CHIE Profile
CHIE
(GX MSCI China Energy ETF) is an exchange-traded fund (ETF) that seeks
to provide investors with exposure to the performance of the energy
sector of the Chinese equity market. The ETF is managed by Global X
Management Company.
As a China-focused energy ETF, CHIE invests
primarily in companies that are involved in the energy industry and
listed on stock exchanges in China. The ETF seeks to track the
performance of the MSCI China Energy Index, which is a benchmark that
tracks the performance of the energy sector of the Chinese equity
market.
As of September 2021, the CHIE ETF had total net assets
of around $10 million and was invested in a diversified portfolio of
companies that are involved in the energy industry in China. The
fund's holdings are managed by the investment professionals at Global
X Management Company, who have extensive experience in managing
China-focused ETFs.
In terms of performance, CHIE has delivered
mixed returns over the short term, with a focus on providing investors
with exposure to the energy sector of the Chinese equity market. The
ETF's focus on the Chinese energy sector may make it a suitable option
for investors who are seeking exposure to this specific sector of the
Chinese equity market.
Investors should keep in mind that like
all investments, CHIE carries risks, including the risk that the
Chinese energy sector may experience declines in its financial
performance or face regulatory or market challenges. Additionally, the
ETF charges a relatively high expense ratio of 0.65%, which is in line
with the average expense ratio for China-focused ETFs. Investors
should carefully consider their investment objectives and risk
tolerance before investing in CHIE or any other China-focused energy
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