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%.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.