OCBC issues 'buy' call on iSHares FTSE A50 China Index ETF
THE iShares FTSE A50 China ETF is the easiest and most liquid way for foreign investors to establish a diversified A50 position and benefit from the Shanghai-Hong Kong Stock Connect (SH-HK Connect) catalyst expected in late October, said OCBC Investment Research in a report issued on Wednesday.
The report highlights three main factors:
iShares FTSE A50 China Index ETF is an exchange-traded fund established in Hong Kong. The fund's objective is to track the performance of the FTSE A50 China Index, an index comprising the 50 largest A-share companies. The fund invests primarily in China A-share Access Products (CAAPs), but may also invest directly in A-shares via the Manager's Qualified Foreign Institutional Investor (QFII) Investment quota.
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