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CICC unveils fixed income ETF in Hong Kong

By Francis Nikolai Acosta, 24 Dec 18

This is the firm’s third exchange-traded fund product to be listed in the country

CICC Hong Kong Asset Management has rolled out the Bloomberg Barclays China Treasury 1-10 Years ETF in Hong Kong.

CICC HK AM is the wholly-owned subsidiary of Beijing-based China International Capital Corporation.

This is the firm’s third exchange-traded fund (ETF) product to be listed in Hong Kong.

Earlier this month, it launched the CSI Select 100 ETF, which targets China A-shares companies with “high and stable ROEs, high dividend yields and high earnings growth rates”.

Earlier this year, the firm launched, first ETF, the CICC Krane Shares CSI China Internet Index ETF, was launched.

The firm also manages an actively-managed fund, the CICC RMB Fixed Income Fund, which primarily invests in renminbi-denominated onshore Chinese bonds.

For more insight on asset and wealth management in Asia, please click on www.fundselectorasia.com

Tags: ETF | Hong Kong

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