 The
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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