CNY
Market Vectors Chinese Renminbi/USD ETN
$44.25
+0.85
(+1.96%)
AUM
$7.50M
Expense Ratio
0.55%
NAV
$43.48
Asset Class
Equity
Inception
01/01/2008
Fund Description
The investment seeks to replicate, net of expenses, the S&P Chinese Renminbi Total Return Index. The index tracks the value of the Chinese RMB relative to the U.S. dollar. It follows the value of non-deliverable, three-month currency forward contracts that are rolled at three-month intervals and includes daily accrued interest.