China Merchants Fund to launch Bric Index QDII fund

Dec 16, 2010

The company will issue the product in January to gain broader emerging-market exposure via ADRs and GDRs listed in the US and UK, and Chinese stocks in Hong Kong.

China Merchants Fund (CMF) is planning to launch a product for qualified domestic institutional investors (QDII) next month to invest in stocks on the S&P Bric 40 Index.

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