CHIH Profile
CHIH
(GX MSCI China Health Care ETF) is an exchange-traded fund (ETF) that
seeks to provide investors with exposure to the performance of the
healthcare sector of the Chinese equity market. The ETF is managed by
Global X Management Company.
As a China-focused healthcare ETF,
CHIH invests primarily in companies that are involved in the
healthcare industry and listed on stock exchanges in China. The ETF
seeks to track the performance of the MSCI China Health Care Index,
which is a benchmark that tracks the performance of the healthcare
sector of the Chinese equity market.
As of September 2021, the
CHIH ETF had total net assets of around $80 million and was invested
in a diversified portfolio of companies that are involved in the
healthcare 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, CHIH has delivered strong returns over the long term,
with a focus on providing investors with exposure to the healthcare
sector of the Chinese equity market. The ETF's focus on the Chinese
healthcare 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, CHIH
carries risks, including the risk that the Chinese healthcare 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 CHIH or any other China-focused heal
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