Bringing you live news and features since 2006 

Xtrackers changes name and underlying index of China A-Shares ETF

RELATED TOPICS​

The Xtrackers CSI 300 China A-Shares Hedged Equity ETF (ASHX) is changing its name to Xtrackers MSCI China A Inclusion Equity ETF and switching its underlying index to the MSCI China A Inclusion Index. 

The new index is designed to track the progressive partial inclusion of A shares in the MSCI Emerging Markets Index over time.

Effective immediately, the gross and net expense ratio for ASHX has been permanently reduced to 0.60 per cent from 1.35 per cent gross and 0.70 per cent net expense ratios, making the fund the most cost-effective pure China A-shares exposure ETF in the US ETF market.

In addition, the net expense ratio for Xtrackers MSCI All China Equity ETF (NYSE Arca: CN) was reduced to 0.50 per cent from 0.62 per cent effective 1 June , 2018.

“China is the world’s second largest economy and its equity market has become increasingly accessible for international investors,” says Fiona Bassett, Global Co-Head of Passive Asset Management. “We are always looking for ways to provide clients access to new markets. DWS was the first to offer ETF clients an investment opportunity to onshore China through our Xtrackers Harvest CSI 300 China A-Shares ETF. Now, with the changed underlying index for ASHX, investors will be able to fine-tune their exposure to Chinese capital markets as MSCI works to introduce more A shares into their Global Standard Indices.”

With the changed investment objective, ASHX seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI China A Inclusion Index. The index tracks Chinese A shares that can be accessed through the Stock Connect program.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
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