GLCN (formerly PEK)VanEck Vectors China Growth Leaders ETF
Fund Description
VanEck Vectors® China Growth Leaders ETF (GLCN) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketGrader China All-Cap Growth Leaders Index (MGCNGRNR), which consists of fundamentally sound Chinese companies that exhibit attractive growth potential at a reasonable price.
-
Fund Ticker
GLCN -
Exchange
NYSE Arca -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Custodian
State Street Bank and Trust Company -
Index Ticker
MGCNGRNR -
Index Rebalancing
Semi-Annually
as of 04/14/21
-
30-Day SEC Yield1
0.31% -
Total Net Assets
$35.5M -
Number of Holdings
201 -
Options
Expected -
Gross Expense Ratio2
1.07% -
Net Expense Ratio/TER2
0.60% -
Distribution Frequency
Annual
Key Points
- Access fundamentally sound Chinese companies with attractive growth potential at a reasonable price (“GARP”)
- Represents the entire Chinese opportunity set regardless of size or listing location6
- Potential to outperform traditional capitalization-weighted benchmarks by selecting top-ranked companies
Trading Information
-
Fund Ticker
GLCN -
Index Total Return
MGCNGRNR
Ticker -
NAV
GLCNNV -
Intraday NAV (IIV)4
GLCNNIV -
Shares Outstanding
800,000 -
Estimated Cash
GLCNEU -
Total Cash
GLCNTC -
CUSIP
92189F759 -
ISIN
US92189F7592
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.57% -
Gross Expense Ratio
1.07% -
Fee Waivers andExpense Reimbursement
-0.47% -
Net Expense Ratio/TER2
0.60%
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Prices as of 04/14/21
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 10/13/10 |
|
---|---|---|---|---|---|---|---|---|
GLCN (NAV) | -7.36 | -4.30 | -4.30 | 45.96 | 5.05 | 8.21 | 4.23 | 4.16 |
GLCN (Share Price) | -7.30 | -3.36 | -3.36 | 46.71 | 4.99 | 8.37 | 3.09 | 4.13 |
MGCNGRNR (Index) | -7.49 | -4.44 | -4.44 | 49.23 | 9.17 | 11.19 | 6.62 | 6.53 |
Performance Differential (NAV - Index) | 0.13 | 0.14 | 0.14 | -3.27 | -4.12 | -2.98 | -2.39 | -2.37 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 10/13/10 |
|
---|---|---|---|---|---|---|---|---|
GLCN (NAV) | -7.36 | -4.30 | -4.30 | 45.96 | 5.05 | 8.21 | 4.23 | 4.16 |
GLCN (Share Price) | -7.30 | -3.36 | -3.36 | 46.71 | 4.99 | 8.37 | 3.09 | 4.13 |
MGCNGRNR (Index) | -7.49 | -4.44 | -4.44 | 49.23 | 9.17 | 11.19 | 6.62 | 6.53 |
Performance Differential (NAV - Index) | 0.13 | 0.14 | 0.14 | -3.27 | -4.12 | -2.98 | -2.39 | -2.37 |
Top 10 Holdings (%) as of 03/31/21 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares |
Market Value (US$) |
% of Net Assets |
|
---|---|---|---|---|---|
WULIANGYE YIBIN CO LTD |
000858 C2
|
47,430
|
1,949,311 | 5.44 | |
TENCENT HOLDINGS LTD |
700 HK
|
21,300
|
1,699,824 | 4.74 | |
ALIBABA GROUP HOLDING LTD |
BABA US
|
7,407
|
1,679,389 | 4.68 | |
JD.COM INC |
JD US
|
19,702
|
1,661,470 | 4.63 | |
LONGI GREEN ENERGY TECHNOLOGY CO LTD |
601012 CH
|
120,883
|
1,635,136 | 4.56 | |
MUYUAN FOODS CO LTD |
002714 C2
|
86,589
|
1,326,439 | 3.70 | |
SANY HEAVY INDUSTRY CO LTD |
600031 CH
|
240,900
|
1,261,279 | 3.52 | |
LUZHOU LAOJIAO CO LTD |
000568 C2
|
30,328
|
1,046,876 | 2.92 | |
LUXSHARE PRECISION INDUSTRY CO LTD |
002475 C2
|
176,905
|
918,321 | 2.56 | |
CHANGCHUN HIGH & NEW TECHNOLOGY INDUSTR |
000661 C2
|
13,000
|
900,659 | 2.51 | |
Top 10 Total (%) | 39.26 |
Country Weightings (%) as of 03/31/21
-
Country
% of Net Assets -
■
China
99.92 -
■
Other/Cash
0.08
Sector Weightings (%) as of 03/31/21
-
Sector
% of Net Assets -
■
Consumer Staples
24.1 -
■
Consumer Discretionary
15.8 -
■
Information Technology
15.0 -
■
Industrials
12.0 -
■
Health Care
11.7 -
■
Materials
7.7 -
■
Communication Services
7.4 -
■
Real Estate
3.5 -
■
Financials
2.4 -
■
Energy
0.2 -
■
Other/Cash
0.1