VanEck Vectors China New Economy ETF (CNEW) $9.00

The CNEW holds 120 growth companies in the likes of IT, healthcare and consumer discretionary sectors hence by definition to a degree you are backing the issuer to select the correct companies. This ASX traded ETF has a market cap of almost $170m and yields close to 1.4% pa……we believe it will outperform the QQQ in 2021 and for that reason we are considering selling our long Nasdaq ETF and re-allocating capital into Asian domiciled growth stocks.