Topic: How To Invest

SPDR S&P CHINA ETF $63.27 – New York Exchange symbol GXC

SPDR S&P CHINA ETF $63.27 (New York Exchange symbol GXC; buy or sell through brokers; www.spdrs.com) is an exchange traded fund that aims to track the S&P China BMI Index, which is made up of all the publicly traded Chinese stocks that are available to foreign investors. Right now, SPDR S&P China ETF holds 184 stocks.

The $783.8-million fund’s top holdings are China Mobile, 9.1%; China Construction Bank, 6.9%; Baidu, 5.1%; CNOOC, 4.8%; Industrial & Commercial Bank, 4.7%; Tencent Holdings, 4.5%; Petro- China, 4.0%; Bank of China, 3.6%; China Life Insurance, 3.2%; and China Petroleum & Chemical, 2.3%.

The fund’s breakdown by industry is as follows: Financials, 31.7%; Oil and Gas, 15.2%; Information Technology, 13.2%; Telecommunication Services, 10.1%; Industrials, 10.4%; Consumer Staples, 5.0%; Consumer Discretionary, 4.3%; Basic Materials, 4.0%; Utilities, 2.8%; and Health Care, 1.7%.

The ETF was launched on March 19, 2007. It has a 0.59% MER and yields 3.7%.

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

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