China Universal SSE STAR Chip Index Exchange Traded Fund

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.

588750 trades at 2.547 CNY today, its price has risen 0.56% in the past 24 hours. Track more dynamics on 588750 price chart.

588750 net asset value is 2.51 today — it's fallen 13.49% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

588750 price has fallen by −7.78% over the last month, and its yearly performance shows a 142.57% increase. See more dynamics on 588750 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −13.49% over the last month, have fallen by −13.49% over the last month, showed a 35.75% increase in three-month performance and has increased by 60.98% in a year.

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.

588750 invests in stocks. See more details in our Profile section.

588750 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, 588750 technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 588750 shows the buy signal. See more of 588750 technicals for a more comprehensive analysis.

No, 588750 doesn't pay dividends to its holders.

588750 trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

588750 shares are issued by China Universal Asset Management Co., Ltd.

588750 follows the SSE STAR Chip 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 Dec 18, 2024.