CHN: 'Made In China' With A Discount

Oct. 12, 2022 5:49 PM ETChina Fund (CHN)MCHI, TDF2 Comments
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Binary Tree Analytics
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Summary

  • The China Fund is a closed end fund focused on Chinese equities.
  • The fund has seen its discount widen substantially this year as the holdings have underperformed.
  • The vehicle has a very long track record, having IPO-ed in 1992.
  • CHN does not have any leverage, but should outperform the sectoral ETF as China emerges from its economic troubles in 2023.
  • This article covers CEFs from our suite of products - we focus on macro portfolio allocation, CEFs and yield generating options strategies, targeting overall yearly portfolio returns of 9%+.

Hacked by China

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Thesis

The China Fund (NYSE:CHN) is a closed end fund focused on Chinese equities. The vehicle was listed way back in 1992, and has a significant amount of track record. As per its literature:

The

funds

Long Term Performance (Fund Fact Sheet)

what is that

YTD Total Return (Seeking Alpha)

who is this

3Y Total Return (Seeking Alpha)

seek and ye shall find

10Y Total Return (Seeking Alpha)

what are the facts

Sector Allocation (Fund Fact Sheet)

what do i hold

Top Holdings (Fund Fact Sheet)

what are the facts

Market Cap (Fund Fact Sheet)

good morning !

Premium/Discount to NAV (Morningstar)

connect me

Discount to NAV (CefConnect)

This article was written by

Binary Tree Analytics profile picture
3.12K Followers
With a financial services cash and derivatives trading background, Binary Tree Analytics aims to provide transparency and analytics in respect to capital markets instruments and trades._____________________________http://www.BinaryTreeAnalytics.com

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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