The first Ucits-regulated exchange-traded fund (ETF) to track the inclusion of domestic Chinese A-shares in MSCI global indices has been launched in Germany.
HSBC Global Asset Management has listed the product on the China Europe International Exchange, which is a part of the Frankfurt Stock Exchange.
Called the HSBC MSCI China A Inclusion Ucits ETF, Joseph Molloy, head of index and systematic equity portfolio management at HSBC Global AM, said the ETF is designed to track the “progressive partial inclusion of China A shares in the MSCI Emerging Markets Index over time”.
He said this made the product an “excellent building block for investors to future-proof their portfolio using one single share.”
The total expense ratio for the ETF is 0.60%.
HSBC Global AM manages assets equivalent to US$463 billion.
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