Two ComStage equity index ETFs launched on Xetra
Two new equity index funds issued by ComStage ETF have begun trading on Xetra, providing investors with exposure to the performance of the FTSE China A50 Index and the MSCI World with EM Exposure Net Index.
The ComStage ETF FTSE China A50 UCITS ETF enables investors to invest in A-class equities in the 50 largest Chinese companies via an exchange-listed ETF. A-class equities are shares in Chinese companies that are traded in Chinese currency (renminbi) in Shanghai and Shenzhen. These equities used to be reserved exclusively for domestic investors, but since 2006 this restriction has been relaxed and trading contingents put in place to allow foreign investors to trade in these securities. The reference index is a price index weighted by free float market capitalisation which does not account for dividend payments.
The new ComStage MSCI World with EM Exposure ETF enables investors to participate in the performance of the 300 different companies in the MSCI World Index which show the greatest economic commitment in emerging market countries. The individual companies are weighted by the share of their total revenue generated in emerging markets.
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