MINSHENG ROYAL FUND MANAGEMENT CO BIOTECHNOLOGY ETF CNY

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

516930 trades at 0.496 CNY today, its price has fallen −1.78% in the past 24 hours. Track more dynamics on 516930 price chart.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

516930 invests in stocks. See more details in our Analysis section.

516930 expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, 516930 technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 516930 shows the buy signal. See more of 516930 technicals for a more comprehensive analysis.

No, 516930 doesn't pay dividends to its holders.

516930 shares are issued by Minsheng Royal Fund Management Co., Ltd.

516930 follows the CSI Biotechnology Theme Index - CNY - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Aug 5, 2021.