Van Eck launches China A-shares ETF

The Market Vectors China ETF, listed on NYSE Arca, invests in stocks traded on China's two main exchanges in Shanghai and Shenzhen. The fund replicates the CSI 300 index, which captures around 64% of the total market capitalisation of the two exchanges. The new Van Eck fund tracks the index by using a swap with a counterparty to return the performance. As of 30 September, the index comprises 38% small and mid-cap stocks and 62% large-cap stocks. Due to foreign investor restrictions, China's local A-shares market has historically been restricted to domestic investors and Qualified F...