HSBC has released a China ETF on the London Stock Exchange, boosting its range of products tracking the emerging markets.
The latest fund comes shortly after the launch of the bank's broader Bric ETF, listed on the LSE on Wednesday. The HSBC MSCI China ETF, which has a total expense ratio of 0.60%, aims to reflect the performance of the MSCI China index. This comprises the leading companies in China that non-domestic investors can access, usually via the Hong Kong stock market. The fund physically replicates the underlying index and will invest in the constituent securities in generally the same proportions. However, the fund may not take exposure to all the securities, as some are relatively illiquid. T...
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