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GLCN (formerly PEK)
VanEck Vectors China Growth Leaders ETF

Latest Market Updates*

  • China presents investors with unique growth opportunities as its economy evolves into an economic powerhouse, but broad benchmarks for China are filled with potentially undesirable and troublesome companies.
  • Fundamentally-driven stock selection may help investors get exposure to the best stocks in China, while excluding the rest.
  • MarketGrader’s company scoring methodology is based on an evaluation of metrics that measure growth, value and quality, which helps identify leading companies with the best growth potential.

Learn more: Follow the Growth Leaders

Fund Description

VanEck Vectors® China Growth Leaders ETF (GLCN) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketGrader China All-Cap Growth Leaders Index (MGCNGRNR), which consists of fundamentally sound Chinese companies that exhibit attractive growth potential at a reasonable price.

 
 

  • Fund Ticker

    GLCN
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MGCNGRNR
  • Index Rebalancing

    Semi-Annually

 
as of 09/18/20

  • 30-Day SEC Yield1

    0.95%
  • Total Net Assets

    $38.3M
  • Number of Holdings

    199
  • Options

    Expected
  • Gross Expense Ratio2

    1.07%
  • Net Expense Ratio/TER2

    0.60%
  • Distribution Frequency

    Annual

Index Key Points

Underlying Index: MarketGrader China All Cap Growth Leaders Index (MGCNGRNR)


The Index comprises:

Chinese equity securities which are generally considered by MarketGrader (the “Index Provider”) to exhibit favorable fundamental characteristics according to the Index Provider’s proprietary scoring methodology.


Companies eligible for inclusion in Index:

  • Companies domiciled in China and listed on an eligible stock exchange, as determined by the index provider
  • Market cap exceeding $200 million. Three-month average daily trading volume of at least $2 million
  • Stocks are weighted according to free-float market cap and issuers are capped at 5% max position at rebalance


Index provider:

MarketGrader

Index Profile

  • Ticker

    MGCNGRNR
  • Inception Date

    02/21/2020
  • Rebalance Frequency

    Semi-Annually

Index Top 10 Constituents (%) as of 08/31/20 Download All Index Constituents

Total Constituents: 199
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full data
Constituent Name
Ticker
Weightings (%)
Netease Inc-Adr
NTES US
5.87
Kweichow Moutai Co Ltd-A
600519 C1
5.85
Wuliangye Yibin Co Ltd-A
000858 C2
5.79
Alibaba Group Holding-Sp Adr
BABA US
5.29
China Merchants Bank-A
600036 C1
4.27
Gree Electric Appliances I-A
000651 C2
3.47
Jiangsu Hengrui Medicine C-A
600276 C1
3.27
Luxshare Precision Industr-A
002475 C2
3.23
Industrial Bank Co Ltd -A
601166 C1
3.15
China Pacific Insurance Gr-A
601601 C1
3.04
Top 10 Total (%) 43.23
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 08/31/20

  • Country

    Weightings (%)
  • China

    99.9
  • Hong Kong

    0.1

Index Sector Weightings (%) as of 08/31/20

  • Sector

    Weightings (%)
  • Consumer Staples

    22.9
  • Financials

    13.4
  • Consumer Discretionary

    12.5
  • Health Care

    10.5
  • Information Technology

    10.4
  • Industrials

    8.7
  • Communication Services

    8.3
  • Real Estate

    6.7
  • Materials

    5.9
  • Energy

    0.4
  • Utilities

    0.3