The EGShares China Infrastructure exchange-traded fund (ETF) seeks investment results that generally correspond to the performance of the Indxx China Infrastructure Index. The Indxx China Infrastructure Index is a free-float market capitalization weighted stock market index comprised of 30 leading companies that Indxx, LLC determines to be representative of China’s Infrastructure industries.
CHXX is designed to provide exposure to the organic urban growth in China. The underlying index includes, among other industries, metal miners, energy and power producers, transportation, utility, and water companies. Given the large market capitalizations of domestic financial stocks, many market capitalization-weighted benchmarks that track publicly traded Chinese companies have greater weightings to non-infrastructure sectors.
(As of 3/31/13) |
ETF Ticker (NYSE): |
CHXX |
Bloomberg Index Ticker: |
ICHXXT |
|
Inception Date |
2/17/2010 |
|
*Expense Ratio |
0.85% |
|
Holdings |
30 |
|
Average Market Cap |
$11.22B |
|
Median Market Cap |
$9.25B |
|
Trailing P/E Ratio |
13.55x |
|
Price/Book Ratio |
1.15x |
|
Index Dividend Yield |
2.11% |
Sector Breakdown
(As of 3/31/13) |
Sector |
Weights |
Construction & Materials |
26.3% |
|
Industrial Engineering |
20.5 |
|
Electricity |
11.9 |
|
Industrial Metals & Mining |
11.6 |
|
Real Estate Investment & Services |
10.1 |
|
Oil Equipment, Services & Distribution |
5.7 |
|
Fixed Line Telecommunications |
4.2 |
|
Alternative Energy |
3.6 |
|
Mobile Telecommunications |
3.6 |
|
Gas, Water & Multiutilities |
2.2 |
Industry Breakdown
(As of 3/31/13) |
Industry |
Weights |
Industrials |
46.8% |
|
Utilities |
14.2 |
|
Basic Materials |
11.6 |
|
Financials |
10.1 |
|
Oil & Gas |
9.3 |
|
Telecommunications |
7.8 |
Top Company Holdings
(As of 3/31/13) |
Company |
Weights |
Huaneng Power International Inc |
6.6% |
|
China Oilfield Services Ltd |
5.7 |
|
Anhui Conch Cement Co Ltd |
5.6 |
|
Datang International Power Generation Co Ltd |
5.3 |
|
China Railway Group Ltd |
5.3 |
|
China Railway Construction Corp Ltd |
4.9 |
|
China Communications Construction Co Ltd |
4.6 |
|
Zoomlion Heavy Industry Science and Technology Co Ltd |
4.5 |
|
China Telecom Corp Ltd |
4.2 |
|
Jiangxi Copper Co Ltd |
4.1 |
Performance
(As of 3/31/13) |
1-Month (%) | 3-Month (%) | Year-to-Date (%) | 1-Year (%) | Since Inception (%)** |
|
| Total Returns (Net Asset Value) |
-6.51 | -8.84 | -8.84 | 8.16 | -2.93 | |
| Total Returns (Market Price) |
-6.21 | -10.75 | -10.75 | 8.10 | -2.96 | |
| Indxx China Infrastructure Index |
-6.43 | -8.65 | -8.65 | 8.84 | -0.96 | |
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. For the most current month-end performance data please call + 1 888 800 4347.
Market price returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times.
*Effective April 1, 2013, EGA replaced the Fund's fee and expense structure with a unified fee ("Unified Fee"). Under the Unified Fee, EGA pays all ordinary operating expenses of the Fund from EGA's advisory fee.
This fund will concentrate its investments in issuers of one or more particular industries to the same extent that its Underlying Index is so concentrated and to the extent permitted by applicable regulatory guidance. Concentration risk results from maintaining exposure to issuers conducting business in a specific industry.
**CHXX inception date is 2/17/2010.