China New Economy ETF
VanEck Vectors China New Economy has increasing buying interest at $6.45
China New Economy
China New Economy
China New Economy ETF
VanEck Vectors China New Economy is worth adding to your watchlist with a view toward accumulating a long position within the $6.30 – $6.80 price range.
CNEW seeks to provide investors with access to a portfolio of the most fundamentally sound
companies with the best growth prospects in the consumer discretionary, consumer staples,
healthcare, and technology sectors that are domiciled and listed in Mainland China with the aim of
providing investment returns, before fees and other costs, which track the performance of the Index.
The MarketGrader China New Economy Index consists of the 120 most fundamentally sound
companies in the consumer discretionary, consumer staples, healthcare and technology sectors,
domiciled in Mainland China and traded publicly in the Shanghai and Shenzhen stock exchanges
(A-Shares).
The Index seeks to identify the companies in China with the best growth at a reasonable
price (GARP) attributes as the best drivers of long-term capital appreciation. The index constituents
are selected on the basis of the strength of their fundamentals across four factor categories: growth,
value, profitability and cash flow. The index is equally weighted at each of its semi-annual
rebalances, giving each company an equal opportunity to contribute to the performance of the
overall index.
China New Economy ETF
VanEck Vectors China New Economy is worth adding to your watchlist with a view toward accumulating a long position within the $6.30 – $6.80 price range.
CNEW seeks to provide investors with access to a portfolio of the most fundamentally sound
companies with the best growth prospects in the consumer discretionary, consumer staples,
healthcare, and technology sectors that are domiciled and listed in Mainland China with the aim of
providing investment returns, before fees and other costs, which track the performance of the Index.
The MarketGrader China New Economy Index consists of the 120 most fundamentally sound
companies in the consumer discretionary, consumer staples, healthcare and technology sectors,
domiciled in Mainland China and traded publicly in the Shanghai and Shenzhen stock exchanges
(A-Shares).
The Index seeks to identify the companies in China with the best growth at a reasonable
price (GARP) attributes as the best drivers of long-term capital appreciation. The index constituents
are selected on the basis of the strength of their fundamentals across four factor categories: growth,
value, profitability and cash flow. The index is equally weighted at each of its semi-annual
rebalances, giving each company an equal opportunity to contribute to the performance of the
overall index.
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