...replicate, before expenses, the performance of the AlphaShares China Real Estate Index. The Index is designed to measure and monitor the performance of the investable universe of publicly-traded companies and REITs deriving a majority of their revenues from real estate development, management and/or ownership of property in China...
Below is a daily chart of the ETF, ticker symbol TAO:
Personally, I find this ETF’s recent victory over its 200dma favourable. I will not be adding this ETF to my portfolio, however, since I am already long too much stuff as it is (AMZN, HANS, OCN, FXA, UGA, TIP). Although the aforementioned securities are all very diverse, they could all suffer if there was a sharp correction, in which everything is in the red. At all times, I prefer to have a mixture of long and short positions.
