Direxion Investments begun trading the Direxion Daily CSI 300 China A Share Bear 1x Shares (NYSEArca: CHAD) on Wednesday, June 17, 2015.
Here is a synopsis of the new ETF:

 

 

FUND INFORMATION:

Symbol: CHAD	Exchange: NYSE Arca
Name: Direxion Daily CSI 300 China A Share Bear 1x Shares	Net Expense Ratio: 0.80%

 

FUND OBJECTIVE:

The Direxion Daily CSI 300 China A Share Bear 1x Shares seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the CSI 300 Index.

 

 

REFERENCE INDEX:

The CSI 300 Index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market. Index constituent stocks must have been listed for more than 3 months (unless the stock’s average daily A-share market capitalization since its initial listing ranks among the top 30 of all A-shares) and must not be experiencing obvious abnormal fluctuations or market manipulations. As of May 31, 2015, the Index included 300 securities of companies with a market capitalization range of approximately $2.8 billion to $337 billion and an average market capitalization of $19.0 billion.

 

 

Index Top Holdings (06/17/15):

Ping An Insurance Group Co of China Ltd	3.78%
China Merchants Bank Co Ltd	2.55%
China Minsheng Banking Corp Ltd	2.33%
CRRC Corp Ltd	2.31%
CITIC Securities Co Ltd	2.05%
Haitong Securities Co Ltd	1.79%
Industrial Bank Co Ltd	1.76%
Shanghai Pudong Development Bank Co Ltd	1.63%
Gree Electric Appliances Inc of Zhuhai	1.28%
China State Construction Engineering Cor	1.20%

 

Index Sector Weightings  (06/17/15):

Financials	35.83%
Industrials	19.18%
Consumer Discretionary	11.38%
Materials	7.43%
Information Technology	6.98%
Health Care	5.94%
Consumer Staples	5.45%
Utilities	3.87%
Energy	2.92%
Telecommunication Services	1.02%

 

Useful Links:
CHAD Home Page

 

Category: Equities> Regions> Asia> Emerging Asia Equities> China