CETF
VanEck FTSE China A50 ETF
CETF
VanEck FTSE China A50 ETF
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NAV$57.32
as at 14-Nov-24 -
Total Net Assets$35.20M
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Dividend Frequency1 each year
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Management fee (p.a.)0.60%
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Number of securities50
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Inception Date26-Jun-15
Overview
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.
Key benefits
Australia's only dedicated China A-shares market benchmark exposure
Access to a diversified portfolio of the 50 largest companies in the mainland Chinese market that make up the FTSE China A50 Index.
A-shares growth driven by domestic consumption
Domestic consumption growth in China is the highest in the world.
Diversified across companies and sectors
Comprised of the largest and the most liquid mainland China companies considered to be the pillar companies of the Chinese economy and leaders in their sectors.
Index Key points
Underlying Index:
FTSE China A50 Net Tax AUD Index
The Index comprises:
A diversified group of the 50 largest companies by full market capitalisation, in the mainland Chinese market.
Companies eligible for inclusion in Index:
- The eligible universe of securities is the FTSE Global China A All Cap Free Index.
- A liquidity screen is conducted semi-annually in March and September based on each security’s monthly median daily trading.
- Securities with a Free-float Market Capitalisation of 5% or below are not eligible for inclusion in the Index.
- A securities’ weight in the Index will be reduced as it approaches the maximum foreign ownership limit.
- The 50 largest companies by full Market Capitalisation of the FTSE China A All Cap Free Index are selected to form the FTSE China A50 Net Tax AUD Index.
Further information about the Index and FTSE is available at www.ftserussell.com.
Index provider:
FTSE International Limited (FTSE), a member of the London Stock Exchange. FTSE is not a related body corporate of VanEck Investments Limited.
The VanEck FTSE China A50 ETF (the Fund) is not in any way sponsored, endorsed, sold or promoted by FTSE International Limited or the London Stock Exchange Group companies (LSEG) (together the Licensor Parties) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the FTSE China A50 Net Tax AUD Index (the Index) upon which the Fund is based, (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the Fund. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to VanEck or to its clients. The Index is calculated by FTSE or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to advise any person of any error therein. All rights in the Index vest in FTSE. “FTSE®” is a trademark of LSEG and is used by FTSE under license.
Performance
Holdings & allocations
Dividends
Election of Dividend Reinvestment Plan (DRP)
You can elect DRP by logging into Link’s Investor Centre (https://investorcentre.linkmarketservices.com.au/Login). Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Update”.