|Bid||20.95 x 1100|
|Ask||21.07 x 900|
|Day's Range||21.10 - 21.23|
|52 Week Range||18.21 - 22.28|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||2.28%|
|Beta (5Y Monthly)||1.23|
|Expense Ratio (net)||0.60%|
“While businesses and investors can afford to breath a sign of relief, after a difficult 2019, we still see risks to the China outlook as mainly weighted to the downside, given the fragile nature of the trade truce and the risks that still stalk China’s financial markets,” Rafferty added. Xtrackers CSI 300 China A-Shares ETF (ASHR) : seeks investment results that correspond generally to the performance, before fees and expenses, of the CSI 300 Index. The underlying index is designed to reflect the price fluctuation and performance of the China A-Share market and is composed of the 300 largest and most liquid stocks in the China A-Share market.
China had a goal of doubling its GDP as well as its income in a 10-year period, and not only is it on path to meet that, the world's second largest economy is looking to overtake the U.S. for the top spot. China's GDP currently stands at $13.1 trillion and forecasters expect that to increase by another 6% in 2020. “Going forward, China is going to continue to be very competitive,” said Michael Yoshikami, founder of Destination Wealth Management.
Based on Morningstar data, the majority of smart beta exchange-traded funds (ETFs) have 10 times more exposure to developed markets versus emerging markets. Per an article in Barron's, "the MSCI Emerging Markets Index generated an annualized return of 16.7% from 1988 through 2017, while the broader index returned an average of 11.4%. Investors looking to utilize smart beta strategies or even get the best broad-based exposure in EM can use China as a viable starting point.
China released its second-quarter figures on Monday, which revealed that its economy slowed to 6.2 percent, which represents its weakest rate in at least 27 years. The primary culprit for the slowdown ...
With Federal Reserve Chairman Jerome Powell paving the way for rate cuts during his testimony to Congress, China's central bank could essentially follow suit as it must react to its slowing economy. “If the Fed does go ahead and cut rates, which I don’t think is a given ... it simply means the PBoC has a little breathing room to see if the policies it has implemented have an impact on the real economy,” said Hannah Anderson, global market strategist at J.P. Morgan Asset Management. The Chinese economy is languishing amid a trade war with the U.S. Looser monetary policy would put less pressure on China’s central bank to ease monetary policy.
In particular, investors have had a penchant for A-Shares the last 12 to 18 months, which represent China's biggest and best equities. Furthermore, they represent pure-play opportunities as China continues to expand access to its markets. Eugene Qian, president of UBS Securities, said that an estimated $70 billion “should come into A shares by the end of the year." Of course, a tangible trade deal could even mean more interest in Chinese shares.
Investing overseas requires a lot of strategic planning, especially given the vast array of opportunities. That’s where the assistance of market experts like Luke Oliver, Head of U.S. ETF Capital Markets ...
Markets opened the second quarter of 2019 on an upbeat mood thanks to progress in trade talks, manufacturing revival in the United States and China, and hopes of a soft Brexit.
We are presenting a bunch of top performing ETFs of the first quarter with a solid Zacks ETF Rank 1 or 2 which are expected to outperform in the quarter ahead.