Rayliant Quantamental China Equity ETF (RAYC)
Rayliant Quantamental China Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Newport Beach, DE, US. The stock last traded at $18.09, up 0.53% on the session, giving a market capitalisation of $21.6M. Its beta of 0.84 implies it has historically moved less than the broad market.
This exchange-traded fund typically allocates a minimum of 80% of its total assets, including any borrowed capital for investment, to equity instruments issued by companies primarily located in China. Its core holdings encompass various forms of equity, such as ordinary shares, preference shares, American Depositary Receipts (ADRs), and real estate investment trusts (REITs). The fund maintains the flexibility to invest in businesses of any market capitalization. Additionally, it may employ exchange-traded funds (ETFs) to equitize cash and can engage in securities lending. Periodically, the portfolio might concentrate its investments within particular industry sectors, for example, the financial services or consumer discretionary industries. This investment vehicle is classified as non-diversified.
Rayliant Quantamental China Equity ETF is most often compared with the following Financial Services names: