CNYA: The China Contrarian Trade Of Choice

Nikada With the second largest economy in the world, China can’t be ignored. One of the popular investment vehicles to gain exposure to China is the iShares MSCI China A ETF (BATS:CNYA). It clearly hasn’t done well. China’s markets have been a mess for some time now, but there is a price for everything, and the contrarian trade is to bet on the country now. Before we dive into the specifics of CNYA, it’s crucial to understand the investment premise behind this ETF. China’s rapid economic growth, large population, and increasing consumer spending make it an attractive market for potential…