Chinese Exchange Traded Funds (EFTs) Booming

[CanadianDaniel]

Back in June, I bought iShares: FTSE/Xinhua China 25 Index (FXI on NYSE) for $65.50. On Friday August 25, FXI closed at $78.38 which represents a gain of about 20%. I also bought Power Shares Golden Dragon Halter USX China Portfolio (PGJ on NYSE) for $14.20. PGJ is now at $15.63 for a 10% gain. I consider South Korea a China-related investment because it does so much trade with Beijing. That's why I bought iShares: MSCI South Korea (EWY on NYSE) for $40. EWY is now at $45.16 for about a 13% profit.

I consider FXI to be the biggest and best of these ETFs. For more background on these three investments, please see this brief article.
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