New ETF Allows China Small-Caps To Shine
January 31st at 10:00am by Tom Lydon
Claymore has launched a new exchange traded fund (ETF), the AlphaShares China Small Cap Index ETF (HAO).
The fund seeks results that correspond to the AlphaShares China Small Cap Index and measures the performance of publicly traded mainland-China-based small capitalization companies. 90% of total assets go toward common stock, according to the fund’s ETF Overview.
The expense ratio is at 0.70% and top holdings include Beijing Enterprises HOLDI at 2.94% and Chaoda Modern Agriculture at 2.86%.
