GLCN
VanEck China Growth Leaders ETF
GLCN
VanEck China Growth Leaders ETF
-
NAV
$23.35
as of June 09, 2023 -
YTD RETURNS
-7.90%
as of June 09, 2023 -
Total Net Assets
$14.01M
as of June 09, 2023 -
Gross Expense Ratio
1.16% -
Net Expense Ratio
0.60% -
Inception Date
10/13/2010
Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, trading expenses, taxes and extraordinary expenses) from exceeding 0.60% of the Fund's average daily net assets per year until at least May 1, 2024. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation.
Fund Description
VanEck 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.
Overview
Fund Highlights
- Access fundamentally sound Chinese companies with attractive growth potential at a reasonable price (“GARP”)
- Represents the entire Chinese opportunity set regardless of size or listing location6
- Potential to outperform traditional capitalization-weighted benchmarks by selecting top-ranked companies