CBON
VanEck China Bond ETF
CBON
VanEck China Bond ETF
CBON
VanEck China Bond ETF
CBON
VanEck China Bond ETF
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NAV$21.99
as of May 10, 2024 -
Total Net Assets$24.19M
as of May 10, 2024 -
Inception Date11/10/2014
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Gross Expense Ratio0.51%
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Net Expense Ratio0.51%
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30-Day SEC Yield1.75%
Fund Description
The VanEck China Bond ETF (CBON®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ChinaBond China High Quality Bond Index (CHQU01TR), which is comprised of fixed-rate, Renminbi ("RMB")-denominated bonds issued in the People's Republic of China by Chinese credit, governmental and quasi-governmental (e.g., policy banks) issuers.
Overview
Fund Highlights
- Access to the world's second largest bond market
- High credit quality, including corporate issuers rated AAA by local rating agencies
- Low correlation to other asset classes
(Source: FactSet and ICE Data Indices, LLC.)