Chinese stocks have been red hot this year, and a new entrant in the ETF space is looking to intensify those returns through the use of leveraging.
Direxion Investments recently introduced the Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSE: CHAU). This ETF seeks to replicate 200 percent of the daily performance of the CSI 300 Index, representing the 300 largest and most liquid stocks in the China A-share market.
A Closer Look
CHAU will follow in the footsteps of the highly successful Deutsche X-Trackers Harvest CSI 300 China A-Shares ETF (NYSE: ASHR), which has accumulated over $1.2 billion ...
/www.benzinga.com/etfs/new-etfs/15/04/5432588/direxion-launches-new-leveraged-china-a-share-etf alt=Direxion Launches New Leveraged China A-Share ETF>Full story available on Benzinga.com
More...