China Stock #5 – iShares FTSE/Xinhua China 25 (FXI)
If your investing proclivities point you away from stocks and toward exchange-traded funds (ETFs), then there is no reason for you to feel left
out of the China boom. My fifth and final irresistible China stock isn’t really a stock at all. Rather, it’s an ETF that’s pegged
to the performance of China’s biggest market index, the FTSE/Xinhua China 25.
This ETF is the iShares FTSE/Xinhua China 25 (FXI), and I like to compare this fund to investing
in the Chinese version of the Dow Jones Industrial Average. With FXI you are getting a virtual basket of the largest companies that trade in the Chinese
stock market. And while this basket of large-cap Chinese stocks hasn’t burned up the performance charts the way our previous picks have, it
still has given investors a 43% return year to date.
Not too shabby. You see, I knew you’d find China stocks irresistible.
Your Free Guide to Profiting From Asia’s Explosive Growth
- How to Profit from China’s Travel Industry
- Top 5 Stocks for October
- 7 Anarchy Stocks for Peaceful Profits
- 5 Tips for Buying Cheap Stocks
For access to the best-kept secrets about investing in China and the rest of Asia, plus the hottest stocks to buy and sell, sign up now for Robert Hsu’s FREE Investing Newsletter, Asia Insider. It’s sent right to your email inbox every week — absolutely FREE!
5 China Stocks for Smart Investors
Article printed from InvestorPlace Media, http://investorplace.com/2009/10/china-stocks-to-buy/.
©2016 InvestorPlace Media, LLC