Key highlights

  • ASX:CETF physically replicates the FTSE China A50 Index by investing directly in its constituents.
  • China accounts for 97.55% of the portfolio, with Hong Kong at 2.29%.
  • Kweichow Moutai (7.97%) and Contemporary Amperex Technology (6.48%) are the largest holdings.

The VanEck FTSE China A50 ETF (ASX:CETF) gives investors exposure to 50 of the largest companies listed on mainland Chinese exchanges, known as A-shares. It uses a passive strategy of physically replicating the FTSE China A50 Index by investing directly in the securities that make up the index, in proportion to their weightings.

About the Fund

CETF was admitted to the ASX on 26 June 2015 and is classified in the Equity Greater China category. Its benchmark is the FTSE China A50 Net Return Index in Australian dollars. The fund has about $32.27 million in assets, and the management fee is 0.60%. The fund may also hold other securities needed to achieve its investment objective, as permitted under the AQUA Rules.

Country exposure

The largest country allocation is China at 97.55%, followed by Hong Kong at 2.29%. The remaining exposure is spread across the United States (0.16%).

Every holding is a company with a market value above $1 billion, and stocks make up 99.99% of the portfolio.

Portfolio holdings

The portfolio holds 54 companies, with top ten holdings making up 42.86% of the fund. The largest positions are Kweichow Moutai Co Ltd Class A (7.97%), Contemporary Amperex Technology Co Ltd Class A (6.48%), Zhongji Innolight Co Ltd Class A (4.53%), China Merchants Bank Co Ltd Class A (4.3%) and China Yangtze Power Co Ltd Class A (3.53%).

The top ten also include Foxconn Industrial Internet, Cambricon Technologies, Industrial and Commercial Bank of China, Agricultural Bank of China and Zijin Mining. The portfolio combines consumer, battery, banking, power and technology names.

Understanding the exposure

The five largest positions add up to 26.81% of the fund, which shows how much of the exposure rests on a small number of names. The remaining 44 holdings share the other 57.14% of the portfolio, an average of about 1.30% each. Exposure is spread across 3 countries or regions, and the three largest allocations (China, Hong Kong and the United States) together account for 100% of the portfolio.

Fees, size and distributions

The most recent distribution was a final distribution of $1.190 per unit, with an ex-date of 1 July 2026 and payment on 27 July 2026, and the reported annual yield is 2.07%.

Fund structure and reporting

CETF has an ISIN of AU00000CETF5 and a head office at Level 12, Suite 1, 60 Castlereagh Street, Sydney. Recent ASX announcements from the fund include issued-units-outstanding notices, a replacement Product Disclosure Statement on 20 July 2026 and the annual report for the year ended 30 June 2026.

Equity Greater China funds invest in the securities of companies listed in China, including Hong Kong and Taiwan, with securities from these markets typically accounting for at least 75% of the portfolio.

Units in CETF are quoted on the ASX and can be bought and sold through a broker during trading hours, in the same way as shares, so the exposure described above is available without buying each holding separately. The fund follows a rules-based index, so its holdings and weightings are set by the index methodology and adjusted when the index is rebalanced.