Published On: Fri, May 23rd, 2014

First ETF On FTSE China A50 Index Launched on Xetra

Andreas Preuss, Deputy CEO Deutsche Börse

Andreas Preuss, Deputy CEO Deutsche Börse

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
ISIN: DE000A1XES83
Total expense ratio: 0.99 percent
Distribution policy: non-distributing
Benchmark: FTSE China A50 Index

Deutsche Börse’s XTF segment product range currently comprises a total of 1,024 exchange traded funds. This selection, together with an average monthly trading volume of around €10 billion, makes Xetra Europe’s leading trading venue for ETFs.

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