iShares Launches Another China ETF (MCHI)

iShares, the largest U.S. ETF issuer by total assets, added another ETF offering exposure to Chinese equities to its product lineup this week. The MSCI China Index Fund (MCHI) will seek to replicate the MSCI China Index, a benchmark that includes about 140 Chinese stocks. The index is designed to measure the performance of the top 85% of equity securities by market capitalization in the Chinese market. “The new iShares MSCI China Index Fund provides clients access to one of the fastest growing economies in the world,” said Noel Archard, Head of US Product at iShares at BlackRock. “The fund further complements our single country product suite, which has seen significant activity over the past few months as investors increasingly look to single country funds to express nuanced views on global markets.” MCHI is the 40th country-specific offering from iShares, joining products offering exposure to both developed and emerging markets. [...] Click here to read the original article on ETFdb.com. Related Posts: Closer Look At The China A-Shares ETF (PEK) Definitive Guide To China ETFs Global X Has Big Plans For China ETFs iShares Planning New China ETF December ETF Roundup: $1 Trillion And Counting