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Topic: How To Invest

SPDR S&P CHINA ETF $79.29 – New York symbol GXC

SPDR S&P CHINA ETF $79.29 (New York symbol GXC; buy or sell through brokers; www.spdrs.com) aims to track the S&P China BMI Index, which is made up of all publicly traded Chinese stocks available to foreign investors. Right now, the fund holds 307 stocks.

The $1.0-billion fund’s top holdings are Tencent Holdings, 7.7%; China Mobile, 6.2%; Baidu, 6.1%; China Construction Bank, 5.7%; Industrial & Commercial Bank, 5.1%; Bank of China, 3.3%; China Life Insurance, 2.4%; CNOOC Ltd., 2.1%; PetroChina, 2.1%; and China Petroleum & Chemical, 1.9%.

The ETF was launched on March 19, 2007. It has a 0.59% MER and yields 2.5%.

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

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