VanEck CNEW ETF (ASX:CNEW)
The VanEck CNEW ETF provides investors with exposure to Chinese companies primarily from the IT, health care, consumer staples and consumer discretionary sectors.
What does the CNEW invest in?
CNEW invests in Chinese companies that are part of the “new economy” (i.e., growth sectors). This ETF has high weightings in the food and beverage, biotechnology, consumer staples, health care, and information technology sectors. Purchasing this ETF will give you exposure to around 120 Chinese companies.
What do investors use CNEW for?
Investors could use this ETF to gain exposure to growth industries within the Chinese economy.
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