From 5 June 2026, the Xtrackers Harvest MSCI China Tech 100 UCITS ETF (ISIN LU2376679564) will be tradable on the London Stock Exchange. The fund, managed by DWS, was launched in December 2021 and is already listed on other European stock exchanges; the new listing extends the offering to investors trading on the London market.
Article created by the editorial staff of ETFWorld.co.uk
Simon Klein, Global Head of Xtrackers Sales at DWS
It is a passively managed fund that tracks the MSCI China All Shares Tech Select Screened 100 Index. The index, calculated daily in US dollars on a net total return (NTR) basis, selects up to 100 large- and mid-cap Chinese companies from the MSCI China All Shares Index universe.
Inclusion in the index is subject to meeting two criteria. The first concerns revenue exposure: companies must exceed a threshold (Relevance Score) linked to the development of new products and services resulting from technological innovations in areas such as the internet and digitalisation, mobility, autonomous driving, industrial automation and digital healthcare. The second criterion requires compliance with specific environmental, social and governance (ESG) requirements, as described in the prospectus; companies that do not meet these requirements are excluded.
The resulting securities are ranked by market capitalisation. The top 100 issuers (or all of them, if the number is lower) make up the index. The weighting is calculated as the product of the Relevance Score and the free-float-adjusted market capitalisation, with a cap of 4.5% on the weight of each issuer. The index is reviewed and rebalanced every six months.
To track the index, the fund purchases the constituent securities – in full or to a substantial extent – using the manager’s RQFII (Renminbi Qualified Foreign Institutional Investor) licence or the Stock Connect channels. The sub-fund may also employ techniques and instruments for risk management, cost reduction and performance enhancement.
The ETF is denominated in US dollars and automatically reinvests income (class 1C, accumulation). On the London Stock Exchange, units are traded under two ticker symbols: one in dollars (ticker XMCT) and one in pounds sterling (ticker XMCG). Redemption of units may be requested on a daily basis.
The total annual expense ratio (TER) is 0.44%. The issuer indicates an expected tracking error of around 2% under normal market conditions, whilst noting that transaction costs, taxes, unforeseen expenses and volatility or liquidity conditions may affect the fund’s ability to track the index.
| Product Name | Xtrackers Harvest MSCI China Tech 100 UCITS ETF |
| ISIN | LU2376679564 |
| SEDOL | BXCGHJ4 |
| Currency | GBP |
| Management Fee | 0.44% |
Source: ETFWorld.co.uk
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