SPDR S&P CHINA ETF $79.24 (New York Exchange 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, SPDR S&P China ETF holds 239 stocks.
The $888.0-million fund’s top holdings are China Construction Bank, 6.8%; Tencent Holdings, 6.2%; China Mobile, 5.8%; Industrial & Commercial Bank, 5.8%; Baidu, 4.6%; Bank of China, 3.5%; CNOOC Ltd., 3.4%; PetroChina, 2.6%; China Life, 2.6%; and China Petroleum & Chemical, 2.2%.
The ETF was launched on March 19, 2007. It has a 0.59% MER and yields 2.1%.
SPDR S&P China ETF is a buy for aggressive investors.