ICBC CREDIT SUISSE

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.

159709 trades at 0.883 CNY today, its price has risen 0.57% in the past 24 hours. Track more dynamics on 159709 price chart.

159709 net asset value is 0.88 today — it's fallen 0.15% 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.

159709 assets under management is ‪74.68 M‬ 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.

159709 price has fallen by −1.45% over the last month, and its yearly performance shows a 16.80% increase. See more dynamics on 159709 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.15% over the last month, have fallen by −0.15% over the last month, showed a −6.60% decrease in three-month performance and has increased by 18.46% in a year.

159709 fund flows account for ‪−25.87 M‬ 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.

159709 invests in stocks. See more details in our Analysis section.

No, 159709 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, 159709 technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 159709 shows the strong buy signal. See more of 159709 technicals for a more comprehensive analysis.

No, 159709 doesn't pay dividends to its holders.

159709 trades at a premium (0.06%).
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.

159709 shares are issued by ICBC Credit Suisse Asset Management Co., Ltd.

159709 follows the Shenzhen Stock Exchange Internet of Things 50 Index Yield. - CNY - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Jun 18, 2021.