Secondly, we introducethecurrent statusoffundpositionmanagementandcalculation methodofGuangdong Development Bank, and analyze its pros and cons in detail.
Other ETFs with a large Bank of America position include the iShares Dow Jones U.S. Financial Services Index Fund (IYG), with an allocation of nearly 9.8%, and the SPDR KBW Bank ETF (KBE) with an allocation of over 10.6%.