New ETFs On The Block: Market Vectors China-AMC SME-Chinext ETF (CNXT)

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Market Vectors, the NY-based exchange-traded fund issuing arm of Van Eck Global, added another China-focused fund to its kitty with the launch of the Market Vectors China-AMC SME-ChiNext ETF (CNXT). The new fund aims to give direct exposure in China A-shares through the sub-advisor’s RQFII (Renminbi Qualified Foreign Institutional Investor) quota. A-shares are companies incorporated in China and trade on …