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New FTSE China 50 indexes licensed for Italian listed ETFs

 


– FTSE Russell developed short and leveraged FTSE China 50 indexes
– First FTSE China 50 Short & Leveraged ETFs in Europe

FTSE Russell, the global index provider, has announced that it has licensed two new short and leveraged FTSE China 50 indexes to ETF Securities. The ETFS 3x Daily Short FTSE China 50 and the ETFS 3x Daily Long FTSE China 50 listed on Borsa Italiana on 3 November, and are the first in Europe to track the new FTSE China 50 indexes.

The FTSE China 50 is comprised of the 50 largest and most liquid Chinese stocks listed and trading in Hong Kong, and is used by investors around the world to gain exposure to the wider Chinese market. With a strong track record of developing China-focused benchmarks, FTSE Russell offers a range of products for global and domestic participants. Currently Assets Under Management (AUM) linked to FTSE Russell China indexes stands at USD$23 billion, as at 27 October 2015.

FTSE Russell offers short and leveraged indexes on a selection of global, regional and domestic benchmarks. The indexes are calculated assuming a defined leverage multiple, either long or short, which is then applied to the underlying reference index. The leverage is reset daily.

Sudir Raju, Managing Director ETP Relationships, EMEA, FTSE Russell:
“FTSE Russell has a strong track record of constructing China focused indexes, and we are pleased that ETF Securities has chosen to license the newly developed FTSE China 50 Short and Leveraged for its Italian listed products. Market participants around the world continue to select FTSE Russell benchmarks for ETFs due to their innovative design, transparent methodology and strong governance.”

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For further information:
Global Media
Harry Stein, +44 (0)20 7797 1222
Mark Benhard, +1 212 314 1199
newsroom@lseg.com

Regional Contacts
Hong Kong: Fennie Wong, +852 2164 3267
Sydney: Laura McCrackle, +61 2 8823 3526

Notes to editors:

About FTSE Russell:

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 80 countries, covering 98% of the investable market globally.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Leading asset owners, asset managers, ETF providers and investment banks use FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by London Stock Exchange Group.

For more information, visit www.ftserussell.com

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