PGJ ISSUER
The Invesco Golden Dragon China ETF (PGJ) is managed by Invesco, a leading global asset management firm. Established to provide investors exposure to the unique economic opportunities in China, PGJ primarily invests in securities of U.S. exchange-listed companies headquartered or incorporated in the People’s Republic of China (excluding Hong Kong). With a focus on transparency and access, Invesco aims to capture the growth potential of Chinese markets while offering investors diversified exposure through a portfolio of securities that reflect the composition of the underlying index.
PGJ DIVIDEND
While the primary objective of the Invesco Golden Dragon China ETF (PGJ) lies in tracking the performance of the Underlying Index composed of Chinese securities, it also reflects the dividend distribution of these holdings. The dividends are subject to the individual dividend policies of the U.S. exchange-listed companies within the index. As PGJ focuses on Chinese companies, investors can anticipate dividend distributions based on the performance and dividend policies of these firms, providing a potential income stream alongside exposure to China's economic opportunities.
PGJ TRACKING
Tracking the NASDAQ Golden Dragon China ETF (PGJ) involves following the NASDAQ Golden Dragon China Index. This ETF invests at least 90% of its assets in securities that make up the underlying index. The index comprises securities of U.S. exchange-listed companies headquartered or incorporated in the People’s Republic of China, excluding Hong Kong. With a focus on providing access to the unique economic opportunities in China while offering transparency through U.S. exchange-listed securities, PGJ holds a diverse range of securities including common stocks, ADRs, and other instruments. Employing a full replication methodology, PGJ aims to mirror the performance of the underlying index by investing in all securities in proportion to their weightings. As of its latest reporting, the fund is non-diversified, and its portfolio holdings are subject to change over time based on market conditions and index composition.
PGJ CORRELATION
The correlation aspect of the Invesco Golden Dragon China ETF (PGJ) is essential for understanding its behavior in relation to the Chinese equity market. As PGJ tracks the NASDAQ Golden Dragon China Index, its correlation with Chinese equities is expected to be significant, reflecting the performance of Chinese companies listed in the United States. This correlation makes PGJ a valuable tool for investors seeking exposure to the Chinese market while benefiting from the transparency of U.S. exchange-listed securities.
PGJ SECTOR
The Invesco Golden Dragon China ETF (PGJ) primarily focuses on securities comprising the Underlying Index, which is curated by Nasdaq, Inc. This index includes U.S. exchange-listed companies headquartered or incorporated in the People’s Republic of China (excluding Hong Kong). The ETF aims to provide investors access to the unique economic opportunities within China while maintaining transparency through U.S. exchange-listed securities. With a concentration on sectors such as consumer discretionary and communication services,
PGJ EXPOSURE
The Invesco Golden Dragon China ETF (PGJ) offers investors exposure to the unique economic opportunities within the People’s Republic of China (excluding Hong Kong) through securities of U.S. exchange-listed companies. With a focus on Chinese-headquartered or incorporated firms, PGJ provides a transparent avenue for investors to tap into the growth potential of this dynamic market. The ETF's portfolio, comprising securities such as common stocks, ADRs, and shares of beneficial interest, reflects the diverse nature of China's economy. As of its latest reporting, PGJ had notable exposure to sectors like consumer discretionary and communication services, offering insight into the areas driving growth within the Chinese market. For investors seeking to understand and capitalize on China's economic landscape, PGJ provides a valuable entry point.For investors looking to delve deeper into PGJ's exposure and understand its portfolio composition, ETF Insider offers a comprehensive web app equipped with simple visualization tools. These tools enable investors to explore PGJ's holdings, uncover sector allocations, and identify correlations with other assets, facilitating informed investment decisions.