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LONDON - HSBC ETFs plc announced the admission of new share classes for its HSBC Plus EM EQ Quant Active ETF to the London Stock Exchange (LON:LSEG), effective Friday.
The new listings include four share classes: USD accumulation, USD distribution, and their GBP-traded counterparts. All share classes began trading on the London Stock Exchange’s main market on August 22.
The actively managed ETF aims to achieve long-term capital growth by investing primarily in equities of companies incorporated in emerging markets or those that generate most of their revenue from emerging markets.
The fund operates as an actively managed UCITS ETF, distinguishing it from passive index-tracking products in the emerging markets space.
HSBC ETFs plc submitted the Sub-Fund’s supplement to the National Storage Mechanism, making documentation available for inspection through the Financial Conduct Authority’s national storage mechanism and on the company’s website.
The announcement comes as part of HSBC’s ongoing expansion of its ETF offerings, providing investors with additional options for emerging markets exposure through both accumulating and distributing share classes.
This information was provided in a press release statement from HSBC ETFs plc.
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