China Sector ETFs To Arrive Tomorrow

Probably.

I was advised that the GlobalX China Consumer ETF (CHIQ) and the GlobalX China Industrial ETF (CHII) will start trading on December 1.

An initial look under the hood makes a good first impression in terms of these capturing what I had hoped they would when I first mentioned the filing–that is the story on the ground without being dominated by the same old megacaps we’ve all known for years. For a little JR high humor I will avoid China Yurun Food Group which has a large weighting in CHIQ. I will have more on these later in the week.

On another note we had a little wildfire here today (for anyone local it was on the way to Potato Patch). It was a tiny fire in a massive pile of wood chips or perhaps it was mulch. It had been smoldering, apparently, for a day or two making the rocks under and near the pile very hot. It was a lot of work turning everything over, including the rocks, to cool them off with water. We then had to shovel through the entire pile of chips to make sure it all got wet. I love the task of fighting a fire, it is very wearying work that really makes you feel like you’ve done something.

2 Comments

  1. Roger, does it concern you at all that the other GlobalX products haven’t attracted much in the way of assets? Is it just product-specific?

    Thanks.

    Reply
  2. not a lot of concern, anyone trying to trade these actively might want to avoid them.
    i believe my idea of narrower portfolios without necessarily buying indiv stocks will gain traction. if so then these have a decent shot of doing well. if my idea is wrong then these would struggle. a fund closing does not mean wipeout it means tax event.

    Reply

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China Sector ETFs To Arrive Tomorrow

Probably.

I was advised that the GlobalX China Consumer ETF (CHIQ) and the GlobalX China Industrial ETF (CHII) will start trading on December 1.

An initial look under the hood makes a good first impression in terms of these capturing what I had hoped they would when I first mentioned the filing–that is the story on the ground without being dominated by the same old megacaps we’ve all known for years. For a little JR high humor I will avoid China Yurun Food Group which has a large weighting in CHIQ. I will have more on these later in the week.

On another note we had a little wildfire here today (for anyone local it was on the way to Potato Patch). It was a tiny fire in a massive pile of wood chips or perhaps it was mulch. It had been smoldering, apparently, for a day or two making the rocks under and near the pile very hot. It was a lot of work turning everything over, including the rocks, to cool them off with water. We then had to shovel through the entire pile of chips to make sure it all got wet. I love the task of fighting a fire, it is very wearying work that really makes you feel like you’ve done something.

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