How do I invest in the Chinese Yuan ?
Apparently, if your thinking 10 to 20 years in advance the Chinese Yuan might be a good choice… Pay close attention to Craig Karmin’s response to this question/statement: “How worried should we be about the rise of the Euro, I mean the Dollar look weak agaist the Euro.”
Some replies on Yahoo Answers
“Just buy a mutual fund or ETF that invests in Chinese stocks. You will get the benefit of effectively holding the Yuan. D” . Response from Heavy D
I know an indirect way. Buy a mutual fund that invests in Chinese stocks or buy Chinese stocks or buy them both. A rise in the Yuan will translate into a rise in the comparative value of the stocks when translated into U S dollars. Actually, the Chinese stocks will most likely outperform the U S stocks during the next 5, 10 and 20 years so you will potentially receive a double benefit.
Here are a couple of Chinese stocks traded as ADRs: CHL and ACH
Here are a couple of closed end mutual funds currently selling at whopping discounts to net assets: CHN, TDF. Response from muncie birder Advertise On This Website
Some replies on Yahoo Answers
“Just buy a mutual fund or ETF that invests in Chinese stocks. You will get the benefit of effectively holding the Yuan. D” . Response from Heavy D
I know an indirect way. Buy a mutual fund that invests in Chinese stocks or buy Chinese stocks or buy them both. A rise in the Yuan will translate into a rise in the comparative value of the stocks when translated into U S dollars. Actually, the Chinese stocks will most likely outperform the U S stocks during the next 5, 10 and 20 years so you will potentially receive a double benefit.
Here are a couple of Chinese stocks traded as ADRs: CHL and ACH
Here are a couple of closed end mutual funds currently selling at whopping discounts to net assets: CHN, TDF. Response from muncie birder Advertise On This Website
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Fiscal Musings said
am March 12 2008 @ 8:28 pm
If I were to go after this, I’d probably go the ETF route. I’m not too interested in the Yuan though. It’s definitely something to consider though.
new homes for sale said
am April 18 2008 @ 3:27 am
new homes for sale…
« Foreclosures in Los Angeles Up 800% Main Buying Real Estate In The Third Quarter of 2007»…
luxury hunter said
am July 1 2008 @ 3:37 am
good thought about chinese currency.
Chinese stocks – is the future, future that already now.