top of page

Global Ideas: Global X China Consumer Discretionary ETF

  • Writer: Lester Davids
    Lester Davids
  • 3 days ago
  • 1 min read

Research Notes For 09 to 13 June > https://www.unum.capital/post/r0913june

Trade Local & Global Financial Markets with Unum Capital.

To get started, email tradingdesk@unum.co.za


The CHIQ ETF is the Global X MSCI China Consumer Discretionary ETF. It's an exchange-traded fund that aims to invest in large and mid-capitalization segments of the MSCI China Index, specifically focusing on companies classified within the Consumer Discretionary Sector.


  • Consumer Discretionary Sector: This sector includes companies that produce non-essential goods and services, meaning consumers can choose to buy them when they have disposable income. Examples include automobiles, apparel, entertainment, hotels, restaurants, and retail.

  • China Exposure: The ETF provides targeted exposure to the Chinese economy, focusing on the consumer discretionary segment. This is significant because China has a large and growing middle class, which can drive demand for these types of goods and services.


The development of a multi-year base has piqued our interest and alerts us to get ready for a potential base breakout above $24.80.



Lester Davids

Senior Investment Analyst: Unum Capital

Comments

bottom of page