Tuesday, July 27, 2010

UOB SSE50 China ETF

A complicated structure:

Basically, investors only own a "P-note" and not the underlying stocks in the SSE index.

This is not something I would personally want to put my $ into.

More info could be found here:
http://www.uobam.com.sg/uobam/html/china_etf.html

Prospectus:
http://www.uobam.com.sg/uobam/assets/pdfs/prospectus/sse50_etf.pdf

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