CBON

VanEck Vectors ChinaAMC China Bond ETF
F

N/A
*Unless otherwise stated, data provided by FactSet.

CBON Fund Description

The VanEck Vectors ChinaAMC China Bond ETF tracks an investment-grade broad-maturity government/credit onshore RMB-denominated China bond index.

CBON Factset Analytics Insight

CBON is the first ETF to access bonds issued in the Chinese mainland, relying on renminbi qualified foreign institutional investor (RQFII) status. Its 50 bp expensive ratio is not cheap, but reasonable for a non-USD international bond fund. The fund invests in RMB-denominated bonds issued in China’s onshore market by Chinese credit, sovereign and quasi-sovereign issuers. We expect CBON to struggle in tracking its index, but this may not deter investors with few other alternatives. Trade the new fund with care until its market fully matures. If it grows in assets, institutional investors should monitor CBON’s RQFII quota status for potential impediments to creation.

CBON CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
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  • 3 Years
  • 5 Years
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COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/18/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CBON -3.14% -5.07% 1.47% 4.09% -0.14% -- --
CBON (NAV) -3.30% -6.39% 0.33% 3.29% -0.13% -- --
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CBON Top 10 Countries

CBON Top 10 Sectors

CBON Top 10 Holdings [View All]

CBON Summary Data

VanEck
11/10/14
Open-Ended Fund
0.50%
$4.56M
$22.90K
0.47%

CBON Portfolio Data

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08/01/18
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CBON Index Data

Market Value
Credit Rating
N/A

CBON Portfolio Management

0.50%
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CBON Tax Exposures

20.00% / 39.60%
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Ordinary income
No

CBON Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

CBON Factset Analytics Block Liquidity

As of 07/19/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CBON. CBON is rated a N/A out of 5.

CBON Tradability

646
$22.90K
288
$15.61K
0.47%
$0.11
-0.64%
0.65% / -1.84%
None
0.00%
100,000
0.00
0.07%
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$22.69
N/A

CBON Sector/Industry Breakdown


CBON
Segment Benchmark
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CBON Top 10 Holdings[View All]

39.14%
17.39%
8.52%
8.16%
5.15%
4.18%
4.12%
3.76%
3.35%
3.31%
97.08%

CBON Top 5 Countries


CBON
Segment Benchmark
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CBON Top 5 Currencies


CBON
Segment Benchmark
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CBON Economic Development


CBON
Segment Benchmark
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CBON Performance Statistics

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CBON HOLDINGS STATISTICS


CBON
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N/A

CBON MATURITY DISTRIBUTION


CBON
Segment Benchmark
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CBON CREDIT BREAKDOWN


CBON
Segment Benchmark
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