CHINA ASSET MANAGEMENT CO CAMC CSI NEW ENGY AUTOM ETFSSE
Description
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515030 is China New Energy Automation ETF
It covered the whole industry. I can tell you this industry will have at least 10 year's growth and this industry has great potential. Therefore I can't tell you where is Target But the smart way to invest your money and let your hard earned money work for you is through Monthly Investment. This is some thing related to financial planning. For Example: If your salary is about 10k-15k Cny/mth after deduct all your living expense you can save 4k-5k per month. Then you can consider to invest fixed dollar amount of 1k-2k in this etf at a fixed date (Your salary payout date maybe) Your saving in the bank will only give you 3%-4% P.A but this ETF could give you doulbe , tripple, or more And since you are investing every month, your cost will be averaged if you save 2k cny every month, 24k every year and after 10 years, you saved about 240kCNY now the price is only 1.28, if it rallys to 4, or 5, or 10, you can image your rate of return . And after 10 years, whenever you need some cash for large sum payment your son's education, your tourism, your mediccal expense etc you just need to sell some of the units. Good luck and all the best !
Well I don't know about the Chinese new energies of the next 10 years but as far as the old energies of the western world are concerned, they were the worst performing ETFs in 2020 of all:
-MSCI USA Energy (LSE:XSEN)
-S&P 500 Energy Sector (LSE:IESU)
-S&P Energy Select Sector (LSE:SXLE)
-MSCI World Energy (EURONEXT:WENS)
@tntsunrise, how can I invest in this??? any website, any broker, which accepts SKRILL so that I may transfer the USD in that broker to do the investment
guidance will be highly obliged...
eriboz
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@WaqqasQureshi, looking for it as well.
cryptotheist
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US people can't invest I am assuming?
tntsunrise
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@cryptotheist, there might be mirror ETF to trace this , China Concept.
jybcokr7
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thank you for your insight!
Can you please let us know the mirror ETF name to trace this, China Concept??
-MSCI USA Energy (LSE:XSEN)
-S&P 500 Energy Sector (LSE:IESU)
-S&P Energy Select Sector (LSE:SXLE)
-MSCI World Energy (EURONEXT:WENS)