HSBC Global Asset Management will unveil a new Korea exchange-traded fund (ETF), What Investment reports. The London-listed MSCI Korea ETF will be the latest addition to HSBC’s range of products tracking Asian indices. The portfolio will have a total expense ratio of 0.6%, and is scheduled to launch in April 2011. HSBC GAM launched its first ETF in August 2009, and has added over 20 products to its range.
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