CEINEX Introduces Bank of China International (BOCI) Commerzbank – Shanghai Stock Exchange 50 A Share Index UCITS ETF on Xetra

ETF expands CEINEX product range, covers SSE’s 50 largest listed A share companies

09/12/2016

Frankfurt a.M. / Germany, December 9, 2016 – CEINEX, China Europe International Exchange, is expanding its portfolio of ETFs with the introduction of a new share class denominated in Euro of the Bank of China International (BOCI) Commerzbank –Shanghai Stock Exchange 50 A Share Index UCITS ETF, to trading on Xetra.

This ETF reflects the performance of the Shanghai Stock Exchange 50 A Share Index (the “SSE 50”) and is passively managed. The goal is to provide a return for  investors that corresponds to the index through “representative sampling strategy” which directly invests in a sample of constituent A Shares via the Shanghai-Hong Kong Stock Connect ("SHKSC") according to capitalization, industry and fundamental investment characteristics. The base currency of the subfund is Renminbi (RMB) and the currency of the share class is Euro (EUR).

 

ETF Name: Bank of China International (BOCI) Commerzbank –

Shanghai Stock Exchange 50 A Share Index UCITS ETF

Asset Class: Equity Index ETF

ISIN: LU1377632572

All-In Fee (incl. index licensing fee): 0.84 percent per year

Distribution Policy: distributing                                                             

Currency: EUR

Reference Index: SSE 50 A Share Index

The SSE 50 index, managed by the China Securities Index Co Ltd., contains the largest 50 A Shares listed on Shanghai Stock Exchange with high liquidity and representativeness. The calculation currency of the SSE 50 is RMB and  the constituents of the index are reviewed every 6 months and will be adjusted according to this periodical review.

 

About China Europe International Exchange AG

Based in Frankfurt am Main, Germany, CEINEX is a joint venture established by Shanghai Stock Exchange, Deutsche Börse Group and China Financial Futures Exchange. As the first platform for China- and RMB-related products in the offshore market, it acts as a unique bridge between the Chinese and international financial markets. CEINEX is dedicated to provide reliable offshore RMB capital market products to investors, so as to promote RMB internationalization.