• Ticker:- CHLC;true;MVCHLC;
  • Ticker Group:- ETFFI_IB;false;;
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Renminbi Bond ETF CHLC

  • IMPORTANT NEWS: 

    This Fund Will Cease Trading on Friday, 12/12/14

    This Fund will cease trading at 4:00PM EST on December 12, 2014. Shareholders who do not sell their shares on or before December 12, 2014, will receive cash equal to the amount of the net asset value of their shares. Please read the Press Release and FAQs below for more detailed information.


     


     

  • Full Name: Market Vectors®
    Renminbi Bond ETF (CHLC)

    Management Style: Sampling

    Underlying Index: Market Vectors Renminbi Bond Index (MVCHLC)

    Index Provider: Market Vectors Index Solutions

    Index Description: MVCHLC is designed to track the performance of Chinese Renminbi-denominated bonds that are investable to market participants outside of Mainland China.

  •  
      

    • Fund Ticker

      CHLC
    • Exchange

      NYSE Arca
    • Commencement

      10/11/2011
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVCHLC
    • Index Rebalancing

      Monthly
  •  
    as of 12/16/14

    • 30-Day SEC Yield1

      3.01%
    • Total Net Assets

      $5.0M
    • Number of Holdings

      2
    • Options

      Expected
    • Gross Expense Ratio2

      3.08%
    • Net Expense Ratio/TER2

      0.39%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      12/26/2014
  • Index Key Points

    The Market Vectors® Renminbi Bond Index (MVCHLC) comprises: 

    Designed to track the performance of the Chinese Renminbi (RMB)-denominated bonds that are investable to market participants outside of mainland China. Includes fixed-rate offshore RMB-denominated government bonds, quasi-government bonds, supranational bonds and corporate bonds.

    Index Provider: Market Vectors Index Solutions

  • Index Profile

    • Ticker

      MVCHLC
    • Inception Date

      09/30/2011
    • Rebalance Frequency

      Monthly
  • Index Fundamentals4
    as of 12/16/14

    • Yield to Worst

      3.68%
    • Yield to Maturity

      3.69%
    • Effective Duration (yrs)

      2.25
    • Modified Duration (yrs)

      2.25
    • Years to Maturity

      2.53
    • Coupon

      3.39%
     4 See Important Disclosure for definitions.
  • Top 10 Constituents (%)as of 11/30/14

    Total Constituents: 131
    Constituent Name
    Coupon
    Maturity Weighting (%)
    China Government Bond
    0.000
    01/01/1900
    2.83
    China Government Bond
    1.850
    06/29/2015
    2.75
    China Government Bond
    2.870
    06/27/2016
    2.40
    China Government Bond
    2.560
    06/29/2017
    2.08
    China Construct Bk Asia
    3.250
    03/13/2016
    1.99
    China Government Bond
    2.600
    11/22/2016
    1.69
    Eastern Air Overseas Hk
    4.800
    03/13/2017
    1.67
    China Government Bond
    1.400
    08/18/2016
    1.66
    China Government Bond
    0.000
    01/01/1900
    1.51
    China Guangdong Nuclear
    3.750
    11/01/2015
    1.50
    Top 10 Total (%)20.08
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 11/30/14

    • Country

      % of Net Assets
    • CHINA

      66.6
    • NA / UNDEFINED

      9.0
    • U.S.

      3.7
    • HONG KONG

      3.3
    • GERMANY

      2.6
    • UNITED KINGDOM

      2.6
    • SOUTH KOREA

      2.2
    • RUSSIA

      1.9
    • FRANCE

      1.8
    • SINGAPORE

      1.3
    • MALAYSIA

      0.8
    • NEW ZEALAND

      0.6
    • SUPRA-NATIONAL

      0.6
    • INDIA

      0.5
    • NETHERLANDS

      0.5
    • AUSTRALIA

      0.5
    • SWEDEN

      0.5
    • BRAZIL

      0.5
    • JAPAN

      0.5
  • Index Sector Weightings (%) as of 11/30/14

    • Sector

      % of Net Assets
    • Financial

      52.1
    • Government

      26.5
    • Consumer, Cyclical

      6.7
    • Basic Materials

      4.5
    • Utilities

      3.9
    • Industrial

      2.2
    • Energy

      1.7
    • Consumer, Non-cyclical

      1.6
    • Diversified

      0.9
  • Index Credit Quality (%)
    as of 11/30/14

    Composite % of Net Assets
    Investment Grade AAA 2.45
    AA 3.55
    A 32.80
    BBB 8.26
    Total Investment Grade 47.05
    Not Rated 52.95
    Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion.
  • Maturity (%) as of 11/30/14

    Average Maturity: 2.55 Years