Global X To Begin Trading Two New China ETFs Tomorrow (Tuesday)

November 30, 2009 11:27am NYSE:CHII NYSE:CHIQ

china2Global X will be listing two new China ETFs tomorrow, December 1. The two ETFs are the Global X China Consumer ETF (CHIQ) and the Global X China


 Industrials ETF (CHII).

The Global X China Consumer ETF (CHIQ) will seek to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S-BOX China Consumer Index.

The Fund defines Consumer companies as companies that are included in the S-BOX China Consumer Index at the time of purchase and generally includes companies whose businesses involve: general retail; diversified consumer services; food production and retail; beverages; household goods; leisure goods; personal goods; automobiles, auto components and distributors; tobacco; media; and travel and leisure. As of October 30, 2009, the Underlying Index’s three largest stocks were Tingyi Cayman Islands Holding Corp., Want Want China Holdings and Dongfeng Motor Group.

The Global X China Industrials ETF (CHII) will seek to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S-BOX China Industrials Index. The Fund defines Industrial companies as companies that are included in the S-BOX China Industrials Index at the time of purchase and generally includes companies whose businesses involve: construction and materials; electronic and electrical equipment; industrial engineering; industrial transportation; and support services; and trading companies, shipbuilding and aerospace. As of October 30, 2009, the Underlying Index’s three largest stocks were BYD Company, China Communications Construction and China COSCO Holdings.

For the complete prospectus click: HERE

Related (Bloomberg) click: HERE

 

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