HSBC ETFs is to launch the HSBC MSCI EM FAR EAST ETF on 28 September 2010……
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Listed on the London Stock Exchange, and domiciled in Ireland, the new ETF is designed to replicate the performance of the MSCI EM Far East Index (total return). The Index is a market-capitalisation weighted index designed to measure the performance of the largest companies in China (as accessible through the Hong Kong market), Indonesia, Korea, Malaysia, Philippines, Taiwan and Thailand, as defined by the Index Provider. The total expense ratio (TER) of the fund is up to 0.60%.
The admission of the HSBC MSCI EM FAR EAST ETF to the Official List and to trading on the London Stock Exchange’s main market for listed securities will become effective, and dealings will commence today 28 September 2010.
Source: ETFWorld – HSBC ETF
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