The U.S. Treasury auctioned ten-year TIPS worth $11 billion on May 19, 2016. The auction amount was set at $13 billion.
Currency-hedged ETFs are options if you want exposure to Japanese equity but want to protect your investments from the downside risk of currency fluctuations.
The PCE price index is the Federal Reserve’s preferred measure of inflation because it covers the broadest set of goods and services.
Asset managers have warned that costs may rise. They recommend inflation-linked securities such as Treasury inflation-protected securities (or TIPS).
Treasury inflation-protected securities (or TIPS) protect the value of debt securities from eroding due to a rise in inflation.
China’s State Administration of Foreign Exchange, or SAFE, released foreign reserve data for March on April 7, 2016. China’s foreign reserves rose $10.3 billion to $3.2 trillion in March.
China’s SSE (Shanghai Stock Exchange) Composite Index was nearly flat from March 31, 2016, to April 7, 2016, and ended at 3,008.4 on April 7.
China’s MNI business sentiment indicator fell to 49.9 in February from 52.3 in January.
The Caixin China General Services Business Activity Index came in above the neutral 50.0 value at 51.2 in February, which was down from 52.4 in January.
The Caixin China Manufacturing PMI (or Purchasing Managers’ Index) came in at 48.0 in February, down from 48.4 in January.
China’s official manufacturing PMI (or purchasing managers’ index) reading for February came in at 49.0.
The yuan accounted for 2.5% of global payments in January, slightly up from 2.3% in December 2015.
China’s official non-manufacturing purchasing managers’ index (or PMI) is an economic indicator that provides a snapshot of the non-manufacturing sector of an economy.
The Westpac MNI China CSI fell 3.1% to 111.3 in February from 114.9 in January as household finances and the outlook for spending deteriorated.
The SSE Composite Index rose by 4.3% from February 25 to March 3, 2016, after the PBoC announced its fifth rate cut since February 2015.
In this series, we’ve reviewed eight China-focused mutual funds in terms of their performance and portfolio composition. The Fidelity Advisor China Region Fund – Class A (FHKAX) was the largest fund according to asset size.
The Guinness Atkinson China and Hong Kong Fund (ICHKX) was incepted in June 1994 with the objective to seek long-term capital appreciation by primarily investing in securities of China and Hong Kong.
The Clough China Fund – Class A (CHNAX) was launched on December 2005. As of January 2016, fund’s net assets stood at $56.1 million and the fund had a net expense ratio of 1.95%.
The Neuberger Berman Greater China Equity Fund – Class A (NCEAX) adopts the value-bias strategy, and its objective is to seek long-term capital return in up and down markets.
The Oberweis China Opportunities Fund (OBCHX) has net assets of $100.1 million as of January 2016. The fund has an expense ratio of 1.95%, the highest among all the funds.