How Successful Investors Get RICH

Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' for FREE from The Successful Investor.

How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.

 I consent to receiving information from The Successful Investor via email. I understand I can unsubscribe from these updates at any time.

Topic: How To Invest

GUGGENHEIM CHINA SMALL CAP ETF $28.48 – New York Exchange symbol HAO

GUGGENHEIM CHINA SMALL CAP ETF $28.48 (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 $296.7-million fund’s top holdings are China Shanshui Cement Group, 1.9%; Mindray Medical, 1.5%; BBMG Corp., 1.4%; Tsingtao Brewery, 1.4%; Great Wall Motor, 1.4%; Soho China, 1.4%; Zhaojin Mining Industry, 1.3%; Semiconductor Manufacturing International, 1.3%; Zhuzhou CSR Times Electric Co., 1.2%; and China Everbright, 1.2%.

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 yields 1.6%.

Guggenheim China Small Cap ETF is a buy for aggressive investors.

Comments

Tell Us What YOU Think

You must be logged in to post a comment.

Please be respectful with your comments and help us keep this an area that everyone can enjoy. If you believe a comment is abusive or otherwise violates our Terms of Use, please click here to report it to the administrator.