As a result of that excitement, China ETFs are dominating the list of top performing funds in September, according to FactSet.
The iShares MSCI China ETF (MCHI) was up about 22% on the month, while the KraneSharesCSI China Internet ETF (KWEB) was up more than 32%.
Other top performers include the Global X MSCI China Consumer Discretionary ETF (CHIQ) and the Invesco Golden Dragon China ETF (PGJ) , with September gains of roughly 32% and 30%, respectively.
The MSCI China Index's total annualized return during that period is under 1%.
The average here is a gain of +78% over 176 trading days vs. a decline of -42% over 165 trading days," the note continued.
Persons:
Todd Sohn, David Tepper, there's
Organizations:
People's Bank of, CSI, China Internet, Dragon China
Locations:
People's Bank of China, China, U.S