 The
GX MSCI China Materials ETF (CHIM) is an exchange-traded fund that
seeks to track the investment results of the MSCI China Materials
10/50 Index. The fund is designed to provide targeted exposure to the
materials sector in China.
As of September 2021, the fund's top
holdings include China Molybdenum Co Ltd, Aluminum Corp of China Ltd,
Zijin Mining Group Co Ltd, China National Chemical Engineering Co Ltd,
and Jiangxi Copper Co Ltd.
The materials sector includes
companies involved in the production of raw materials, such as metals,
chemicals, and construction materials. This sector is typically
sensitive to changes in commodity prices and global demand for
materials.
Investing in CHIM provides investors with exposure
to Chinese materials companies, which can be useful for diversifying a
portfolio and gaining exposure to one of the world's largest
economies. However, investors should be aware that the Chinese market
may carry unique risks, such as political and regulatory risks, that
may not be present in other markets. It is important to carefully
evaluate these risks and conduct thorough due diligence before
investing in CHIM or any other China-focused ETF.
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