HSBC launches ETF to physically replicate Russian equities

HSBC launches the HSBC MSCI Russia Capped ETF, the first European ETF to physically track a Russian equity index.

The HSBC MSCI Russia Capped ETF carries a highly competitive Total Expense Ratio (TER) of just 0.60%. It aims to replicate as closely as possible the performance of the MSCI Russia Capped Total Return Net Index.

Farley Thomas, Head of ETFs at HSBC, said: "The launch of the HSBC MSCI Russia Capped ETF is consistent with our objective of offering investors a good range of physical ETFs tracking both emerging and developed markets. By putting together a physical Russian equity ETF, we are responding to investors' concerns with respect to complex ETFs and demonstrating our commitment to delivering products that are as transparent and simple as possible."

HSBC Global Asset Management is a leader in emerging markets, with $145billion invested in this asset class.*

The HSBC MSCI Russia Capped ETF is listed on the London Stock Exchange in sterling and US dollar trading currencies (Bloomberg ticker: HRUB LN for sterling / HRUD LN for US dollar). Further registrations and cross-listings in Europe are planned.

As with all investments, the value and any income from ETFs can go down as well as up, and investors may not get back the amount invested.

HSBC Global Banking and Markets is the Authorised Participant for all HSBC ETFs.

Copies of the Supplement relating to each ETF will be available for inspection at the National Storage Mechanism (Hemscott.com/nsm.do) and will also be available on the Company's website at etfs.hsbc.com, where the Simplified Prospectus will also be available.