Claymore launches China ETF

Claymore is investing more in China.

The new Claymore China ETF seeks investment results that correspond generally to the total return (before fees and expenses) of the AlphaShares China All-Cap Index which is a broadly diversified Chinese equity index invested in publicly-traded companies based in mainland China.

The Index is diversified across all sectors and market capitalization of the Chinese economy and is less concentrated with a maximum weight of 35% to any sector and 5% to any stock.

“China continues to be one of the most important economies and markets in the world today and we believe investing in China has become an integral part of a well diversified portfolio. It is expected that China will continue to outpace many developed and emerging market countries in terms of growth, yet investors continue to be underweight China in their portfolios.” said Som Seif, president & CEO of Claymore Investments, Inc.