As the fee war continues into 2020, WisdomTree has reduced the total expense ratio (TER) for its Chinese equity ETF from 75bps to 55bps.
The ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN:LN) has seen its fee lowered by 20bps for its various listings and trading currencies.
CHIN offers exposure to Chinese equity including A-Shares and offshore listings. It is the only European ETF that tracks the S&P China 500 index.
The timing of WisdomTree’s fee cut is in tandem with trade tension between China and the US beginning to ease.
China ETFs: Everything you wanted to know but were too afraid to ask
Chris Gannatti (pictured), head of research, Europe, at WisdomTree, said: “CHIN provides access to all Chinese equity share classes, including A-Shares and offshore shares.
“As the US-China trade tensions have eased a bit, if economic data continues to stabilise and expectations of policy remain broadly accommodative, China could be a compelling investment opportunity.”
The fee reduction includes:
Share Class Name
Exchange
Trading Currency
Exchange Code
TER
ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD
London Stock Exchange
USD
CHIN
0.55%
ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD
London Stock Exchange
CNY
CHIC
0.55%
ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD
London Stock Exchange
GBP
CHIP
0.55%
ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD
Börse Xetra
EUR
ICW5
0.55%
ICBCCS WisdomTree S&P China 500 UCITS ETF Class B USD
Borsa Italiana
EUR
CHIN
0.55%
