The ETF aims to achieve long-term capital growth by replicating the returns of the MSCI China All Shares IMI Future Mobility Top 50 Index.
Nikko Asset Management (Nikko AM), on Dec 15, launched the Nikko-AM StraitsTrading MSCI China Electric Vehicles and Mobility ETF, making this the first such ETF – or exchange-traded fund – in Singapore.
This is also the second ETF developed jointly between Nikko AM and the Straits Trading Company.
