 The
Global X MSCI China Real Estate ETF (CHIR) is an exchange-traded fund
that seeks to track the performance of the MSCI China Real Estate
Index. The index is designed to measure the performance of publicly
traded companies in the real estate sector of China's economy. The
index includes companies involved in the ownership, development, and
management of residential, commercial, and industrial real estate
properties.
Launched in 2018, CHIR provides investors with
exposure to China's real estate market, which is one of the largest
and fastest-growing in the world. The fund invests in a diversified
portfolio of companies in the sector, with a focus on those that have
a significant presence in China. The fund's holdings include companies
involved in real estate development, property management,
construction, and other related activities.
The fund is managed
by Global X Management Company LLC, a New York-based provider of
exchange-traded funds. The fund's expense ratio is 0.65%, and it has
total net assets of around $19 million as of March 2023.
Investing in CHIR involves risks such as market risk, concentration
risk, country risk, currency risk, and liquidity risk. The fund's
performance may be affected by political and economic developments in
China and other countries, as well as changes in global financial
markets. As with any investment, investors should carefully consider
their investment objectives and risk tolerance before investing in
CHIR.
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