Blackrock China ETF | MCHI

High RiskEquity
Blackrock China ETF
Issued by:iShares by Blackrock
Index : NASDAQ
Unit Price (NAV) :
$
Minimum investment: 2 units
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Blackrock China ETF | MCHI

Blackrock China ETF | MCHI

About MCHI ETF

Overview:
The iShares by BlackRock China ETF (MCHI) provides broad, cap-weighted exposure to a wide array of investable Chinese shares excluding mainland-listed A shares and is managed by BlackRock that has a total AUM of $6.28T.

MCHI is an exchange-traded fund incorporated in the USA in March 2011. It has fewer holdings than the "all-share" benchmark and tilts more towards large cap companies.

About the Fund Manager:
Founded in 1988, Blackrock is the largest asset manager in the world managing $6.28T. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.

Investment Strategy:
The ETF seeks to track the investment results of an index composed of a broad range of companies in China.

Sector:
MCHI has invested in Technology (36%), Financials (22%), Consumer Cyclical (8%), Energy (6%), and Real Estate (5%).

Geography:
MCHI invests 94% of its assets in China, 3% in Hong Kong, 2% in United Kingdom and 1% in United States.

Recommended for:
Growth

MCHI provides a broad, cap-weighted exposure to investable Chinese shares excluding mainland-listed A-shares.

According to ETFdb.com, "This ETF offers exposure to the Chinese equity market, making it one of many options for investors looking to gain access to one of the world's largest and most important economies."

Additional Information:
1. Fund Factsheet
2. Tips For China ETF Selection
3. FXI: The Largest China ETF, But Not the Best

How did we identify this ETF:
A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R - squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. MCHI is a highly liquid choice within the segment, trading briskly each day with narrow spreads, and offers good block liquidity. It is also one of the cheaper options in its segment, which helps explain the fund's strong popularity. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.

Returns

PerformanceYTD1Y3Y5Y10Y
Blackrock China ETF0.51%40.97%8.14%16.10%6.30%

Asset Class

Asset type breakdown
Stock non-US99.80%
Stock US0.11%
Cash0.09%

MCHI Holdings - Top 10

NameiWeightage (%)
TENCENT HOLDINGS LTD14.75%
Alibaba Group Holding Limited13.89%
Meituan4.78%
CHINA CONSTRUCTION BANK CORP H2.59%
Ping An Insurance (Group) Company of China, Ltd2.29%
JD.com, Inc2.28%
Baidu, Inc1.96%
Pinduoduo Inc1.77%
NIO Inc1.60%
Xiaomi Corporation1.54%

MCHI Sectors/Industry Breakdown

Sectori% of market value
Consumer Cyclicals31.70%
Communication Services20.92%
Financial Services14.09%
Healthcare7%
Technology6.23%
Consumer Defensive5.83%
Real Estate4.70%
Industrials4.30%
Basic Materials2.13%
Utilities1.76%
Energy1.34%

MCHI Countries

Countryi% of market value
Asia Emerging98.94%
Asia Developed0.96%
North America0.11%

Projected Returns

Investment ofper month
gives returns of :
at 3.82% / annum
$in 10 years
amount
for a time period of
time1Y3Y5Y10Y
Returnsbased on historic SIP returns of 3.82% per annum
$
$
$+ 3.82

MCHI Summary Data

Total Net Assets $i
Average Mkt Cap Mil $i
Symbol MCHI
Exchange XNAS
ISIN US46429B6719
Cat. Benchmark MSCI ACWI Ex USA NR USD
Asset class Equity
Category China Region
Country US

MCHI Portfolio Data & Volatility Analysis

Net Expense Ratio 0.59i
Beta 0.77i
Valuations Rates Portfolio PE 15.95766i
3 Year Standard Deviation 20.05i

Fund Strategy

iShares MSCI China ETF is an exchange-traded fund incorporated in the USA. The index is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities in the top 85% in market capitalization of the Chinese equity securities markets, as represented by the H-Shares and B-Shares markets. The fund is non-diversified.

MCHI Fact Sheets & Reports

About iShares by Blackrock

"iShares" is a gathering of ETFs managed by Blackrock. Blackrock is an American investment management corporation founded in 1988. Some iShares ETFs are actively managed but most funds track a bond or share market index.

Blackrock China ETF | MCHI