Investors are taking profits on their China A-shares ETF investments. For the week ended March 25, China A-shares ETFs saw an outflow of $2.37 billion, the largest outflow since December 2014. It does not come as a surprise, as the A-shares ETFs have performed quite well over a short period of time and the powerhouse Chinese economy is finally starting to wind down.
Overview
The Deutsche X-Trackers Harvest CSI 300 China A-Shares ETF (NYSE: ASHR) is up 10 percent year-to-date, while the Market Vectors China ETF (Market Vectors ETF Trust) (NYSE: PEK) has gained 12 percent and the KraneShares Bosera MSCI China A Share ETF (KraneShares Trust) (NYSE: KBA) has gained 12 percent in 2015. The A-shares have greatly outperformed their Chinese ETF peers, with the iShares FTSE/Xinhua China 25 Index (ETF) (NYSE: FXI) only up 4 percent this year.
Another reason for ...
/www.benzinga.com/etfs/specialty-etfs/15/03/5367707/investors-flee-china-etfs-at-highs alt=Investors Flee China ETFs At Highs>Full story available on Benzinga.com
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