HSBC unveils inaugural Eurozone equity ETF

The HSBC DJ Euro Stoxx 50 ETF replicates the performance of the Dow Jones Euro Stoxx 50 total return index, comprising the 50 largest companies in the Eurozone region. The fund, which is domiciled in Ireland, has a total expense ratio of 0.15%. The index covers 12 Eurozone countries, including Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxemburg, the Netherlands, Portugal and Spain. The benchmark is weighted by float-adjusted market capitalization and each component's weight is limited to 10% of the index's total market cap. HSBC Global Asset Management global...