Deutsche offers China ETF for European investors

Deutsche Bank has listed an ETF providing exposure to China on the Singapore exchange SGX, offering European investors access to A-shares through a Ucits compliant vehicle.

The bank will also unveil an ETF tracking the MSCI Indonesia index on SGX next week and claims the China and Indonesia funds are the first db x-trackers listed on the Singapore exchange for investors in Europe.

The China ETF tracks the CSI 300, an index measuring the performance of A-shares traded on the Shanghai or Shenzhen stock exchanges. The index comprises 300 stocks with the largest market capitalisation and liquidity, and is quoted in renminbi.

Deutsche Bank head of db x-trackers Asia Marco Montanari says the CSI 300 ETF has all in fees of 0.50% which is the lowest among China A-shares ETFs on offer.

The Indonesia fund will have an all fee of 0.65% per year.

The bank says its latest offering makes it the largest ETF provider in Singapore in product number, with 22 db x-trackers ETFs listed on SGX.