SPDR® S&P China ETF company info

What does SPDR® S&P China ETF do?
SPDR® S&P China ETF (NYSEARCA:GXC) engages in providing investors exposure to the Chinese equity market, aiming to track the performance of the S&P China BMI Index. This ETF operates by investing at least 80% of its total assets in the securities comprising the index, which represents the universe of publicly traded companies domiciled in China. SPDR® S&P China ETF's objectives focus on mirroring the performance of its benchmark index, facilitating access to a broad range of Chinese companies across various sectors, and employing a passive management investment approach. This approach aims to minimize expenses and maintain portfolio transparency, offering investors a path to potentially profit from the growth dynamics of the Chinese economy.
SPDR® S&P China ETF company media
Company Snapshot

Is SPDR® S&P China ETF a public or private company?

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Ownership
Public

How many people does SPDR® S&P China ETF employ?

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Employees
2,307

What sector is SPDR® S&P China ETF in?

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Sector
ETF

Where is the head office for SPDR® S&P China ETF?

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Head Office
Boston, United States

What year was SPDR® S&P China ETF founded?

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Year Founded
2007
What does SPDR® S&P China ETF specialise in?
/Investment Fund /Equity Exposure /Chinese Market /Diversified Portfolio /Asset Management /Financial Services

What are the products and/or services of SPDR® S&P China ETF?

Overview of SPDR® S&P China ETF offerings
Tracks S&P China A-Shares Index: GXC tracks the S&P China A-Shares Index, which measures the performance of A-shares listed on the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE). A-shares are yuan-denominated shares of companies incorporated in mainland China.
Exposure to Mainland China Stocks: By investing in this index, GXC offers investors exposure to a variety of established and large companies operating in China. This provides a way to gain access to the Chinese stock market without having to pick individual stocks.
Focus on Large and Mid-Cap Companies: The S&P China A-Shares Index consists of mainland China's large and mid-cap A-shares. These are generally more established and stable companies compared to smaller companies.
Passive Management: GXC likely tracks the index passively. This means the holdings are automatically adjusted to reflect the index composition, potentially resulting in lower fees compared to actively managed China funds.
Potential for Capital Appreciation: The value of GXC can potentially grow over time as the underlying Chinese companies' stock prices increase. The Chinese economy has historically experienced strong growth, which can be reflected in the stock market.
Currency Fluctuation Risk: GXC trades in US dollars, but the underlying holdings are in Chinese yuan. Fluctuations between the USD and CNY can impact the value of your investment in GXC. There's also the potential for currency controls by the Chinese government affecting the investment.