Global exchange-traded fund - China Merchants SZSE TMT50 Total Return Index ETF

CHINA

China Merchants SZSE TMT50 Total Return Index ETF increases against the trend 24 July, 2017

NEWS BITES - ETF

China Merchants SZSE TMT50 Total Return Index ETF (SZ:159909), the 50th largest Exchange Traded Fund by market cap in China, has increased 1.0 fen (or 0.2%) from its last trading session of July 21, 2017 to close at CNY4.98. Compared with the Morgan Stanley Capital International China Index which rose 2.7 points (0.5%) in the day, the relative price change was -0.3%. The volume was 0.8 times the average daily trading of 5,045 units.

SECTION 1

CHINA MERCHANTS SZSE TMT50 TOTAL RETURN INDEX ETF BULLISH SIGNALS

Technicals:

+ Rises to Falls: in the past month the number of rises outnumbered falls 10:4 or 2.5:1.

+ The ETF's relative price strength percentile is rising at 75 for 6 months, 82 for 3 months and 82 for 1 month.

+ The present value of CNY1,000 (PV1000) invested three years ago in China Merchants SZSE TMT50 Total Return Index ETF is CNY1,476, for a capital gain of CNY476.

+ 3 years Multiplier in CNY = 1.476x

+ Compound Annual Growth Rate (CAGR) in CNY = 13.7%

Present Value of USD1,000 invested 3 years ago:

+ The present value of USD1,000 (PV1000) invested three years ago in China Merchants SZSE TMT50 Total Return Index ETF is $US1,356, for a capital gain of $US356.

+ 3 years ago USD 1 equalled CNY 6.2035

+ 3 years Multiplier in USD = 1.356x

+ Compound Annual Growth Rate (CAGR) in USD = 10.6%

SECTION 2

CHINA MERCHANTS SZSE TMT50 TOTAL RETURN INDEX ETF BEARISH SIGNALS

Low Performance Indicators:

DescriptionValueRank In Market
Today's TurnoverCNY18,848 (US$2,791)In Bottom Quartile
Volatility %1.2In Bottom Quartile

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 3,800 units worth CNY18,848 (US$2,791) traded today.

+ China Merchants SZSE TMT50 Total Return Index ETF is at a discount of 2.4% to its 12-month high of CNY5.10 on November 16, 2016. It is also at a premium of 14.2% to the 12-month low of CNY4.36 on January 16.

3.2 Year-on-Year Comparison (Trailing year - ended 30 Jun)

In the past 4 years, 159909 has jumped 63.1% from 3.06 to 4.99, an average annual compound rise of 13.0%.

20172016201520142013
Close4.994.967.163.493.06
% Price Change0.6-30.7105.313.8
Avg Daily Volume8,2991,135,697760,875444,072389,615
VWP4.666.277.632.2
Turnover Period24 yrs 9 mo34 d42 d26 yrs 11 mo3 yrs 9 mo
Price Range4.36 - 5.14.43 - 7.63.23 - 10.033.01 - 42.05 - 3.49

In the past 4 years average daily volume has declined 97.9% from 389,615 units to 8,299 units. Turnover period has increased from 3 years 9 months to 24 years 9 months. This indicates a larger number of core investors, making a long-term investment safer.

SECTION 4

RANKING

4.1 Rank in Asia Region out of 744 ETFs

Its 6-month relative strength (or price percentile rank) in USD is 62.

DescriptionValueRankQuartile
Net Assets (US$)10.7M277Second
Rel Strength 6 Mo (US$)62279Second
Price/NAV0.982744Second

* 1 year ago USD 1 equalled CNY 6.68

Jul 24, 2017: USD 1 equals CNY 6.7522

4.2 Rank in the Total China ETF Market [out of 69 ETFs]

DescriptionValueRank
Net Assets (CNY)75.8M51
Rel Strength 6 Mon (CNY)4836

SECTION 5

PROFILE

5.1 Description

China Merchants SZSE TMT50 Total Return Index ETF is an exchange traded fund incorporated in China. The Fund's objective is to track the performance of the SZSE TMT50 Total Return Index while minimizing the tracking errors. The Fund invests in the member companies of the SZSE TMT50 Total Return Index.

5.2 SNAPSHOT

China Merchants SZSE TMT50 Total Return Index ETF (SZ:159909)

ISIN: CNE100001872

Inception DateSeptember 01, 2011
CategoryBroad Market-Equity
Fund Family NameChina Merchants Funds
Asset ClassEquity ETF

5.3 Fund Manager

+ The manager of the ETF is Ping Wang.

159909.SZ

Source: www.BuySellSignals.com