45 11.05 5.58 14.28 40.15

Top ten holdings (%) View all daily holdings » as at 31-Mar-20

No. of holdings: 120
Holding name
Ticker
No. of securities held Market value % of Net
assets
SHANGHAI YAOJI TECHNOLOGY-A
002605 CH
132,400 901,212 1.36
GUANGZHOU WONDFO BIOTECH C-A
300482 CH
48,000 847,077 1.27
JIANGXI FUSHINE PHARMACEUT-A
300497 CH
136,800 843,339 1.27
SHANGHAI KINETIC MEDICAL C-A
300326 CH
180,300 843,070 1.27
APELOA PHARMACEUTICAL CO-A
000739 CH
174,500 788,143 1.19
HUALAN BIOLOGICAL ENGINEER-A
002007 CH
70,450 768,538 1.16
CHONGQING ZHIFEI BIOLOGICA-A
300122 CH
49,800 763,998 1.15
JIANGSU HENGSHUN VINEGAR I-A
600305 CH
164,300 732,723 1.10
JAFRON BIOMEDICAL CO LTD-A
300529 CH
33,800 728,445 1.10
ASYMCHEM LABORATORIES TIAN-A
002821 CH
18,600 726,985 1.09
Top ten total (%) 11.96
These are not recommendations to buy or to sell any security.

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

  • Sector

    Weightings (%)
  • Food, Beverage & Tobacco

    22.8
  • Pharmaceuticals, Biotechnology

    18.2
  • Consumer Durables & Apparel

    13.7
  • Technology Hardware & Equipment

    11.0
  • Health Care Equipment & Services

    9.5
  • Capital Goods

    6.0
  • Media & Entertainment

    4.7
  • Software & Services

    4.2
  • Materials

    3.1
  • Semiconductors & Semiconductor Equipment

    2.8
  • Automobiles & Components

    2.3
  • Consumer Services

    0.9
  • Retailing

    0.6
  • Other/Cash

    0.0
  • Total

    99.8