Key stats
About VE CH NEW ETF UNITS
Home page
Inception date
Nov 8, 2018
Replication method
Physical
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Van Eck Associates Corp.
ISIN
AU0000028185
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Non-Durables
Health Technology
Electronic Technology
Consumer Durables
Stocks99.04%
Consumer Non-Durables27.58%
Health Technology23.87%
Electronic Technology20.84%
Consumer Durables15.89%
Process Industries4.47%
Consumer Services2.33%
Technology Services1.63%
Retail Trade1.56%
Commercial Services0.87%
Bonds, Cash & Other0.96%
Corporate0.81%
Cash0.15%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CNEW invests in stocks. The fund's major sectors are Consumer Non-Durables, with 27.58% stocks, and Health Technology, with 23.87% of the basket. The assets are mostly located in the Asia region.
CNEW top holdings are Sunshine Guojian Pharmaceutical (Shanghai) Co., Ltd. Class A and Fujian Wanchen Biotechnology Group Co., Ltd. Class A, occupying 2.14% and 1.81% of the portfolio correspondingly.
CNEW last dividends amounted to 0.12 AUD. The year before, the issuer paid 0.11 AUD in dividends, which shows a 8.33% increase.
CNEW assets under management is 94.15 M AUD. It's risen 2.25% over the last month.
CNEW fund flows account for −30.48 M AUD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CNEW pays dividends to its holders with the dividend yield of 1.73%. The last dividend (Jul 23, 2024) amounted to 0.12 AUD. The dividends are paid annually.
CNEW shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Nov 8, 2018, and its management style is Passive.
CNEW expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
CNEW follows the CSI MarketGrader China New Economy Index - CNY. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CNEW invests in stocks.
CNEW price has risen by 1.95% over the last month, and its yearly performance shows a 6.40% increase. See more dynamics on CNEW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.52% over the last month, showed a −3.65% decrease in three-month performance and has increased by 8.49% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.52% over the last month, showed a −3.65% decrease in three-month performance and has increased by 8.49% in a year.
CNEW trades at a premium (0.79%) meaning the ETF is trading at a higher price than the calculated NAV.