CNXT
VanEck ChiNext ETF
📎 Investment Objective
The VanEck ChiNext ETF (CNXT) seeks to track the performance of the NASDAQ OMX China A-Share ChiNext Index, which is designed to measure the performance of the 100 largest and most liquid China A-share stocks listed and trading on the ChiNext market.
Overview
ETF tracking VanEck ChiNext ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The VanEck ChiNext ETF (CNXT) seeks to track the performance of the NASDAQ OMX China A-Share ChiNext Index, which is designed to measure the performance of the 100 largest and most liquid China A-share stocks listed and trading on the ChiNext market.
🎯 Investment Strategy
The fund invests in a representative sample of securities included in the underlying index to seek to track its performance. The ChiNext market is a NASDAQ-style market for high-growth, high-tech companies in China.
✨ Key Features
- Provides exposure to the ChiNext market, which focuses on high-growth, innovative Chinese companies
- Tracks the NASDAQ OMX China A-Share ChiNext Index, which includes the 100 largest and most liquid ChiNext stocks
- Invests in China A-shares, which are shares of mainland Chinese companies traded on the Shanghai and Shenzhen stock exchanges
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific segment of the Chinese equity market
- Exposure to Chinese market and regulatory environment, which can be volatile and uncertain
- Currency risk as the fund's holdings are denominated in Chinese yuan
- Liquidity risk due to the relatively small size and trading volume of the fund
👤 Best For
The VanEck ChiNext ETF may be suitable for investors seeking exposure to high-growth, innovative Chinese companies, as part of a diversified portfolio. However, due to the fund's concentration and the risks associated with the Chinese market, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.