Topic: How To Invest

SPDR S&P CHINA ETF $74.08 – New York Exchange symbol GXC

SPDR S&P CHINA ETF $74.08 (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, this ETF holds 251 stocks.

The $778.9-million fund’s top holdings are Tencent Holdings, 8.8%; China Construction Bank, 6.0%; China Mobile, 5.3%; Baidu, 5.2%; Industrial & Commercial Bank, 5.1%; Bank of China, 3.2%; CNOOC Ltd., 2.9%; China Petroleum & Chemical, 2.4%; PetroChina, 2.4%; and China Life.

The ETF was launched on March 19, 2007. It has a 0.59% MER and yields 1.3%.

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

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