The db X-trackers Harvest CSI 300 China A-Shares Fund (ASHR) has launched at USD108m, the largest initial capital investment for an equity exchange-traded fund since 2007.
“The initial investment in ASHR demonstrates the ground breaking nature of this ETF and is a positive indicator of pent up demand for direct exposure to mainland Chinese equities,” says Martin Kremenstein, head of passive asset management for Deutsche Asset & Wealth Management Americas.
