Stock price when the opinion was issued
Chinese stocks have sucked for 3-4 years due to political interference from Beijing. But XCH bottomed a month ago and is rebounding. If this breaks below $13.74, then that means there are more problems in China. Start with a small position. If this continues to rise, he will add to his holding, currently 3% of his portfolio. Risk-reward is really good.
The idea of China is a good one and a diversifying one. Their business cycle and monetary policy are so very different from what we have in Canada. Focus is on a single country. MER is around 0.85%, as it's harder to gain access to those securities. Pretty good exposure.