CBON

VanEck China Bond ETF

$22.45
+0.00%
Market closed. Last update: 11:43 PM ET

📎 Investment Objective

The VanEck China Bond ETF (CBON) seeks to provide investment results that closely correspond, before fees and expenses, to the price and yield performance of the MVIS® China Bond Index.

Overview

ETF tracking VanEck China Bond ETF

Issuer VanEck
Inception Date 2014-11-11
Market Cap $18.0M
Average Volume N/A
Dividend Yield 1.42%
52-Week Range $21.65 - $22.51
VWAP $22.51

Performance

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Investment Summary

📎 Investment Objective

The VanEck China Bond ETF (CBON) seeks to provide investment results that closely correspond, before fees and expenses, to the price and yield performance of the MVIS® China Bond Index.

🎯 Investment Strategy

The fund invests primarily in bonds issued by the Chinese government and Chinese companies. It seeks to track the performance of the MVIS® China Bond Index, which is designed to measure the performance of the Chinese bond market.

✨ Key Features

  • Provides exposure to the Chinese bond market through a diversified portfolio of government and corporate bonds
  • Tracks the MVIS® China Bond Index, which is designed to represent the performance of the Chinese bond market
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Exposure to the Chinese bond market, which may be subject to greater volatility and political/economic risks compared to developed markets
  • Interest rate risk, as bond prices may decline when interest rates rise
  • Credit risk, as the fund is exposed to the creditworthiness of the issuers of the bonds it holds
  • Currency risk, as the fund's holdings are denominated in Chinese yuan

👤 Best For

The VanEck China Bond ETF may be suitable for investors seeking exposure to the Chinese bond market as part of a diversified fixed income portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with investing in emerging market debt.