New products and changes introduced over the last week include a new China small-cap ETF from Deutsche Asset & Wealth Management, and Manning & Napier launched a new microsite for advisors.
Here are the latest developments of interest to advisors:
1) DeAWM Launches China Small-Cap ETF
Deutsche Asset & Wealth Management (DeAWM) has announced the launch of the db X-trackers Harvest CSI 500 China A-Shares Small Cap Fund (ASHS), which provides investors with direct access to small-cap China A-shares equities. DeAWM has partnered with subadvisor Harvest Global Investments Limited to launch this product, which has an expense ratio of 0.82%.
ASHS will seek to track the CSI 500 Index, which holds 500 small-cap companies listed on the Shanghai and Shenzhen stock exchanges. To be considered for inclusion in the index, securities must meet minimum liquidity requirements.