ETF Trends
ETF Trends

China’s economy is heating up, so it’s only natural that new exchange traded funds (ETFs) that give investors new ways to access the country appear on the scene.

Claymore Securities has filed to launch three new China-focused ETFs that will track different sectors in the emerging market. Luisa Beltran for Ignites reports that the three China ETFs will focus on consumer, technology and infrastructure, and will track an AlphaShares Index.

The funds are:

  • Claymore/AlphaShares China Consumer ETF: Invests in China-based companies in the consumer discretionary and consumer staples sectors. The companies must have a market capitalization of $150 million or greater.
  • Claymore/Alphashares China Infrastructure ETF: Invests in companies that derive a majority of their revenues from the development, management and/or ownership of infrastructure on mainland China or the Special Administrative Regions of China, such as Hong Kong and Macau. A market cap of $200 million must be met.
  • Claymore/AlphaShares China Technology ETF: Invests in China-based companies in the information technology sector. A float-adjusted market cap of $200 million is a minimum requirement.

China remains confident in its ability to surmount the financial crisis, but the country’s leaders are still on guard against risks, report Susan Fenton and Joanne Chiu for Reuters. Inflation is one of the biggest risks concerning leaders right now. A jump in the money supply and increased lending have many believing that inflation is only a matter of time.

In other regards, China is on the right track. Industrial output rose 12.3% year-over-year in August, the fastest pace in a year. Power generation has also hit record highs, and government revenues have picked up, as well.

For more stories about new ETFs, visit our new ETF category.

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.