ETF Asian Emerging market

ETFs to Watch: Emerging Asia

Economies of China, Korea, Taiwan and India are all in growth, especially Taiwan just released stronger than expected Q4 2017 GDP growth at 3.28% y/y, higher than the expected level of 2.5%.
It is expected that the growth of the Indian economy will be among the fastest in Asia for the coming year, with the latest economic survey projecting growth of 7 – 7.5% for fiscal year 2018 – 2019.

Source: Bloomberg, Commerzbank

MSCI Emerging Markets Asia Index

Source: MSCI, as of Dec 2017

Ticker	Fund Name	TER (bps)	AUM (m USD)	ETF Currency	%YTD
AASU FP	Amundi ETF MSCI EM Asia UCITS ETF	20	2,376	USD	7.85
CEMA LN	iShares MSCI EM Asia UCITS ETF USD Acc	65	595	USD	7.52
EMAD LN	SPDR MSCI EM Asia UCITS ETF	55	419	USD	8.01
XMAD LN	db x-trackers MSCI EM ASIA INDEX UCITS ETF	65	1,018	USD	7.32
DEMP LN	WisdomTree Emerging Asia Equity Income UCITS ETF	54	14	GBp	3.60
GMF US	SPDR S&P Emerging Asia Pacific ETF	49	519	USD	8.49

Source: Bloomberg, Commerzbank, as of 30 Jan 2018. % returns are calculated by Bloomberg in ETF currency.

Market Update

US equities closed slightly higher: DJIA touched the negative ground but eventually closed with a rise of 28%, S&P 500 narrowly went up by 0.05%, andNASDAQ also increased by 0.12%.
European stock markets forked off in two directions: FTSE 100 and DAX slightly dropped again by 72% and 0.06%, while CAC 40 closed modestly at 0.15%increase.
Fed left rates unchanged at 1.25 – 1.5% but the tone was slightly more hawkish. More information on yesterday’s FOMC meeting can be found in the attached Economic Briefing.

Last Updated on February 2, 2018