Terry Shaunessy China Technology Gugenheim CQQQ-N DON'T BUY May 15, 2018

Industry sectors in emerging markets are expensive, like the 0.7% MER on CQQQ. China is a big part of the EM index, and technology is a biggest part of that em index. So, here you're getting Alibab and Baidu for a fraction of the price. You're paying at least a half-point on the MER. He likes this space, but you can play Chinese tech stocks cheaper on the broader market.