ETF Securities and E Fund Management (HK) have licensed the MSCI China A Index as the basis for a proposed exchange-traded fund (ETF).
“We are delighted to be able to license the MSCI China A Index. We expect our product to be the first UCITS ETF listed in London tracking the MSCI China A Index which provides better diversification and sectorial coverage than other indices we have reviewed,” says Matt Johnson, head of distribution EMEA, ETF Securities. “As MSCI continues to evaluate the inclusion of Chinese A shares into its flagship Emerging Markets Index, we believe that working with them on this initiative will appeal to investors currently utilising this index as a benchmark.”
“The attractive China A shares market is gaining much ground with global investors. E Fund is pleased to be working on a new product for Europe with ETF Securities that, once launched, will give a clear measure and representation of this segment,” says Ko Tseng, managing director, E Fund Management (HK).
“We are pleased to welcome ETF Securities and E Fund to our growing list of clients who choose to license MSCI indices for their products in Europe, reinforcing MSCI’s position as the benchmark of choice for the ETF market,” says Deborah Yang, managing director and head of the MSCI index business in EMEA and India. “A significant hurdle for international investors is starting to come down as the opening of the China domestic equity market accelerates, and the MSCI China A Index provides investors with an effective way to capture the diverse and dynamic opportunities of the A share market.”
