VanEck Launches First ETF on China’s Semiconductor Industry
6 Articles
6 Articles
Manager VanEck has launched the ‘VanEck China Semiconductor UCITS ETF’, a listed fund (ETF) UCITS offering exposure to China’s semiconductor industry. The new product is born with a portfolio of 25 securities and expands VanEck’s offer of semiconductors, which includes the ‘VanEck Semiconductor UCITS [...] The entry VanEck launches an ETF UCITS focusing on Chinese semiconductor companies appears first in Forbes Spain.
The new VanEck China Semiconductor UCITS ETF will be traded on the SIX Swiss Exchange from now on. According to the asset manager, this is the first UCITS ETF in Europe that focuses exclusively on the Chinese semiconductor industry.
The strategy is listed in Frankfurt and London.
VanEck strengthens leadership in the themes, with a targeted strategy on Beijing semiconductors. Salvatore Catalano: "China is building an ecosystem of fully autonomous artificial intelligence society. To expose itself to the entire global supply chain it is necessary to go beyond the western borders"
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