VanEck Lowers Expense Ratio for VanEck Vectors® ChinaAMC CSI 300 ETF (PEK®) and VanEck Vectors® ChinaAMC SME-ChiNext ETF (CNXT®)
VAN ECK VECTORS GENERIC DRUGS ETF (GNRX)
US:NASDAQ Investor Relations:
vaneck.com/etf/equity/gnrx/overview
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- VanEck announced today that it is lowering the expense ratio for its VanEck Vectors® ChinaAMC CSI 300 ETF (NYSE Arca:PEK®) and its VanEck Vectors® ChinaAMC SME-ChiNext ETF (NYSE Arca:CNXT®). Effective January 10, 2019, the expense cap for PEK will be reduced from 0.72% to 0.60%,1 and the expense cap for CNXT will be reduced from 0.78% to 0.65%.2 PEK seeks to track the CSI 300 Index, which is comprised of the largest and most liquid stocks in the Chinese A-share market. CNXT seeks to track the SME-ChiNext 100 Index, which is comprised of the 100 largest and most liquid onshore China A-share stocks listed on the Small and Medium Enterprise (SME) Board and the ChiNext Board of the Shenzhen Stock Exchange. VanEck regularly evaluates fund expenses to identify opportunities to lower shareholder costs. These fee reductions will allow investors to benefit from the opportunit
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