Description
CSOP ETF Series - CSOP S&P New China Sectors ETF is an exchange traded fund launched and managed by CSOP Asset Management Limited. The fund is co-managed by China Southern Asset Management Co., Ltd. It invests in the public equity markets of China and Hong Kong. The fund seeks to invest in the stocks of companies operating in the consumption and service oriented sectors, which include consumer discretionary, consumer staples, health care, telecommunication services, commercial and professional services, insurance, software and services, independent power and renewable electricity producers, air freight and logistics, airlines, railroads, airport services, highways and railtracks, and communication equipment companies. It invests in the growth stocks of companies across all market capitalizations, with market capitalization of at least US$2.5 billion. The fund seeks to replicate the performance of the S&P New China Sectors Index, by investing in the stocks of companies as per their weightings in the index. CSOP ETF Series - CSOP S&P New China Sectors ETF was formed on December 8, 2016 and is domiciled in Hong Kong.
