WisdomTree reduces fee on China equity ETF

As the fee war continues into 2020, WisdomTree has reduced the total expense ratio (TER) for its Chinese equity ETF from 75bps to 55bps.

The ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN:LN) has seen its fee lowered by 20bps for its various listings and trading currencies.

CHIN offers exposure to Chinese equity including A-Shares and offshore listings. It is the only European ETF that tracks the S&P China 500 index.

The timing of WisdomTree’s fee cut is in tandem with trade tension between China and the US beginning to ease.

China ETFs: Everything you wanted to know but were too afraid to ask

Chris Gannatti (pictured), head of research, Europe, at WisdomTree, said: “CHIN provides access to all Chinese equity share classes, including A-Shares and offshore shares.

“As the US-China trade tensions have eased a bit, if economic data continues to stabilise and expectations of policy remain broadly accommodative, China could be a compelling investment opportunity.”

The fee reduction includes:

Share Class Name Exchange Trading Currency Exchange Code TER
ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD London Stock Exchange USD CHIN 0.55%
ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD London Stock Exchange CNY CHIC 0.55%
ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD London Stock Exchange GBP CHIP 0.55%
ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD Börse Xetra EUR ICW5 0.55%
ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD Borsa Italiana EUR CHIN 0.55%

 

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