Bringing you live news and features since 2006 

Great Wall of China

FTSE licences Commerzbank for new ETF linked to FTSE China A 50 index

RELATED TOPICS​

FTSE Group has granted a licence to Commerzbank to launch an exchange-traded fund based on its FTSE China A 50 Index – The ComStage FTSE China A50 UCITS ETF – which has listed on Deutsche Boerse.

 
The new fund is the first synthetic ETF tracking the index to be launched in Europe.
 
The FTSE China A 50 Index is a real-time, tradable index comprising the largest 50 A Share companies by full market capitalisation. The index includes stocks listed on the Shanghai and Shenzhen Stock Exchanges.
 
In common with all FTSE indices, this index is managed according to a publicly available set of rules and overseen by an independent committee of seasoned market practitioners.
 
Sudir Raju, managing director ETP relationships, FTSE Group, says: “We are delighted that Commerzbank has again chosen to create ETFs based on FTSE indices. FTSE has a long and established presence in China with some of the world’s largest ETFs tracking FTSE benchmarks. The FTSE China A 50 index tracks the performance of the largest 50 A share companies and reflects the growing demand from investors for access to this fast and developing economy.”
 
Thomas Meyer zu Drewer, managing director of Commerzbank’s ETF brand ComStage, says: “We are pleased to announce the launch of our new ComStage FTSE China A50 UCITS ETF, which is linked to the FTSE China A 50 index. We have seen increasing interest from investors and our new ETF will provide European investors with easy access to the Chinese market, by tracking the performance of FTSE’s highly transparent and representative benchmark index.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by