NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, today began trading the Global X China Consumer ETF (Ticker: CHIQ) and the Global X China Industrials ETF (Ticker: CHII). The ETFs are sponsored by Global X Funds.
Global X China Consumer ETF
The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S-BOX China Consumer Index. The index is a market capitalization-weighted index designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by the index provider Structured Solutions AG, which generally includes companies whose businesses involve: general retail; diversified consumer services; food production and retail; beverages; household goods; leisure goods; personal goods; automobiles, auto components and distributors; tobacco; media; and travel and leisure.
Global X China Industrials ETF
The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S-BOX China Industrials Index. The index is a market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Industrials sector of the Chinese economy, as defined by the index provider Structured Solutions AG, which generally includes companies whose businesses involve: construction and materials; electronic and electrical equipment; industrial engineering; industrial transportation; and support services; and trading companies, shipbuilding and aerospace.