Topic: How To Invest

SPDR S&P CHINA ETF $76.51 – New York symbol GXC

SPDR S&P CHINA ETF $76.51 (New York 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 269 stocks.

The $841.1-million fund’s top holdings are Tencent Holdings, 8.5%; China Construction Bank, 6.0%; Industrial & Commercial Bank, 5.3%; China Mobile, 5.2%; Baidu, 5.2%; Bank of China, 3.4%; CNOOC Ltd., 2.9%; PetroChina, 2.8%; China Petroleum & Chemical, 2.4%; and China Life, 2.0%.

The ETF was launched on March 19, 2007. It has a 0.59% MER and yields 2.5%.

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

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