WisdomTree launched two more exchange traded funds Thursday, one to help investors target China’s larger companies across the full range of various Chinese share types and another fund-of-fund type strategy focused on income generation.

On Thursday, WisdomTree rolled out the WisdomTree ICBCCS S&P China 500 Fund (NYSEArca: WCHN) and WisdomTree Balanced Income Fund (NYSEArca: WBAL), which have a 0.55% and 0.35% expense ratio, respectively.

The ICBCCS S&P China 500 Fund will try to reflect the performance of the S&P China 500 Index, a group of 500 of the largest, most liquid Chinese companies by market capitalization and one of the only broad-based indices with exposure to all Chinese equity share classes, listed both in mainland China and internationally.

“WisdomTree’s established presence in the ETF space complements ICBCCS’s in-depth understanding of the Chinese markets,” Vincent Chen, Head of Index and Quantitative Investment at ICBC Credit Suite Asset Management (International), said in a note.

Due to its more diversified exposure to Chinese equity share classes, the fund’s sector weights may also be more diverse, compared to other China-related indices and funds. Specifically, WCHN top sector weights include information technology 32.0%, financials 24.2% and consumer discretionary 12.3%.

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