New Chinese ETF: CHIM

Note that all Chinese ETFs are tracked here.

There is a yet new Chinese ETFs on the market, launched last week: CHIM, with an expense ratio of 0.65%.

Global X's China Materials ETF tracks the S-BOX China Materials Index, which comprises 28 securities of companies operating in the material sector in China.

Since inception, CHIM has only lost money:

Then again, its launch date was the worst possible.

From a subsector level, about 66% of the index is allocated to metals and mining companies, and the remaining tied to chemical names.

Largest holdings include Sinofert Holdings, Fufeng Group, Aluminum Corp. and Shougang Concord International.

Prospectus is here.