China’s top-down, government-run economy is inefficient and not a good bet for investors, and U.S. investors should be very cautious before investing in Chinese stocks. I spoke with Charles Payne about how my Republican stock ETF, ticker: MAGA, serves as a potential domestic alternative to international funds on Fox Business.

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Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.