Chinese Infrastructure Fund Builds on Timing
Emerging Global Shares could not have picked better timing with the release of its new China Infrastructure Fund (CHXX: News). Amidst stimulus efforts undertaken around the world, investors have been eying infrastructure names as sound investments in a shaky economic climate.
The China Infrastructure Index ETF will invest in the 30 largest companies that center around infrastructure development within China’s borders. Companies in the mix have an average market capitalization of $8.3 billion, making the ETF a purely large-cap investment, according to Forbes. The fund holds sectors including real estate, metals and mining, construction, and engineering.
The fund will trade at an annual expense of just .85% and was launched at $20 per share. The fund advanced 3.8% in its first day of trading on the NYSE Arca exchange, with volume of just under 14,000 shares.

What is good enough for individual investors is apparently good enough for governments. A fresh look into China’s holdings has revealed a staggering $9.6 billion invested in US traded ETFs.
Continuing to play on the popularity of regional investments, iShares is expanding its line of MSCI-tracking products with the addition of four new country-specific offerings. The funds target popular investment destinations, including Poland, China, Indonesia, and New Zealand.
First Trust has filed with the SEC to create three new funds - two commodities and one emerging market - that will seek to latch onto the growing market for the two asset classes.
The floodgates to the Shanghai stock market may soon open for foreign firms, which have been unable to list on the popular Asian exchange. The listing of foreign firms and exchange-traded funds would happen under a myriad of changes coming soon to Shanghai.

