The GF International FTSE China A UCITS ETF (PRCE) was the first ETF to be launched by a Europe-based Chinese asset manager.
PRCE was unveiled in January 2017, however, the ETF failed to capture any significant assets despite being the first ETF to track the FTSE China A index in Europe.
GF International is the subsidiary of GF Fund Management, a Chinese asset manager that has managed funds since 2003.
ETF Insight: Political issues overshadow MSCI’s A-Shares inclusion
The largest ETF in Europe that tracks the A-Shares market is the iShares MSCI China A UCITS ETF (CNYA) with $720m assets under management (AUM).
In February, UBS Asset Management became the latest issuer to offer investors exposure to the region through the UBS ETF MSCI China A SF UCITS ETF (CNUA).
