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CNXT Stock - VanEck ChiNext ETF

Expense Ratio: 0.65%

CNXT ETF Stock Chart

CNXT Profile

VanEck ChiNext ETF logo

The VanEck Vectors ChinaAMC SME-ChiNext ETF, with the ticker symbol CNXT, is an exchange-traded fund that seeks to track the performance of the SME-ChiNext 100 Index. The ETF invests in a diversified portfolio of small and mid-cap Chinese companies listed on the ChiNext board and the Small and Medium Enterprise Board of the Shenzhen Stock Exchange. Here's an extended company report for the VanEck Vectors ChinaAMC SME-ChiNext ETF:

The VanEck Vectors ChinaAMC SME-ChiNext ETF was launched in 2014 by VanEck, a global investment management firm, in collaboration with China Asset Management, a leading asset management company in China. The ETF seeks to track the performance of the SME-ChiNext 100 Index, which is designed to measure the performance of small and mid-cap Chinese companies listed on the ChiNext board and the Small and Medium Enterprise Board of the Shenzhen Stock Exchange.

The VanEck Vectors ChinaAMC SME-ChiNext ETF provides investors with exposure to small and mid-cap Chinese companies through a diversified portfolio of companies listed on the ChiNext board and the Small and Medium Enterprise Board of the Shenzhen Stock Exchange. The ETF's investment strategy seeks to provide investors with exposure to the growing Chinese economy while maintaining a diversified portfolio of investments.

As of March 18, 2023, the VanEck Vectors ChinaAMC SME-ChiNext ETF had a net asset value of approximately $270 million. The ETF's expense ratio is 0.65%, which is higher than the average expense ratio for similar ETFs.

Investing in the VanEck Vectors ChinaAMC SME-ChiNext ETF involves risks, including the risk that the ETF's performance may be affected by changes in the Chinese economy, changes in government regulations, and other factors that may impact the small and mid-cap Chinese companies in which the ETF invests. In addition, the ETF's performance may be affected by changes in market conditions, as well as fluctuations in the prices of individual securities held by the ETF.

In conclusion, the VanEck Vectors ChinaAMC SME-ChiNext ETF provides investors with exposure to small and mid-cap Chinese companies through a diversified portfolio of companies listed on the ChiNext board and the Small and Medium Enterprise Board of the Shenzhen Stock Exchange. The ETF's investment strategy seeks to provide investors with exposure to the growing Chinese economy while maintaining a diversified portfolio of investments. However, investors should carefully consider the risks and potential benefits of investing in the VanEck Vectors ChinaAMC SME-ChiNext ETF before making any investment


 

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