Wed, 09/10/2013 - 06:02
FTSE Group has granted a licence to Commerzbank to launch an exchange-traded fund based on its FTSE China A 50 Index – The ComStage FTSE China A50 UCITS ETF – which has listed on Deutsche Boerse.
The new fund is the first synthetic ETF tracking the index to be launched in Europe.
The FTSE China A 50 Index is a real-time, tradable index comprising the largest 50 A Share companies by full market capitalisation. The index includes stocks listed on the Shanghai and Shenzhen Stock Exchanges.
In common with all FTSE indices, this index is managed according to a publicly available set of rules and overseen by an independent committee of seasoned market practitioners.
Sudir Raju, managing director ETP relationships, FTSE Group, says: “We are delighted that Commerzbank has again chosen to create ETFs based on FTSE indices. FTSE has a long and established presence in China with some of the world’s largest ETFs tracking FTSE benchmarks. The FTSE China A 50 index tracks the performance of the largest 50 A share companies and reflects the growing demand from investors for access to this fast and developing economy.”
Thomas Meyer zu Drewer, managing director of Commerzbank’s ETF brand ComStage, says: “We are pleased to announce the launch of our new ComStage FTSE China A50 UCITS ETF, which is linked to the FTSE China A 50 index. We have seen increasing interest from investors and our new ETF will provide European investors with easy access to the Chinese market, by tracking the performance of FTSE’s highly transparent and representative benchmark index.”
Mon 08/12/2014 - 09:51
Wed 12/11/2014 - 16:01
Fri 07/11/2014 - 16:01
Thu 11/12/2014 - 14:45
Wed 10/12/2014 - 17:00
Wed 10/12/2014 - 13:00
Wed, 04/May/2016 - 10:26
Wed, 04/May/2016 - 10:18
Wed, 04/May/2016 - 09:18
Tue, 03/May/2016 - 16:56
Tue, 03/May/2016 - 16:55