Fund Description
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the BNY China Select ADR Index. The fund creates long positions by investing at least 80% of its net assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: futures contracts; options on securities, indices and futures contracts; equity caps, collars and floors; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments. The fund is non-diversified.
Fund Snapshot Updated 05.14.2012
| Previous Close | $41.10 | Expense Ratio | 0.95% |
| YTD Return | 10.7% | Avg. 30-Day Volume | 75,758 |
| 1-Year Return | 62.2% | Market Cap | Loading... |
| Bid | $17.90 | Shares Outstanding | 2,050,000 |
| Ask | $18.03 | Dividends | $0.00 |
| Top 10 Holdings | |
|---|---|
| China Mobile Limited (CHL) | 12.03% |
| Petrochina Co Ltd (PTR) | 7.64% |
| Cnooc Ltd (CEO) | 7.60% |
| China Life Ins Co Ltd (LFC) | 6.25% |
| Baidu Inc (BIDU) | 5.81% |
| China Pete & Chem Corp (SNP) | 5.63% |
| China Unicom (Hong Kong) Ltd (CHU) | 4.02% |
| China Telecom Corp Ltd (CHA) | 3.79% |
| Netease Inc (NTES) | 3.25% |
| New Oriental Ed & Tech Grp Inc (EDU) | 2.84% |
| % of Total Holdings | 58.90% |
