Wednesday, November 14, 2007

ETF to Short China

For those who believe that the Chinese stock market is a bubble, there is now an easy way to take action on your convictions. The UltraShort FTSE/Xinhua China 25 ProShare (FXP) moves twice in the opposite direction of the Chinese stock market. The underlying index is the FTSE/Xinhua China 25 Index.

Doubling down on a global downturn
ProShares funds short booming Chinese stocks, other emerging markets
http://www.marketwatch.com/news/story/new-etf-lets-investors-profit/story.aspx?guid=%7B225CDEB1%2DACBD%2D4A6D%2D84CD%2DADF393307D9F%7D&dist=TNMostMailed

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