Global X Adds To China ETF Family
Firm rolled out a suite of China ETFs targeting sectors and the broad market.
Yesterday, Global X added six China-focused ETFs to its lineup, just a week after revamping several of its existing China sector funds. The new products and their tickers are as follows:
- Global X MSCI China Large-Cap 50 ETF (CHIL)
- Global X MSCI China Health Care ETF (CHIH)
- Global X MSCI China Information Technology ETF (CHIK)
- Global X MSCI China Utilities ETF (CHIU)
- Global X MSCI China Consumer Staples ETF (CHIS)
- Global X MSCI China Real Estate ETF (CHIR)
While CHIL comes with an expense ratio of 0.29%, the sector ETFs all charge 0.65%. All six funds list on the NYSE Arca.
On Dec. 6, Global X effected the following changes on six existing China funds as follows:
- The Global X NASDAQ China Technology ETF (QQQC) has become the Global X MSCI China Communication Services ETF (CHIC), changing its index from the NASDAQ OMX China Technology Index to the MSCI China Communication Services 10/50 Index.
- The Global X China Consumer ETF (CHIQ) has changed its name to the Global X MSCI China Consumer Discretionary ETF (CHIQ), retaining its original ticker, but changing its index from the Solactive China Consumer Total Return Index to the MSCI China Consumer Discretionary 10/50 Index.
- The Global X China Materials ETF (CHIM) has changed its name to the Global X MSCI China Materials ETF (CHIM) and its index from the Solactive China Materials Total Return Index to the MSCI China Materials 10/50 Index.
- The Global X China Industrials ETF (CHII) has changed its name to the Global X MSCI China Industrials ETF (CHII) and its index from the Solactive China Industrials Total Return Index to the MSCI China Industrials 10/50 Index.
- The Global X China Energy ETF (CHIE) has changed its name to the Global X MSCI China Energy ETF (CHIE) and its index from the Solactive China Energy Total Return Index to the MSCI China Energy IMI Plus 10/50 Index.
- The Global X China Financials ETF (CHIX) has changed its name to the Global X MSCI China Financials ETF (CHIX) and its index from the Solactive China Financials Total Return Index to the MSCI China Financials 10/50 Index.
The aftermath of the changes and the launches leaves Global X with a dozen China-focused ETFs tracking MSCI indexes and the most comprehensive suite of China sector ETFs available.
Contact Heather Bell at [email protected]