This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.

HSBC launches first Eurozone equity ETF

  • Print
  • Comment
Chris Salih

HSBC is to launch its first Eurozone equity ETF on October 6.

The fund, which is listed on the London Stock Exchange, is designed to replicate the performance of the Dow Jones Euro Stoxx 50 index, which covers the 50 largest companies in the Eurozone.

The fund, which is domiciled in Ireland, has a total expense ratio of up to 0.15 per cent.

The launch is HSBC’s second since joining the ETF space in August, when the group launched a FTSE 100 ETF.

HSBC global markets co-head of global equities Christophe Chazot says: “HSBC is intent on being among the leading ETF providers within three years by joining up our asset management, sales, trading and securities services capabilities. In addition to building our ETF business in Europe, we plan to expand internationally, starting with Asia. We see ETFs having an important role within the broad continuum of market access products that HSBC can bring to investors.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick


Do you see the value in adviser trade bodies?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments