HSBC has rolled out an emerging markets ETF, Financial Times reports. The MSCI Emerging Markets ETF has been listed on the London Stock Exchange in both the British pound and U.S. dollar.

The new ETF seeks to provide investors with total return performance of the MSCI Emerging Markets index while reducing tracking error. The fund will utilize physical replication in tracking its index. It will provide physical exposure to the total-return performance of the index net of fees.

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