Key stats
About Rayliant Quuantamental China Equity ETF
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Inception date
Dec 31, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rayliant Investment Research Ltd.
Distributor
SEI Investments Distribution Co.
ISIN
US00774Q1976
RAYC uses a systematic approach that combines fundamental data and quantitative models to identify opportunities in perceived mispricing of Chinese stocks stemming from aspects such as accounting, regulations, market structure, state ownership, and investor behavior. Geographic exposure includes the Peoples Republic of China as well as its special administrative regions, such as Hong Kong. RAYCs investments are primarily common stock, China A-Shares through the Shanghai-Hong Kong Stock Connect programs, preferred stock, ADRs, and REITs. The fund may also hold other ETFs, futures contracts and swaps to leverage or hedge exposure. Weighting of securities is based on model assessments of risk-adjusted returns. However, the funds advisor has the flexibility to adjust holdings and weightings based on their own analysis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stocks99.73%
Finance27.29%
Producer Manufacturing13.50%
Electronic Technology9.50%
Consumer Durables8.02%
Health Technology7.92%
Consumer Non-Durables7.64%
Non-Energy Minerals6.60%
Technology Services5.13%
Industrial Services2.64%
Process Industries2.62%
Distribution Services2.51%
Consumer Services2.09%
Commercial Services1.80%
Utilities1.25%
Retail Trade0.63%
Energy Minerals0.59%
Bonds, Cash & Other0.27%
Cash0.27%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RAYC invests in stocks. The fund's major sectors are Finance, with 27.29% stocks, and Producer Manufacturing, with 13.50% of the basket. The assets are mostly located in the Asia region.
RAYC top holdings are Contemporary Amperex Technology Co., Limited Class A and Midea Group Co. Ltd. Class A, occupying 5.87% and 3.77% of the portfolio correspondingly.
RAYC last dividends amounted to 0.58 USD. The year before, the issuer paid 0.59 USD in dividends, which shows a 0.65% decrease.
RAYC assets under management is 20.24 M USD. It's risen 2.96% over the last month.
RAYC fund flows account for −19.93 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RAYC pays dividends to its holders with the dividend yield of 3.31%. The last dividend (Jan 7, 2025) amounted to 0.58 USD. The dividends are paid annually.
RAYC shares are issued by Veritas Liberabit Vos LLC under the brand Rayliant. The ETF was launched on Dec 31, 2020, and its management style is Active.
RAYC expense ratio is 0.80% meaning you'd have to pay 0.80% of your investment to help manage the fund.
RAYC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RAYC invests in stocks.
RAYC price has risen by 9.60% over the last month, and its yearly performance shows a 36.17% increase. See more dynamics on RAYC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.11% over the last month, showed a 19.74% increase in three-month performance and has increased by 42.66% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 10.11% over the last month, showed a 19.74% increase in three-month performance and has increased by 42.66% in a year.
RAYC trades at a premium (0.40%) meaning the ETF is trading at a higher price than the calculated NAV.