PGJ Power Shares Golden Dragon (cool name) is an ETF that tracks the Halter USX China index. A great way to get in the Chinese economic growth boom with broad exposure, reduced risk, and not having to pick individual stock. More stable b/c invests in ADR versions of Chinese stocks that are traded on the major US exchanges. Portfolio holdings include PetroChina, China Mobile, Bidu, Yanzhou Coal, (see www.usxchinaindex.com for more info). 1 year gain 100%, ytd 60%!

There are other ETFs and closed end funds that have China exposure (CAF, CHN, JFC, etc) but PGJ is the best if you wan

By Dave Mock April 24, 2007 <o:p> </o:p>

Noted for their simplicity and other advantages over mutual funds, exchange-traded funds have become a popular investing tool. ETFs hold a collection of stocks that share certain elements in common, so that if investors want to capitalize on the booming economy in China, for example, they can turn to iShares FTSE/Xinhua China 25 Index (NYSE: FXI ) or PowerShares Golden Dragon Halter (AMEX: PGJ ) , which track two different Chinese stock indexes. <o:p> </o:p>

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But since these ETFs invest in a num

By Dave Mock April 24, 2007

One of the best ETFs I own is PGJ, which has been very good for a while. I like this stock because of its huge upside potential, it is cheap relative to its peers. It has been growing really big, up as much as 11% YTD inspite of all the pessimistic outlook and volatility associated with chinese stocks; everybody says that the chinese markets have reached their peak, but this one is still going! I dont see any big downturn anything soon....although there might be some correction. However, any downturn will only take this stock to higher levels. ..just look at what happen after the Feb 27th

I have been following this ETF for the past year. I am in it for the long haul. Here are some of the characteristics I like:

P/E Ratio = 19.30

ROE = 16.76%

Top Holdings = PetroChina Ltd., China Mobile Ltd., China Unicom Ltd., China Netcom Group Corp., CNOOC Ltd.