iShares MSCI China UCITS ETF | ICHN
New ETF on the look out. It exposes the investor to approximately 85% if the Chinese stock market and it includes big names like Tencent and Alibaba which has primary listings on the HKEX and NYSE respectively.
However, the issue with this etf is that it has a very small trading volume which can range from 300+ to 10,000+. In US$ value, it is only about $1,500 to $53,000 for a price of around $5.3141. In addition, it is not listed on LSE but on Euronext which has a higher commission for trading. The small fund size of $37mil might also explain the relatively high total expense ratio of 0.40%.
Hence, I will continue monitoring for lower expense ratio and higher volume before plunging into this ETF. In the meantime, I will continue gaining exposure by buying EIMI.
Disclaimer: This is not an investment advice. It is all just my opinion. I will not be responsible for any decision that is made by any individual. Invest at your own risk.
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