iShares has launched two ETFs on NYSE Arca, targeting Chinese shares and income-producing US stocks.
The iShares MSCI China fund is benchmarked to large and mid cap Chinese companies, tracking the performance of the top 85% of the equity market. The underlying MSCI index had its heaviest weighting in financials, at 37%, followed by energy stocks at 18.4%, as at the end of February. iShares global chief investment strategist Russ Koesterich says China should continue to provide investment opportunities as it transitions from an export- to consumption-based economy. Supplementing the firm's MSCI China Small Cap offering, iShares says it now provides investors comprehensive MSCI China e...
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