China Spooks the Stock Market Again
A decline in economic growth could have major ramifications for the U.S. because many U.S. companies have invested significant resources in building their businesses in China. The prospect of slowing economic growth in China, a premier emerging market, threatens the earnings growth for many U.S. companies that do a significant amount of business there. In fact, China is one of the nations that is included in the ‘BRIC’ list, an acronym for Brazil, Russia, India and China, the most important emerging markets in the world.
Naturally, mutual funds were equally affected as many mutual funds invest heavily in Chinese equities. Here are three mutual funds with very high exposure to Chinese stocks.
Mutual Funds With High China Exposure
The Bottom Line
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