Deutsche Asset & Wealth Management’s db X-trackers Harvest CSI 300 China A-Shares Fund (ASHR) has traded more than one million shares for the first time since the ETF launched on 6 November 2013.
“The recent rise in ASHR’s trading volume continues to demonstrate the strong investor demand for this game-changing ETF,” says Martin Kremenstein, head of passive asset management for Deutsche Asset & Wealth Management Americas. “As reforms that favour foreign investment continue to be announced in China, we expect to see increased daily trading volume in ASHR, given its status as the first ETF to offer direct equity access to China A-shares.”