Apple Inc (AAPL)

[fmikehugo]

New China ETF from Barclays FXI

From the prospectus

Description of the FTSE/Xinhua China 25 Index

The Index is designed to represent the performance of the largest companies in the China equity market that are available to international investors. The Index consists of 25 of the largest and most liquid Chinese companies. Securities in the Index are weighted based on the total market value of their shares, so that securities with higher total market values generally have a higher representation in the Index. Each security in the Index is a current constituent of the FTSE All-World Index. All but one of the securities in the Index trades on the Hong Kong Stock Exchange (the single security that does not trade on the Hong Kong Stock Exchange is expected to be deleted from the Index in the fourth quarter of 2004). As of August 31, 2004, the Index’s top three holdings were Bank of China Hong Kong (Holdings) Ltd., Petrochina Co. Ltd. and China Mobile and the Index’s top three industries were resources (e.g., coal & oil), non-cyclical services (e.g., telecommunications) and financials (e.g., bank and insurance).