CBON
VanEck Vectors ChinaAMC China Bond ETFCBON Fund Description
CBON 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
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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CBON Top 10 Holdings
CBON Portfolio Data
CBON Portfolio Management
CBON Tax Exposures
CBON Fund Structure
CBON Factset Analytics Block Liquidity
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
CBON Top 10 Holdings
CBON Performance Statistics
CBON HOLDINGS STATISTICS
CBON AVG LIFE MATURITY DISTRIBUTION
CBON OAS BREAKDOWN
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