The Shanghai Stock Exchange Composite Index has fallen around 60% this year, the worst-perfoming major stock index in the world.

Many investors tend to use iShares FTSE/Xinhua China 25 Index (FXI) or PowerShares Golden Dragon Halter USX China (PGJ) as an ETF for Chinese stocks.

From this article, we learn that a commodity fund went bust due to being long metals and energy.

The hedge fund manager Ospraie Management has said that it will close its flagship fund after it plunged 27 percent in August on losses in energy, mining and natural resources equity holdings, in one of the biggest ever closures of a commodities-focused hedge fund.