UBS Asset Management has unveiled the UBS ETF MSCI Emerging Markets ex China UCITS ETF (EMXCN), a new ETF designed to track emerging market stocks while specifically excluding Chinese equities. This ETF, with a total expense ratio (TER) of 0.16%, follows the MSCI Emerging Markets ex China Total Return Net index, encompassing 666 large and mid-cap firms from 23 of the 24 emerging markets defined by MSCI, deliberately leaving out China. Notably, Taiwan, India, and South Korea are the most heavily weighted countries in the index, with significant exposure to the information technology and financial sectors. This ETF launch responds to investor demand for emerging market investments that mitigate concerns associated with China’s economy and property market.
UBS Asset Management Introduces ETF Excluding Chinese Stocks in Emerging Markets
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