HSBC unveils Latin America ETFs

The HSBC MSCI EM Latin America and MSCI Mexico Capped ETFs are both listed in sterling and US dollars at a total expense ratio of 0.60%. Both funds will physically replicate their respective indices, as with all ETFs on HSBC's platform, although the Latin America ETF may use an ‘optimisation' technique and limit its exposure to certain underlying securities. As with many of HSBC's ETF launches to date, this latest move looks to capitalise on the firm's experience in international markets. HSBC head of ETFs Farley Thomas says HSBC already has $55bn in assets under management investe...