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Post by steadyeddy on Nov 30, 2021 1:09:20 GMT
As indicated in B/S/W thread, I took a very tiny position in 3 ETFs - all iShares sponsored: MCHI (MSCI China Index), CNYA (A-shares), and EWH (HK Index). The following factors drove me to these 3 ETFs: - MCHI and CNYA have 14% overlap by weight;
- MCHI emphasizes Communications & Consumer discretionary (Tencent, Alibaba, JD etc)
- CNYA emphasizes Consumer Staples, Financials and Industrials
- Given that the two ETFs are quite different, I am fine holding both.
- EWH, which only includes HK domiciled companies, more concentrated portfolio of 37 companies, with ZERO overlap with MCHI/CNYA
If you were to invest in China, which ETF would you choose? Attached graph shows relative price action of these 3 ETFs in the last 12 months.
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Post by rhythmmethod on Nov 30, 2021 1:14:15 GMT
As indicated in B/S/W thread, I took a very tiny position in 3 ETFs - all iShare sponsored: MCHI (MSCI China Index), CNYA (A-shares), and EWH (HK Index). The following factors drove me to these 3 ETFs: - MCHI and CNYA have 14% overlap by weight;
- MCHI emphasizes Communications & Consumer discretionary (Tencent, Alibaba, JD etc)
- CNYA emphasizes Consumer Staples, Financials and Industrials
- Given that the two ETFs are quite different, I am fine holding both.
- EWH, which only includes HK domiciled companies, more concentrated portfolio of 37 companies, with ZERO overlap with MCHI/CNYA
If you were to invest in China, which ETF would you choose?
<button disabled="" class="c-attachment-insert--linked o-btn--sm">Attachment Deleted</button> Don't use any ETFs just throw it all in BABA đ. JK. If I were you, and wanted China exposure, I would consider a managed fund. I think a good manager - Mathews, etc -might add value, as opposed to an index. IMHO - and all that humble stuff....RM |
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Post by yogibearbull on Nov 30, 2021 1:31:41 GMT
I am with rhythmmethod on this. I leave it to Matthews Asia team. Some say, its funds are lagging, but you cannot have it both ways - highs and cheap. MPACX MAPIX SPY QQQ |
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Post by steadyeddy on Nov 30, 2021 1:48:16 GMT
rhythmmethod , yogibearbull, (humorously) you both chose an answer outside of the multiple choices presented to you  If I were to put a constraint that the answer needs to be an ETF... which one would you choose? You are not limited to the 3 I presented, you can choose an ETF not sponsored by iShares. Thank you.
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Post by johntaylor on Dec 5, 2021 19:08:46 GMT
My experiment with T Rowe China Evol Equity is up just 3% YTD
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Post by steadyeddy on Dec 6, 2021 13:09:30 GMT
Since I opened this thread stating I took small positions in 3 China ETFs, I need to state that I closed out of those positions (noted separately in B/S/W thread).
The experiment does not appear to be worth it at the current time.
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Post by nobhead on Jan 28, 2022 18:54:34 GMT
I am with rhythmmethod on this. I leave it to Matthews Asia team. Some say, its funds are lagging, but you cannot have it both ways - highs and cheap. MPACX MAPIX SPY QQQyogibearbull, Do you still plan to hold MAPIX? I have been holding it since 2010 and sold a little last year. It has not being doing well at all lately. Thinking about letting it all go. TIA
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galeno
Commander
KISS & STC
Posts: 221
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Post by galeno on Jan 28, 2022 19:28:26 GMT
Why not just buy EM? PE of SCHE = 11.6.
TSM (SCHB) = 20.4
Non-USA dev (SCHF) = 13.4.
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Jan 28, 2022 20:43:42 GMT
China, based on commentary I have been reading, for now it is better to go for actively managed option. So that manager can buy smaller good companies or companies in areas where the Chinese govt. interference is unlikely and buy them in HK and Chinese exchanges. Remember China is a communist and socialist country and while chinese govt seems to be making good decisions they are not made keeping companies and shareholders interests in mind.
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Post by chang on Jan 28, 2022 21:44:29 GMT
I am with rhythmmethod on this. I leave it to Matthews Asia team. Some say, its funds are lagging, but you cannot have it both ways - highs and cheap. MPACX MAPIX SPY QQQyogibearbull, Do you still plan to hold MAPIX? I have been holding it since 2010 and sold a little last year. It has not being doing well at all lately. Thinking about letting it all go. TIA
I sold MITEX and MIAPX at the end of last year, after already waiting too long. They made me a ton of money, and I wanted to keep some of it. Various things at Mâews had been bothering me for a while, so I decided it was time to simplify and consolidate, as well as reduce growth exposure. I let APDYX go, too. All my EM is now in a traditional diversified EM fund (which I could see adding to). |
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Post by richardsok on Jan 28, 2022 21:49:00 GMT
Why not just buy EM? PE of SCHE = 11.6. TSM (SCHB) = 20.4 Non-USA dev (SCHF) = 13.4. Losers & volatile dead money for the last six months or more, galley. Every one. BABA makes some sense; possibly,,,, when/if we can ever find a floor. Might look into EM debt, not equity. EMD is showing good distributions and possibly some support -- but I wouldn't bet the farm on it. |
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Post by win1177 on Jan 29, 2022 0:21:29 GMT
Iâm avoiding China like the plague! Other than broad ETFâs/ mutual funds in emerging markets, have very little exposure there. After losing on my gamble w/ BABA, just too risky, IMHO. I feel OK taking risks with both mutual funds/ ETFâs and individual companies, BUT the problem with China is the govt. can âdecideâ it doesnât âlikeâ a certain company/ industry, and they will fine the company, change the rules, or somehow âpunishâ the company/ business/ industry. Their lack of a free and fair market makes the risks too high.
Win
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Post by nobhead on Jan 29, 2022 0:39:18 GMT
yogibearbull , Do you still plan to hold MAPIX? I have been holding it since 2010 and sold a little last year. It has not being doing well at all lately. Thinking about letting it all go. TIA
I sold MITEX and MIAPX at the end of last year, after already waiting too long. They made me a ton of money, and I wanted to keep some of it. Various things at Mâews had been bothering me for a while, so I decided it was time to simplify and consolidate, as well as reduce growth exposure. I let APDYX go, too. All my EM is now in a traditional diversified EM fund (which I could see adding to). Thanks, chang . I wish I had sold all of MAPIX in August last year when I sold some. |
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Post by steadyeddy on Jan 29, 2022 2:46:33 GMT
Why not just buy EM? PE of SCHE = 11.6. TSM (SCHB) = 20.4 Non-USA dev (SCHF) = 13.4. Losers & volatile dead money for the last six months or more, galley. Every one. BABA makes some sense; possibly,,,, when/if we can ever find a floor. Might look into EM debt, not equity. EMD is showing good distributions and possibly some support -- but I wouldn't bet the farm on it. I own a small position in EMD. |
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