Lyxor has launched the Lyxor UCITS ETF CSI 300 A Shares, which replicates the performance of the CSI 300 A Shares index, in order to offer international investors access to the China A Shares market.
Traditionally most international investors gain exposure to China through the freely accessible off-shore stocks (H-Shares), while access to the on-shore stock market (A-Shares) remains somewhat restricted.
The fund aims to offer an attractive option for institutional investors in terms of costs with a TER of 0.40 per cent.
The launch further extends Lyxor’s product range in the emerging markets ETF space. The company was the first to offer access to the Chinese market through H-Shares and has been managing products in this market since 2006, with the Lyxor ETF China Enterprise being the largest ETF in Europe providing exposure to Chinese corporates.