Nikko Asset Management launched three new exchange-traded funds (ETFs), offering passive exposure to US equity, listed China equity and listed India equity.
The Listed index Fund China H-share is linked to mainland Chinese companies listed on the Hong Kong Stock Exchange. The firm says this ETF will allow investors to capture the movements of stock prices of mainland Chinese companies.
The third product launched will invests in futures contracts based on a popular Indian equity index, S&P CNX Nifty Futures.
With the addition of these three ETFs, Nikko AM has a total of 17 ETFs in its line-up.
Koei Imai, head of Nikko AM’s ETF centre, said: “The areas that these funds cover are of great interest to investors, so we thought it was time to offer our clients exposure to equities in India and the US alongside a second opportunity to gain exposure to Chinese HKSE-listed companies.
“Our sustained growth as an ETF provider shows the popularity of low-risk, transparent, and diversified products. Nikko AM will continue to further expand its line-up of equity and fixed income exchange-traded products, in order to offer a wider range of investment opportunities to qualified investors.”
©2010 funds europe
