Gain from China’s trends

Article Excerpt

GUGGENHEIM CHINA SMALL CAP ETF $27.12 (New York Exchange symbol HAO; buy or sell through brokers; www.guggenheimfunds.com) aims to track the AlphaShares China Small Cap Index. It’s made up of the 347 Chinese stocks that foreign investors are allowed to hold and that have market caps between $200 million and $1.5 billion. The ETF has an MER of 0.75% and a 2.8% yield. Top holdings for this $90.7 millon fund are Sunac China Holdings, 2.0%; China Lodging Group, 1.2%; Kingboard Chemicals, 1.2%; BeiGene Ltd., 1.2%; Autohome Inc., 1.1%; Travelsky Technology, 1.0%; YY Inc., 1.0%; and Aluminum Corp. of China, 1.0%. As China’s economy matures and wages rise, domestic spending should continue to increase. As well, the country’s leaders aim to extend social services to migrant workers; China will also likely have to invest more in programs to shrink the gap between its rich and poor citizens. Guggenheim China Small Cap is well-positioned to benefit from all those trends. Guggenheim China Small Cap ETF…