Global X is widening out its Chinese sector ETF suite, listing six new funds that give exposure to further pockets of the Chinese economy.
Global X MSCI China Consumer Staples ETF (CHIS)
Global X MSCI China Utilities ETF (CHIU)
Global X MSCI China Real Estate ETF (CHIR)
Global X MSCI China Health Care ETF (CHIH)
Global X MSCI China Information Technology ETF (CHIK)
Global X MSCI China Large Cap 50 ETF (CHIL)
Every fund charges 0.65% — which may sound expensive but is actually somewhere in the middle for China ETFs. For example, BlackRock's China Large Cap ETF charges 0.74%. While Franklin Templeton's charges 0.19%.
Each index has a "10/50 Index" mechanism from MSCI that controls weights and stops large caps pigging too much of the index, It ensures that no company gets more than 10% of the index and that, in the aggregate, those companies with more than 5% of the do not collectively take more than 50% of the index.
