Analyse: iShares FTSE China 25

Dieser ETF hält sich von Festland-China fern und investiert nur in Red Chips und H Shares. Hohes Gewicht von Finanztiteln beachten. 

Alastair Kellett 10.05.2013
Facebook Twitter LinkedIn

Rolle im Portfolio

The iShares FTSE China 25 provides exposure to many of the largest and most liquid components of the Chinese equity universe, which has quickly gone from emerging market to global titan and as such has become an important part of a globally balanced portfolio. The Chinese economy now ranks third in the world, behind only Europe and the United States. The FTSE China 25 Index contains companies listed on the Stock Exchange of Hong Kong (Red Chips and H shares) and is heavily tilted towards the Financials sector, which made up 57.1% of the total at the end of April. Diversification at the security level is also limited, with more than 60% of the portfolio within the top 10 names. Returns from the FTSE China 25 have been highly erratic, exhibiting annual volatility of almost 30% since 2004. An investment like this therefore requires a lengthy time horizon and a very strong stomach to handle the swings. It has been a fairly good diversifier, though: since mid-2004 it has shown a correlation to the local currency price returns of the S&P 500 Index, the MSCI World Index, and the MSCI Europe Index of 62%, 66%, and 64% respectively. The fund passes along dividends from underlying stocks to unitholders in a quarterly distribution, currently at a yield level of 2.52%. So this fund might suit an investor seeking moderate levels of income, though the tax implications of such distributions for each investor would have to be taken into consideration.

Go to top

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

Um diesen Artikel zu lesen, müssen Sie sich anmelden

Hier kostenlos registrieren
Facebook Twitter LinkedIn

Über den Autor

Alastair Kellett  Al Kellett is an ETF analyst with Morningstar Europe.

Audience Bestätigung

Auf unserer Websites werden Cookies und andere Technologien verwendet. Damit können wir Ihre Präferenzen nachhalten und Ihnen eine optimale Nutzung unserer Website ermöglichen. Weitere Informationen finden Sie unter Cookie-Optionen.

  • Andere Websites Morningstar