An Aussie investor will casually refer to long or short China, over or underweight China, in their asset allocation.
But just as we bother to differentiate the Dow from the spx from the Nasdaq, so to one needs to mention which product, precisely, one had in mind.
There are many different products, different exposures, and ultimately, very different return trajectories depending on which approach you took.
Not the least of which is ensuring whether you’ve grabbed the US version, or the AUD version, the mainland focused version, or the tech heavy focused version, or the blend of the two exchanges, the Shanghai or Shenzhen.
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Please note that past performance is not a reliable indicator of future performance.
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