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

CHINA

China Merchants SZSE TMT50 Total Return Index ETF increases 0.7% on robust volume 15 January, 2018

NEWS BITES - ETF

China Merchants SZSE TMT50 Total Return Index ETF (SZ:159909), the 45th largest Exchange Traded Fund by market cap in China, has increased 4.0 fen (or 0.7%) from its last trading session of January 12, 2018 to close at CNY5.50. The rise has been propped up by robust volume of 1.9 times the average daily volume of 6,801 units. The ETF rose for a second day on Monday bringing its two-day rise to 5.0 fen or 0.9%.

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 10:6 or 1.7:1.

+ In the last three months the ETF has hit a new 52-week high four times, pointing to an uptrend.

+ The present value of CNY1,000 (PV1000) invested one year ago in China Merchants SZSE TMT50 Total Return Index ETF is CNY1,198, for a capital gain of CNY198.

PV10001-week1-month1-year
159909.SZ1,0029911,198
Morgan Stanley Capital International World Index [MSCI World]1,0001,0041,178

+ The present value of CNY1,000 (PV1000) invested five years ago in China Merchants SZSE TMT50 Total Return Index ETF is CNY2,290, for a capital gain of CNY1,290.

+ 5 years Multiplier in CNY = 2.29x

+ Compound Annual Growth Rate (CAGR) in CNY = 18.0%

Present Value of USD1,000 invested 5 years ago:

+ The present value of USD1,000 (PV1000) invested five years ago in China Merchants SZSE TMT50 Total Return Index ETF is $US2,212, for a capital gain of $US1,212.

+ 5 years ago USD 1 equalled CNY 6.2189

+ 5 years Multiplier in USD = 2.212x

+ Compound Annual Growth Rate (CAGR) in USD = 17.2%

SECTION 2

CHINA MERCHANTS SZSE TMT50 TOTAL RETURN INDEX ETF BEARISH SIGNALS

2.1 Technicals:

+ The price decreased 0.9% in the last month.

2.2 Low Performance Indicators:

DescriptionValueRank In Market
Today's TurnoverCNY69,132 (US$10,738)In Bottom Quartile
Price/MAP2000.86In Bottom Quartile

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 12,600 units worth CNY69,132 (US$10,738) traded today. In the past week, volume was 0.5 times average and the units were up 0.2%.

+ China Merchants SZSE TMT50 Total Return Index ETF is at a discount of 11.9% to its 12-month high of CNY6.24 on November 14, 2017. It is also at a premium of 26.1% to the 12-month low of CNY4.36 on January 16, 2017.

3.2 Year-on-Year Comparison (Trailing year - ended 29 Dec)

In the past 5 years, 159909 has jumped 56.2% from 3.61 to 5.64, an average annual compound rise of 9.3%.

20172016201520142013
Close5.644.686.154.013.61
% Price Change20.5-23.953.410.956.7
Avg Daily Volume6,8076,7451,499,27595,528622,601
VWP4.925.077.05
Turnover Period17 yrs 4 mo51 yrs 7 mo20 d1 yr 3 mo1 yr 56 d
Price Range4.36 - 6.244.43 - 6.43.91 - 10.033.01 - 4.662.31 - 4

In the past 4 years average daily volume has declined 98.9% from 622,601 units to 6,807 units. Turnover period has increased from 1 year 56 days to 17 years 4 months. This indicates a larger number of core investors, making a long-term investment safer.

SECTION 4

RANKING

4.1 Global Rank out of 5,650 ETFs

The present value of $US1,000 invested a year ago is $US1,292, ranking it 1376 out of 5,650 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 76.

DescriptionValueRankQuartile
Net Assets (US$)11.7M3050Third
Price/NAV0.982730Second
Rel Strength 6 Mo (US$)761360Top
PV$1000 (1Year) US$*1,2921376Top

* 1 year ago USD 1 equalled CNY 6.9396

Jan 15, 2018: USD 1 equals CNY 6.4382

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

DescriptionValueRank
Rel Strength 6 Mon (CNY)5134
PV1000-1Year (CNY)1,19836

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