As its name implies, AFTY will track the widely followed FTSE China A50 Index, which tracks the 50 largest stocks listed in Shanghai and Shenzhen. In addition to China, ETFs tracking the FTSE China A50 Index trade in Hong Kong, London and Tokyo.
China exchange traded funds benchmarked to indexes provided by U.K.-based FTSE Group topped a combined $24 billion in assets under management, said the index provider at the end of last year.
CSOP is the largest RQFII asset manager in the world and had $7.86 billion in assets under management as of Aug. 30, 2014.
FTSE China A50 Index
Charts Courtesy: CSOP, FTSE