HSBC unveils Far East ETF

HSBC has bolstered its ETF range with the addition of a fund providing exposure to the Far East.

The HSBC MSCI EM Far East ETF, which has a total expense ratio of 0.6%, uses physical replication to track the underlying index by purchasing the constituent stocks. MSCI EM Far East replicates the equity market performance of the largest companies in China, based on the Hong Kong market, as well as Indonesia, Korea, Malaysia, Philippines, Taiwan and Thailand. The launch of this ETF follows the HSBC MSCI Brazil released in July and the HSBC MSCI Pacific ex Japan, unveiled at the start of September. HSBC has now launched 11 ETFs in Europe and plans to boost its range to provide a co...