Topic: How To Invest

SPDR S&P CHINA ETF $78.27 – New York Exchange symbol GXC

SPDR S&P CHINA ETF $78.27 (New York Exchange symbol GXC; buy or sell through brokers; is an exchange-traded fund that aims to track the S&P China BMI Index. This index is made up of all of the publicly traded Chinese stocks that are available to foreign investors. Right now, it holds 153 stocks.

The $759-million fund’s top holdings are: China Construction Bank, 6.9%; China Mobile, 6.2%; Baidu Inc., 5.2%; Industrial & Commercial Bank of China, 5.1%; CNOOC, 4.7%; PetroChina, 3.9%; Bank of China, 3.7%; China Life Insurance, 3.5% and Tencent Holdings, 2.8%.

SPDR S&P China ETF was launched on March 19, 2007. It has a 0.59% MER, and yields 0.8%.

SPDR S&P China ETF is a buy for aggressive investors.


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