HSBC has launched a new China exchange-traded fund (ETF) on the London Stock Exchange (LSE), IFA Online reports. The HSBC MSCI China ETF seeks to reflect the performance of the MSCI China index.
The portfolio physically replicates the underlying index and will invest in the constituent securities in the same proportions. The fund, which has a total expense ratio of 0.60%, is listed in sterling and the U.S. dollar.
Click here for the story from IFA Online.