Seeking China’s ‘Wave of the Future’ with this Fund
Technology stocks, often considered the “wave of the future,” can provide relatively strong growth prospects because the industry evolves at a faster rate than many others. One exchange-traded fund (ETF) that combines the promise of technology with the high-growth emerging market of China is the Guggenheim China Technology ETF (CQQQ).
This fund invests in technology companies based in mainland China, with allowances made for Hong Kong and Macau-based companies if most of their revenues come from China, Hong Kong and Macau. Market capitalization is a factor for index inclusion here, with a requirement of $200 million being the threshold for initial inclusion in the fund.
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