Yuan ETFs win investors' favour with transparency, simplicity and low cost

Yuan-denominated exchange-traded funds (ETFs), which were launched in July, have caught investors' attention since regulatory changes opened the way for cross-border investment, say fund managers.

"Yuan ETFs are transparent, simple and have a low transaction cost," said Eugene Lee, managing director of EFund Management, which sold out a 2 billion yuan (HK$2.45 billion) ETF it launched in August that tracks the performance of the CSI 100 Index.

via Business feed http://www.scmp.com/business/china-business/article/1056159/yuan-etfs-win-investors-favour-transparency-simplicity-and