The first batch of two Saudi ETF raised funds successfully. Huatai Bairui and Southern Fund Brother Company answered the questions together, and the total amount raised was 1.223 billion yuan, of which the scale of Southern Saudi ETF raised was 0.633 billion yuan, and Huatai Bairui Saudi ETF raised 0.59 billion yuan. Both funds were established today. As the first domestic ETF that can be invested in the Middle East market, Saudi ETF mainly realizes close tracking of the FTSE Saudi Arabia index through ETF mutual hanging, opening the door to Saudi capital markets for domestic investors for the first time.
境内首批可投中东市场ETF宣布成立 合计募集12.23亿元
The first ETF for investing in the Middle Eastern market within the country has been announced and a total of 1.223 billion yuan has been raised.
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