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CETF

ASX
58.22000 AUD
0.29
0.50%
Last update Jul 11, 3:32 PM AEST
Market closed
Day range
57.91000
58.60000
Previous close
57.93000
Open
57.99000
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VanEck FTSE China A50 ETF
58.22
0.29
0.50%

Overview

Description

The VanEck FTSE China A50 ETF is an exchange-traded fund that seeks to track the performance of the FTSE China A50 Index. This index is composed of the 50 largest Chinese A-shares companies listed on the Shanghai and Shenzhen stock exchanges. The primary purpose of this ETF is to provide investors with targeted exposure to the Chinese mainland equity market, specifically focusing on the more liquid and sizable segment of the A-shares market. A notable feature of the VanEck FTSE China A50 ETF is its emphasis on high market-cap companies, which often are leaders in sectors such as financials, consumer discretionary, industrials, and telecommunications. It serves as a pivotal instrument for investors looking to gain access to China's dynamic economic landscape and emerging market status. The ETF plays a significant role in the global investment market as it offers diversified exposure to one of the world's largest and fastest-growing economies, with direct access to a market previously more challenging for international investors to enter. Through this ETF, institutional and retail investors can efficiently allocate part of their portfolio to track the economic growth and sector developments within China.

About

Address
Phone
888-658-8287
Website
Instrument type
ETF
Country
Australia
MIC code
XASX
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 9 hours 46 minutes

21:13
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 10:00
Main market
10:00 - 16:00
Post-market
16:00 - 16:12
All times are displayed in the Australia/Sydney timezone (AEST, UTC+10:00).