On the other hand, the PowerShares Chinese Yuan Dim Sum Bond Portfolio (NYSEArca: DSUM) holds 17 securities with an average maturity of 3.3 years and a coupon of 3%. The fund has an expense ratio of 0.45%. Additionally, the DSUM holds some non-investment grade bonds rated BB- by the S&P.
The Chinese currency system is officially called the renminbi, and the yuan is the base unit of the renminbi.
For more information on the Chinese yuan, visit our Chinese yuan category.
Max Chen contributed to this article.