China Post Global, the international business of Chinese asset manager China Post & Capital Fund Management, has listed its first ETF in London since it bought the Market Access range from Royal Bank of Scotland in 2016.
The Market Access Japan Quality 150 Index Ucits ETF targets quality Japanese stocks and aims to replicate the performance of the iStoxx MUTB Japan Quality 150 Index.
The index comprises companies with high returns on equity, a strong financial health and positive cash flows. In 2017 the index rose 25.7%, compared to the broad-based Topix index which was up 21.8%.
Danny Dolan, managing director at China Post Global, said the ETF had been launched after strong demand from UK-based investors seeking a differentiated approach to Japan, though the fund is available in Austria, Germany, Italy, Netherlands, Luxembourg and Switzerland, as well as the UK.
“A lot of interest has been generated since last year, which was excellent for investments in Japan, ending with the Topix index at a 26-year high, but we do suggest investors look closely at the Japanese market, as taking a more selective approach can pay off.”
Last year, the firm listed a Japan-focused ETF under the Market Access brand in Germany and Switzerland.
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