Bosera Asset Management launches an actively managed fixed income ETF in Hong Kong that provides exposure to money market instruments denominated in Hong Kong dollars. The Bosera HKD Money Market ETF invests in short-term deposits and high-quality money market instruments issued by governments, quasi-governments, international organizations, financial institutions, and corporations. The ETF comes with a management fee of 0.15% and has estimated ongoing charges over a year of 0.40%.
ETF Newz Says:
The fund complements the actively managed Bosera RMB Money Market ETF that focuses on money market instruments denominated in the Chinese renminbi.