Value Partners launches ETF

Value Partners Malaysia is the wholly-owned subsidiary of Hong Kong-based Value Partners Group Ltd, which was co-founded by Datuk Seri Cheah Cheng Hye, (pic) who is the co-chairman and co-chief investment officer.

PETALING JAYA: Value Partners Asset Management Malaysia Sdn Bhd has launched the VP-DJ Shariah China A-Shares 100 ETF, the world’s first A-share exchange-traded fund (ETF) that tracks the performance of the Dow Jones Islamic Market China A-Shares 100 Index.

The Shariah China A-Shares ETF adopts a full replication strategy, in which the ETF will hold every constituent of the benchmark index, having substantially the same weightings.The product is also Value Partners Malaysia’s first ETF to be listed on the local bourse.