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HSBC Launches China ETF On LSE
HSBC has launched a new China exchange-traded fund on the London Stock Exchange.
HSBChas launched a new China exchange-traded fund (ETF) on theLondon Stock Exchange(LSE),IFA Onlinereports. TheHSBC MSCI China ETFseeks to reflect the performance of theMSCI Chinaindex.
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 fromIFA Online.