GUGGENHEIM CHINA SMALL CAP ETF $28.35 - New York Exchange symbol HAO

GUGGENHEIM CHINA SMALL CAP ETF $28.35 (New York Exchange symbol HAO; buy or sell through brokers; www.guggenheimfunds.com) aims to track the AlphaShares China Small Cap Index. This index is made up of all investable Chinese stocks with market caps between $200 million and $1.5 billion. The $374.8-million fund’s top holdings are Zhaojin Mining Industry, 1.5%; China Everbright, 1.3%; China Shipping Container Lines, 1.3%; BBMG Corp., 1.3%; Semiconductor Manufacturing International, 1.2%; Zhuzhou CSR Times Electric Co., 1.2%; Great Wall Motor Corp., 1.2%; Shanda Interactive Entertainment, 1.2%: China BlueChemical, 1.2%; and China Shanshui Cement Group, 1.1%. As China’s economy matures, and consumers feel more protected by the expanding social-safety net, domestic spending should rise. The ongoing Arab revolution could also spur China’s leaders to boost spending on social programs and services to ease the growing gap between the rich and poor. This fund is well positioned to benefit from these trends. The ETF was launched on January 30, 2008. It has an expense ratio of 0.70%, and a current yield of 1.6%. Guggenheim China Small Cap ETF is a buy for aggressive investors.