CHINA ASSET MANAGEMENT CO CHINAAMC GOLD ETFCHINA ASSET MANAGEMENT CO CHINAAMC GOLD ETFCHINA ASSET MANAGEMENT CO CHINAAMC GOLD ETF

CHINA ASSET MANAGEMENT CO CHINAAMC GOLD ETF

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Key stats


Assets under management (AUM)
‪4.35 B‬CNY
Fund flows (1Y)
‪3.54 B‬CNY
Dividend yield (indicated)
Discount/Premium to NAV
0.3%
Shares outstanding
‪598.28 M‬
Expense ratio
0.60%

About CHINA ASSET MANAGEMENT CO CHINAAMC GOLD ETF


Brand
ChinaAMC
Home page
Inception date
Apr 13, 2020
Structure
Open-Ended Fund
Index tracked
LBMA Gold Price AM CNY Return
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Primary advisor
China Asset Management Co., Ltd.
ISIN
CNE100003VD9
closely track the performance of domestic spot gold prices, and strive to achieve the absolute value of the daily average tracking deviation not exceeding that of the domestic spot gold prices 0.2%The annualized tracking err does not exceed 2%

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Physically held
Strategy
Vanilla
Geography
China
Weighting scheme
Single asset
Selection criteria
Single asset
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to 518850 via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
518850 trades at 7.489 CNY today, its price has risen 0.11% in the past 24 hours. Track more dynamics on 518850 price chart.
518850 net asset value is 7.46 today — it's fallen 3.79% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
518850 assets under management is ‪4.35 B‬ CNY. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
518850 price has fallen by −5.26% over the last month, and its yearly performance shows a 37.24% increase. See more dynamics on 518850 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −3.79% over the last month, have fallen by −3.79% over the last month, showed a 12.18% increase in three-month performance and has increased by 34.19% in a year.
518850 fund flows account for ‪3.54 B‬ CNY (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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
518850 expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, 518850 isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, 518850 technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 518850 shows the buy signal. See more of 518850 technicals for a more comprehensive analysis.
No, 518850 doesn't pay dividends to its holders.
518850 trades at a premium (0.27%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
518850 shares are issued by CITIC Securities Co., Ltd.
518850 follows the LBMA Gold Price AM CNY Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 13, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.