UBS AM eyes up robotics and automation firms with new China technology ETF launch

Tracks 100 largest Chinese tech firms

UBS Asset Management has launched a currency-hedged UCITS ETF offering investors access to the burgeoning Chinese technology sector.

The UBS ETF (LU) Solactive China Technology UCITS ETF aims to invest in the 100 largest "technology-driven" companies headquartered in mainland China, including firms which "derive the majority of their revenues" from technology-related businesses, along with traditional technology firms. Mark Mobius: Why 'the US may regret' hostility towards Chinese tech As well as traditional and health technology firms, the ETF will provide exposure to genomics, robotics and automation, cybersecurity, digital entertainment, cloud computing, future cars, blockchain and social media. Onshore and o...