Deutsche Asset & Wealth Management has launched its first US-listed ETF, db X-trackers Harvest CSI 500 China A-Shares Small Cap Fund providing investors with direct access to small cap China A-shares equities.
DeAWM has partnered with subadvisor Harvest Global Investments to launch this fund featuring an expense ratio of 0.82%.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Harvest Global Investments chief executive Choy Peng Wah said that the new product provides investors with another option to get exposure to China’s dynamic and fast-growing economy.
With this launch, DeAWM has expanded its suite of ETFs that offer direct access to Chinese securities.
Earlier in November 2013, DeAWM launched db X-trackers Harvest CSI 300 China A-Shares Fund the first US-listed ETF to provide investors direct equity exposure to the China A-shares market, before launching db X-trackers Harvest MSCI All China Equity Fund.
DeAWM Americas head Jerry Miller said: "Deutsche Asset & Wealth Management continues to break ground with its passive offerings, as evidenced by the latest ETF to provide access to a new and attractive segment of the Chinese equity market."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataASHS will track the CSI 500 Index that holds 500 small cap companies listed on the Shanghai and Shenzhen stock exchanges and securities are required to meet minimum liquidity levels to be considered for inclusion in the index.
DeAWM Passive business in the Americas head Fiona Bassett said: "ASHS builds off the success of ASHR and provides distinct yet complementary access to the China A-shares market. Together, ASHS and ASHR allow investors to access the large and small cap segments of a market in which foreign investment had historically been limited."
