China Post Global lists the Market Access STOXX China A Min Var Index UCITS ETF EUR C on Swiss Stock Exchange….
The new ETF tracks the performance of the Stoxx® China A 900 Minimum Variance Unconstrained AM Index, an onshore-Renminbi denominated index which selects its constituents from the STOXX China A 900 Index, with the aim of reducing volatility.
First Trading Day: 13.01.2020
|Product Name||Market Access STOXX China A Min Var Index UCITS ETF EUR C|
|Issuer||China Post Global (UK) Limited|
|Bloomberg Ticker||M9SV SE|
|Underlying||Stoxx China A 900 Minimum Variance Unconstrained AM Index|
*The STOXX® China A 900 Minimum Variance Unconstrained AM Index consists of shares of Chinese companies which are traded on the two main stock exchanges of mainland China, the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
These shares are quoted and traded in renminbi (the oﬃcial currency of the People’s Republic of China) and are commonly referred to as Ashares.
Constituents are selected and weighted with the aim of reducing the Index’s risk, by reducing volatility i.e. the intensity and frequency of ﬂuctuations of the Index values. Companies are also screened by how heavily they are traded on exchange.
The Index currently consists of 119 constituents and the maximum weight per constituent is 8%.
The Index is calculated in renminbi.
* Market Access ETFs