Canadian ETF knowledgebase
The fund has been designed to replicate, to the extent possible, the performance of the BNY Mellon China Select ADR Index, net of expenses.
The ETF will gain exposure to the broad Chinese equity market by holding a basket of American Depository Receipts.
The ETF invests in and holds the constituent securities of the index in the same proportion as they are reflected in the index.
The BNY Mellon China Select ADR Index is comprised of a select group of American depositary receipts traded on the New York Stock Exchange (NYSE), NYSE Amex or NASDAQ which are domiciled in China.
The index weights are rebalanced quarterly.
|Category (main)||China Equity: Broad Equities|
|Underlying Index||BNY Mellon China Select ADR Index|
|ETF Structure||Passive type. Endeavours to return the Index return before fees/costs|
|Asset Class||Equity via American Depositary Receipts (ADRs)|
|Sub-Asset Class||China Broad Equities|
|ETF Home Page||Available here|
|Inception Date||Jan 19, 2010|
|Significant Currency Exposure||Yes|
|Management Expense Ratio (MER)||0.72%|
|Exchange||TSX (Toronto Stock Exchange)|
|Eligibility *||RRSP, RRIF, RESP, TFSA, DPSP, RDSP|
|DRIP available **||Yes|
|PACC Plan available **||Unknown|
|SWP available **||Unknown|
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:
Canada ETFs's analysis of this ETF will be available soon.