A new iShares ETF from BlackRock's product offering has been tradable in Deutsche Börse’s XTF segment on Xetra since Tuesday.
Name: iShares MSCI China A UCITS ETF
Asset class: equity index ETF
ISIN: IE00BQT3WG13
Total expense ratio: 0.65 percent
Distribution policy: accumulating
Benchmark: MSCI China A International Index
The iShares MSCI China A UCITS ETF enables ETF investors to track the performance of Chinese A-shares. The MSCI China A International Index currently comprises 221 Chinese A-shares from the MSCI China All Shares Index. The constituent large and mid-cap stock companies are incorporated in the People’s Republic of China. Their shares are traded in Renminbi on the Shanghai and Shenzhen Stock Exchanges. BlackRock Asset Management Ireland Limited is qualified to use its allocation of RQFII quota to invest in China A shares.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,058 exchange traded funds. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue for ETFs.