HSBC To Float Three ETFs

HSBC is seeking to unveil three new exchange-traded funds covering Canada, Latin America and South Africa, on the London Stock Exchange.

HSBC is seeking to unveil three new exchange-traded funds (ETFs), covering Canada, Latin America and South Africa, on the London Stock Exchange (LSE), What Investment reports. The first of three portfolios will be the HSBC MSCI Canada ETF.The Canadian fund will replicate the performance of the MSCI index. The launch date of the HSBC MSCI EM Latin America and MSCI South Africa ETFs has not been determined. The funds will be denominated in sterling and the U.S. dollar.

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