no en false false
UCTCNEW VanEck New China ESG UCITS ETF Please read important disclosure Close important disclosure true
Marketing Communication
CNEW

China ETF
VanEck New China ESG UCITS ETF

Marketing Communication
CNEW

China ETF
VanEck New China ESG UCITS ETF

ISIN: IE0000H445G8 copy-icon

Fund Description

The VanEck New China ESG UCITS ETF invests for growth in tomorrow’s China. Using an in-depth methodology, it invests in the Chinese economy’s sweet spot – the sustainable companies benefiting from consumer spending, healthcare demand and tech innovation.

  • NAV
    $14.60

    as of 08 Nov 2024
  • YTD RETURNS
    4.59%

    as of 08 Nov 2024
  • Total Net Assets
    $5.5 million

    as of 08 Nov 2024
  • Total Expense Ratio
    0.60%
  • Inception Date
    24 Sep 2021
  • SFDR Classification
    Article 8

Overview

Fund Description

The VanEck New China ESG UCITS ETF invests for growth in tomorrow’s China. Using an in-depth methodology, it invests in the Chinese economy’s sweet spot – the sustainable companies benefiting from consumer spending, healthcare demand and tech innovation.

  • Targeting tomorrow’s winners in China’s growth economy
  • In-depth methodology identifies financially sound growth companies
  • OWL Analytics environmental, social and governance methodology identifies sustainable businesses


Main Risk Factors:

Currency Risk,

Risk of investing in Emerging Markets, Risk of investing in China, Risk of investing in smaller companies. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

MarketGrader New China ESG Index

Fund Highlights

  • Targeting tomorrow’s winners in China’s growth economy
  • In-depth methodology identifies financially sound growth companies
  • OWL Analytics environmental, social and governance methodology identifies sustainable businesses


Risk Factors: Currency Risk, Risk of investing in Emerging Markets, Risk of investing in China, Risk of investing in smaller companies. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

MarketGrader New China ESG Index

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf

Performance

Holdings

Portfolio

Documents

Index

Index Description

The Index consists of the 100 most fundamentally sound companies (being companies with good financial results based on an analysis of each company’s income statements, statements of cash flows and balance sheets) with the most solid growth prospects in China's new economy sectors (Consumer Discretionary, Consumer Staples, Health Care and Technology) that are domiciled in China. In addition, the companies selected into the Index are compliant (above median performers) with Environmental, Sustainability and Governance (ESG) criteria based on the OWL Analytics consensus ESG Score.

Index Key Points

Underlying Index
MarketGrader New China ESG Index

 

Index composition

The MarketGrader New China ESG Index is an equally-weighted index that includes 100 chinese stocks screened thoroughly from both a fundamental and ESG perspective. The selected companies operate in those four sectors that are expected to drive the future growth of the Chinese economy, as identified by the MarketGrader Global Classification System. The index is subject to semi-annual rebalance and presents a sector cap of 30%.

Companies initially eligible for inclusion in Index

  • Companies need to be active in one of those four sectors expected to lead future growth: consumer staples and discretionary, healthcare and technology
  • Market cap exceeding USD 500 million
  • 3-Month average daily traded volume exceeding USD 2 million
  • Only companies displaying strong fundamentals are eligible for inclusion. The index provider calculates a series of fundamental metrics that are then aggregated into 24 indicators. These are classified into the four categories of Growth, Value, Profitability and Cash Flow. As last step, these 24 metrics are then reduced to one single MarketGrader score ranging from 0 to 100. A score higher than 60 signifies a “buy” rating, meaning that the company is forecasted to generate long-term and sustainable value.
  • Thorough ESG screening in partnership with OWL Analytics which leverages the largest ESG data set in the industry, gathered through corporate disclosures and filings, news sources, research firms and more. Selected companies need to rank above the median ESG rating of their sector. In this way only the companies applying the best ESG principles in their field are included in the index.

 

Index Provider
MarketGrader

 

Download Index Methodology

Awards

Main Risks

Main Risk Factors of China ETF

While the diversification in a multi-asset strategy reduces risk, it is important to remember that all investments carry some risk. The Multi-Asset Funds by VanEck are subject to the four risks below:

Icon

The securities of smaller companies may be more volatile and less liquid than the securities of large companies. Smaller companies, when compared with larger companies, may have a shorter history of operations, fewer financial resources, less competitive strength, may have a less diversified product line, may be more susceptible to market pressure and may have a smaller market for their securities.

Icon

Investments in emerging market countries are subject to specific risks and securities are generally less liquid and less efficient and securities markets may be less well regulated. Specific risks may be heightened by currency fluctuations and exchange control; imposition of restrictions on the repatriation of funds or other assets; governmental interference; higher inflation; social, economic and political uncertainties.

Icon

The information provided to third parties seeking to invest in Chinese domiciled companies might be inaccurate and the review by appropriate regulators of Chinese financial statements may not be adequate.