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UOB China ETF Changes
It looks like UOBAM decided to change the index of their China ETF after all. Instead of tracking the FTSE/Xinhua A50 index, they will now be tracking the SSE 50 index, which represents the 50 largest stocks of good liquidity listed on the Shanghai Stock Exchange (SSE). The ETF will also be renamed to United […]
United China ETF Delayed
UOB Asset Management Ltd (UOBAM) announced the other day that the launch of their United FTSE/Xinhua China A50 ETF has been delayed due to technical issues with the tracking of the index. Just to recall, the swap-based United FTSE/Xinhua China A50 ETF tries to replicate the performance of China A50 Index by buying participating notes […]
UOB United Cash Fund Launch Postponed
The United Managed Cash Fund was supposed to be a new money market fund launched by UOB Asset Management Ltd (“UOBAM”). As it invests in high quality short-term bank deposits, it provides a channel for you to get better returns from your savings without the need to lock your money in. With economies of scale, […]