Make a Play on Safer Haven China Bonds with the CBON ETF December 11, 2020
While other nations continue to struggle with rising cases, China might be the ideal play for safe haven bond alternative ETFs like the
CBON seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ChinaBond China High Quality Bond Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index.
The index is comprised of fixed-rate, Renminbi (“RMB”)-denominated bonds issued in the People’s Republic of China (“China” or the “PRC”) by Chinese credit, governmental and quasi-governmental (e.g., policy banks) issuers (“RMB Bonds”). CBON’s net expense ratio comes in at 0.50%.