Key stats
About WisdomTree China ex-State-Owned Enterprises Fund
Home page
Inception date
Sep 19, 2012
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WisdomTree Asset Management, Inc.
Distributor
Foreside Fund Services LLC
CXSE aims to provide broad Chinese equity exposure while excluding state-owned enterprises (SOEs). The underlying investment thesis is that private corporations are run more efficiently and act in the best interests of shareholders rather than the state. CXSEs approach to the Chinese market effectively limits its exposure to large industrials, and focuses instead on technology and consumer firms. A-shares are included, but are capped at 5% of the portfolio. Most of the fund is invested in in H-shares, N-shares, and P-chips, as well as ADRs and direct US listings. Note: CXSE changed its index, ticker, and expense ratio in July 2015. Its old ticker, CHXF, tracked an index of Chinese ex-financial companies with a dividend focus. The fund added A-share exposure in August 2017.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
---|---|---|---|---|---|---|
Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Retail Trade
Health Technology
Producer Manufacturing
Stocks99.90%
Technology Services19.54%
Retail Trade15.24%
Health Technology11.28%
Producer Manufacturing11.28%
Finance8.21%
Electronic Technology8.12%
Transportation5.74%
Consumer Non-Durables5.05%
Process Industries4.51%
Consumer Durables4.43%
Consumer Services2.70%
Commercial Services1.08%
Non-Energy Minerals0.99%
Utilities0.52%
Miscellaneous0.38%
Industrial Services0.36%
Health Services0.30%
Distribution Services0.09%
Energy Minerals0.09%
Bonds, Cash & Other0.10%
Cash0.10%
Stock breakdown by region
Asia95.72%
Europe3.05%
North America1.24%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history