POWERSHARES ETF (PGJ)
From ValueWiki
Powershares ETF for Chinese based companies PGJ. Heavy infrastructure investments in China. The little brother of FXI, another Chinese company based ETF. PGJ seeks results that correspond generally to the price and yield of an equity index called the Halter USX China index(SM). The fund normally invests at least 80% of total assets in equity securities of companies deriving a majority of their revenues from the People's Republic of China. It may invest at least 90% of total assets in equity securities that comprise the China Index. The fund seeks to match the performance of the China Index but is not guaranteed to track the index precisely. It is nondiversified.
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Fund Analysis
Invests in one of the world's fasting growing economies. The demographics are behind this Chinese based ETF. International funds help buffer a weak domestic stock market performance.
Petrochina Co Ltd-Adr 6.13%
China Mobile Hong Kong Ltd. Adr 5.71%
Yanzhou Coal Mining Co Ltd-Adr 4.60%
China Petroleum & Chemical-Adr 4.58%
China Telecom Corp Ltd-Adr 4.54%
Cnooc Ltd. Adr 4.54%
China Life Insurance Co Ltd-Adr 4.53%
China Netcom Group Co Adr 4.53%
Huaneng Power International, Inc. Adr 4.49%
Sinopec Shanghai Petrochemical-Adr 4.44%
News Feed
| 10/10/08 8:10 am | China Tries to Boost the Stock Market (at Seeking Alpha) |
| 10/09/08 2:10 pm | China: Can Fiscal Spending Save the Day? (at Seeking Alpha) |
| 10/07/08 3:10 pm | Coping With Dow 9,000 (at Investopedia) |
| 10/07/08 9:10 am | China: Expectations for Fiscal Expansion a Little Hasty (at Seeking Alpha) |
| 10/04/08 2:10 pm | How the US Slowdown Is Slowing Down China (at Seeking Alpha) |
| 10/03/08 1:10 am | Why the Bailout Cannot Solve a Thing: Nobody Is Blaming the Right Culprit (at Seeking Alpha) |
| 10/02/08 2:10 pm | China Still Vulnerable to Slowdown, Despite Domestic Market 'Buffer' (at Seeking Alpha) |
| 10/02/08 8:10 am | Can Europe Handle a Sustained Trade Deficit With China? (at Seeking Alpha) |
| 10/02/08 2:10 am | Chinese Trade Rising, Along with Yuan's Value (at Seeking Alpha) |
| 10/01/08 2:10 pm | No Bailouts, Even if Congress Approves Them (at Seeking Alpha) |
Risks
Foreign currency risk and the potential of entire industries being nationalized by a communist government may be of concern.
Research Links
- POWERSHARES ETF Profile
- POWERSHARES ETF Fundamentals
- POWERSHARES ETF Message Boards
Options
- Options Prices and Data at Yahoo Finance
- Options Prices and Data at IVolatility.com
- Call Options Data at OptionsBuddy.com
Notes
Categories: AMEX | Pacific/Asia ex-Japan Stk | N/a | Symbol | FUND
