ETF Securities, the ETF issuer known in the U.S known primarily for its lineup of commodities products, today launched the ETFS-EFund MSCI China A GO UCITS ETF on the London Stock Exchange, marking the third A-shares ETF to list in London.
ETF Securities, the issuer behind well-known U.S-listed products such as the ETFS Physical Silver Shares (NYSEArca: SIVR) and the ETFS Physical Palladium Shares (NYSEArca: PALL), is partnering with E Fund on the ETFS-E Fund MSCI China A GO UCITS ETF.
The London-listed ETF tracks the MSCI China A Index. That is the same underlying index that serves as the benchmark for the KraneShares Bosera MSCI China A ETF (NYSEArca: KBA). KBA debuted in March, becoming the third U.S.-listed ETF to offer direct access to China’s A-shares markets. [A New ETF Entry to Mainland China]
The largest U.S.-listed A-shares ETF is the db X-trackers Harvest CSI 300 China A-Shares Fund (NYSEArca: ASHR), which debuted in November. In January, Deutsche Asset & Wealth Management launched a London-listed equivalent of ASHR.
The ETFS-E FUND MSCI CHINA A GO UCITS ETF is denominated in renminbi and trades in London in British pounds and U.S. dollars, according to statement issued by ETF Securities. E Fund is China’s second-largest holder of Renminbi Qualified Foreign Institutional Investor quotas. The new EFT will also trade on Deutsche Boerse and NYSEEuronext Amsterdam.