PGJ Power Shares Golden Dragon (cool name) is an ETF that tracks the Halter USX China index. A great way to get in the Chinese economic growth boom with broad exposure, reduced risk, and not having to pick individual stock. More stable b/c invests in ADR versions of Chinese stocks that are traded on the major US exchanges. Portfolio holdings include PetroChina, China Mobile, Bidu, Yanzhou Coal, (see www.usxchinaindex.com for more info). 1 year gain 100%, ytd 60%!
There are other ETFs and closed end funds that have China exposure (CAF, CHN, JFC, etc) but PGJ is the best if you want an accurate China index tracker. China growth looks like it's going to continue. Join the China boom! See www.etfconnect.com or www.cnanalyst.com for more research.
$33.8 (10/07/07)
