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CHIS - GX MSCI China Consumer Staples ETF

GX MSCI China Consumer Staples ETF logoThe GX MSCI China Consumer Staples ETF (CHIS) is an exchange-traded fund that tracks the MSCI China Consumer Staples 10/50 Index. The index is designed to measure the performance of equity securities in the consumer staples sector of the Chinese market. The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the underlying index.

The MSCI China Consumer Staples 10/50 Index consists of a diversified group of companies in the consumer staples sector, including food and beverage producers, personal care product manufacturers, and household products companies. The index is designed to limit concentration in any one security or group of securities and includes companies with varying market capitalizations.

As of September 2021, the top holdings of CHIS include China Tobacco International (10.57%), Tingyi (Cayman Islands) Holding Corp (9.87%), Want Want China Holdings Ltd (9.39%), Yili Industrial Group Co Ltd (7.97%), and Hengan International Group Co Ltd (6.25%).

Investing in CHIS provides exposure to the Chinese consumer staples sector, which may be attractive to investors looking for diversification and exposure to the growing Chinese economy. However, investing in China also carries risks such as political and economic instability, government regulations, and currency risk. It is important for investors to thoroughly research and understand the risks associated with investing in the Chinese market before making any investment decisions.




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