HSBC has launched an exchange traded fund that is designed to capture performance of Asia (ex-Japan) equities in the large- and mid-cap sector.

The physically replicated product is called the HSBC MSCI Far East Ex Japan UCITS ETF; it comes with a total expense ratio – a common measure of fund costs – of 0.6 per cent. It tracks performance of the MSCI AC Far East Ex Japan Index. The index gives exposure to China; Hong Kong; Indonesia; Korea; Malaysia; Philippines; Singapore; Taiwan and Thailand.

The ETF is domiciled in Ireland and listed on the London Stock Exchange and Germany’s Deutsche Boerse. It is available in sterling, euro and dollar trading lines. The product will be registered for use in a number of European countries due to its UCITS status.