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ENCL

TSX
16.96000 CAD
0.15
0.89%
Last update May 1, 3:59 PM EDT
Market closed
Day range
16.73000
17.16000
Previous close
16.81000
Open
16.73000
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Global X MSCI China Energy ETF
16.96
0.15
0.89%

Overview

Description

The Global X MSCI China Energy ETF is an exchange-traded fund designed to track the performance of the MSCI China Energy Index. This ETF focuses on investing in equity securities of Chinese companies operating in the energy sector. Its primary purpose is to provide investors with targeted exposure to China's energy market, which is characterized by large state-owned enterprises and significant contributions from fossil fuels such as coal, oil, and natural gas. The ETF captures a range of companies involved in the exploration, production, and distribution of energy resources. These companies play a crucial role in supporting China's rapidly growing economy and its substantial energy needs. Firms within this fund may include major energy producers and utility companies, which benefit from China's industrial expansion and increasing urbanization. In the broader financial market, the Global X MSCI China Energy ETF serves as a tool for diversification, allowing investors to gain international exposure specifically to the Chinese energy sector. It attracts interest from those looking to balance their portfolios with an emphasis on emerging markets and is part of the more extensive suite of thematic ETFs focusing on global economic trends.

About

Address
Phone
416 933 5745
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
Market closed

Exchange is currently closed
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Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
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09:30 - 16:00
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16:00 - 17:00
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