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February 24, 2014updated 04 Apr 2017 2:29pm

ETF Securities and E Fund license the MSCI China A index for new UCITS ETF

MSCI has announced that ETF Securities Limited and E Fund Management (HK) Co., have licensed the MSCI China A Index as the basis for a proposed exchange traded fund (ETF).

By Verdict Staff

MSCI has announced that ETF Securities Limited and E Fund Management (HK) Co., have licensed the MSCI China A Index as the basis for a proposed exchange traded fund (ETF).

Matt Johnson, head of Distribution EMEA, ETF Securities, said: "We are delighted to be able to license the MSCI China A Index. We expect our product to be the first UCITS ETF listed in London tracking the MSCI China A Index which provides better diversification and sectorial coverage than other indices we have reviewed. As MSCI continues to evaluate the inclusion of Chinese A shares into its flagship Emerging Markets Index, we believe that working with them on this initiative will appeal to investors currently utilising this index as a benchmark."

Ko Tseng, managing director, E Fund Management (HK) Co., said: "The attractive China A shares market is gaining much ground with global investors. E Fund is pleased to be working on a new product for Europe with ETF Securities that, once launched, will give a clear measure and representation of this segment."

Deborah Yang, managing director and head of the MSCI Index Business in EMEA and India, said: "We are pleased to welcome ETF Securities and E Fund to our growing list of clients who choose to license MSCI indices for their products in Europe, reinforcing MSCI’s position as the benchmark of choice for the ETF market. A significant hurdle for international investors is starting to come down as the opening of the China domestic equity market accelerates, and the MSCI China A Index provides investors with an effective way to capture the diverse and dynamic opportunities of the A share market."

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