DB Plans Expansion of China A-Shares ETFs

ETF Trends

Capitalizing on the success of the recently launched db X-trackers Harvest CSI 300 China A-Shares Fund (ASHR) , Deutsche Bank has filed plans with the Securities and Exchange Commission to launch a suite of China A-shares sector and market cap exchange traded funds to provide investors with direct access to various Chinese equity plays.

Deutsche Bank is working on a small-cap and sector ETF plays that hold China A-shares.

According to a filing, the db X-trackers Harvest China A-Shares Small Cap Fund (NYSEArca:ASHS) will try to reflect the performance of the CSI 500 Index, which is comprised of 500 smallest and most liquid stocks in the China A-shares market.

According to a filing, db X-trackers Harvest China A-Shares Technology Sector Fund (NYSEArca:ASHK) will try to reflect the performance of the CSI 800 Technology Index, which includes 800 of the largest and most liquid tech stocks in the China A-Shares market.

According to a filing, db X-trackers Harvest China A-Shares Materials Sector Fund (NYSEArca:ASHB) will try to reflect the performance of the CSI 800 Materials Index, which tracks 800 of the largest and most liquid materials stocks n the China A-Shares market.

According to a filing, db X-trackers Harvest China A-Shares Industrial Sector Fund (NYSEArca:ASHI) will try to reflect the performance of the CSI 800 Industrial Index, which follows 800 largest and most liquid industrial stocks in the China A-shares market.

According to a filing, db X-trackers Harvest China A-Shares Health Care Sector Fund (NYSEArca:ASHV) will try to reflect the performance of the CSI 800 Health Care Index, which is comprised of 800 largest and most liquid health car companies in the China A-shares market.

According to a filing, db X-trackers Harvest China A-Shares Financial Sector Fund (NYSEArca:ASHF) will try to reflect the performance of the CSI 800 Financial Index, which includes 800 largest and most liquid financial stocks in the China A-shares market.

According to a filing, db X-trackers Harvest China A-Shares Consumer Staples Sector Fund (NYSEArca:ASHP) will try to reflect the performance of the CSI 800 Consumer Staples Index, which tracks 800 of the most liquid consumer staples stocks in the China A-shares market.

Lastly, according to a filing, db X-trackers Harvest China A-Shares Consumer Discretionary Sector Fund (NYSEArca:ASHY) will try to reflect the performance of the CSI 800 Consumer Discretionary Index, which follows 800 of the most liquid consumer discretionary stocks in the China A-shares market.

Deutsche’s partnership with Harvest Fund Management, China’s second-largest asset manager, is a key element in the bank’s ability to offer A-shares ETFs that holds actual equities. [DB’s China A-Shares ETF Officially Debuts]

Harvest is a Renminbi Qualified Foreign Institutional Investor (RQFII), which means it meets Chinese regulatory requirements to be a foreign owner of A-shares. China’s A-shares trade in Shanghai and Shenzhen. [Exposure to Restricted A-Shares With ETFs]

In contrast, other China-related ETFs hold Chinese securities listed on Hong Kong or New York stock exchanges.

For more information on new fund products, visit our new ETFs category.

Max Chen contributed to this article.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

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