VanEck Blog & Insights

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

    $6.13
  • Shares outstanding1

    6,500,835
  • Net assets1

    $39.9M
  • 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 23-Jul-19

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 2.81 -6.44 27.75 -- -- -- -- 27.96
Income return 1.14 1.05 1.42 -- -- -- -- 1.43
Total return 3.95 -5.39 29.17 -- -- -- -- 29.39
Index (CSIN1086) 3.99 -5.24 29.71 0.22 1.64 17.16 15.53 30.16
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 2.81 -6.44 27.75 -- -- -- -- 27.96
Income return 1.14 1.05 1.42 -- -- -- -- 1.43
Total return 3.95 -5.39 29.17 -- -- -- -- 29.39
Index (CSIN1086) 3.99 -5.24 29.71 0.22 1.64 17.16 15.53 30.16

Growth of hypothetical $10,000 investment

Calendar year returns (%)

NAV & premium/discount history
as at 30-Jun-19

Best & worst
quarter returns (%)
as of 30-Jun-19

  • 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.