Following the recent launch of seven new synthetic Exchange Traded Funds (ETFs) under the brand name XIE Shares, Enhanced Investment Products Limited (EIP), a Hong Kong based asset management firm, confirms positive trading results of these ETFs following their listing on the Hong Kong Stock Exchange (SEHK) in February 2012.
The funds, managed by Paul So, Head of Beta Products at EIP, says: “XIE Shares ETFs are becoming important investment tools for Hong Kong investors. XIE Shares Thailand, Taiwan, Korea, India and Indonesia have made the top 20 ETFs listed on The Hong Kong Stock Exchange by daily turnover on multiple occasions during the first month of trading1. XIE Shares was also one of the top 10 Exchange Traded Products issuers by cash inflows in the Asia-Pacific2 for the month of February so we are really pleased. The great advantage of these ETFs is that they can be used in both long and short trades, which makes XIE Shares a great trading instrument.”