ETF Quote Details
|NAV (month end)||80.26|
|Premium (+)/Discount (-) (month end)||-0.31|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
Chinese Renminbi has been the official currency of China since 1949.The Peoples Bank of China has been functioning as the central bank of China since 1983. After keeping its currency pegged to the USD.Chinas plans to make Chinese Renminbi a more flexible currency for settling cross-border trade with the ultimate aim of creating a freely floating currency.
CurrencyShares Chinese Renminbi Trust represent units of fractional undivided beneficial interest in, and ownership of, the Trust and the CurrencyShares Chinese Renminbi Trust seeks for the Shares to reflect the price in USD of the Chinese Renminbi net of Trust expenses.