The FSA Spy market buzz – 19 April 2024
Doom and gloom on China, Peaks and troughs from First Sentier, Ninety-One looks at failure, Lombard Odier’s good news, Corporate jargon hell, Visit cheap Japan and much more.
HEAD-TO-HEAD: Seven China equity ETFs compared
FSA compares no fewer than seven China equity ETFs available to Hong Kong investors tracking the same index, the CSI 300.
ETFs have been gathering assets worldwide at the expensive of actively-managed funds. Asia has been slower to embrace ETFs, with about $979bn compared to global ETF assets of $5.2trn, according to ETFGI.
However, with global momentum and the promise of “ETF Connect” on the horizon, the passive products are gaining some regional momentum.
This week’s head-to-head is a little different. FSA compares seven ETFs that all track the same mainland index – the CSI 300.
Because they are passive products, differences among the products should not be great. However, FSA has found that there are clear winners and losers among index trackers following the same benchmark index and based on tracking error, fees and three-year performance.
FSA compares the following ETFs tracking the CSI 300 index:
- BOC HK Wise CSI 300 China Tracker ETF (HKD)
- C Shres CSI 300 Index ETF (RMB)
- ChinaAMC CSI 300 Index ETF (RMB)
- DB X-Trackers CSI 300 Ucits ETF (USD)
- Haitong CSI 300 Index ETF (HKD)
- iShares Core CSI 300 Index ETF (HKD)
- Mirae Asset Horizons CSI 300 ETF (RMB)
Related Stories
Promoted Content
-
M&G Episode Macro shines after tough year
-
How ETFs offer an active way to drive sustainable returns
-
Your Questions Answered by Federated Hermes Impact Opportunities
-
Federated Hermes SDG Engagement Equity: 2021 H1 Report
-
Nuveen broadens income sources via private capital and real assets
-
Riding the wave of alternative income amongst HNWIs in APAC
-
China’s post-pandemic growth gathers pace
-
Driving decarbonisation: how to access new forms of alpha
-
Healthcare’s innovation shifts into high gear
-
Unmasking the dividend opportunity
