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HSBC adds Russian ETF to London-listed offering

7 Sep 11

HSBC has launched its latest emerging market ETF, tracking the MSCI Russia Capped index.

HSBC has launched its latest emerging market ETF, tracking the MSCI Russia Capped index.

The HSBC MSCI Russia Capped ETF has a total expense ratio of 0.6% and aims to replicate the performance of the MSCI Russia Capped Total Return Net Index. It is listed on the London Stock Exchange in both sterling and dollars, with further registrations in the pipeline, and will start trading on 6 July.

Head of ETFs at HSBC, Farley Thomas, explained this launch is a continuation of the firm’s strategy to offer a range of physical ETFs that track developed and emerging markets.
 

Tags: HSBC

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.