Asset management firm China Post Global has launched a Ucits-compliant smart beta ETF which will track the iSTOXX MUTB Japan Quality 150 index.
China Post Global said that a quality-factor approach to the Japanese equity market would be hopefully attract investors looking to capitalise on positive recent developments in the Japan’s economy.
The Market Access iSTOXX MUTB Japan Quality 150 Index UCITS ETF is being launched with €26 million of seed capital and will be listed on Deutsche Borse and the SIX Swiss Exchange and will be registered in Austria, Germany, Italy, Netherlands, Switzerland and UK.
Danny Dolan, China Post Global managing director, said: “We have been able to draw on the local expertise of MUTB and the index construction capabilities of STOXX to develop a product that we feel really adds value for investors and responds to their needs.”
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