New Source ETF enables access to A-shares of the 50 largest Chinese companies
Since Friday, investors have for the first time been able to participate directly in the performance of the FTSE China A50 Index with the CSOP Source FTSE China A50 UCITS ETF. The index comprises the 50 largest Chinese companies in terms of market capitalisation that are listed with A-shares on the stock exchanges in Shanghai and Shenzhen. Source launched the ETF together with CSOP Asset Management (Hong Kong). The cooperation with CSOP enables the index to be physically replicated using the Renminbi Qualified Foreign Institutional Investor (RQFII) quota regulation.
The CSOP Source FTSE China A50 UCITS ETF is denominated in renminbi and is available to investors in the trading currency EUR for the first time on Xetra.
ETF name: CSOP Source FTSE China A50 UCITS ETF Asset class: equity index ETF
Total expense ratio: 0.99 percent
Distribution policy: non-distributing
Benchmark: FTSE China A50 Index
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