ETFs

I did some research on ETFs for fixed income and market exposure in China at ETFConnect. Here’s the list:

  • TFT – ETF Advisor Trust Treasury 1 Fixed Income Trust Receipts: it can be used as cash equivalent, and currently yields about 1.26%. Edit: I found out today that TFT was closed for liquidation at AMEXTrader.
  • GCH – Greater China Fund, Inc: Other 6.10%, China 24.60%, Taiwan 30.70% (% for COUNTRY DIVERSIFICATION)
  • CHN – China Fund: China
    5.40%,

    United States
    7.90%,

    Taiwan
    33.90%,

    Hong Kong
    47.10% (too little exposure in China)

  • JFC – Jardine Fleming China Region Fund: China
    24.40%,

    Taiwan
    26.30%,

    Hong Kong
    49.10%

  • TCH – Templeton China World Fund: Taiwan
    7.70%,

    Hong Kong
    34.70%,

    China
    40.30%

  • The market moved higher in the morning then gave up most of gains and ended slightly higher. Profit taking maybe …

    A lot of selling on MSFT pushed price to drop 0.38 in volume of almost 100 million shares.