BetaShares India Quality ETF
BetaShares has launched a new exchange traded fund - the BetaShares India Quality ETF (ASX: IIND) - of companies trading on the National Stock Exchange of India.
The ETF tracks the Solactive India Quality Select Index NTR, which aims to track the movements of a portfolio of 30 Indian companies that show above average quality characteristics.
“For Australian investors, there have historically been very few dedicated ways to invest in the growth opportunity of Indian stocks. With IIND, we’re excited to offer access to the Indian market opportunity as simply as buying any share on the ASX,” BetaShares CEO, Alex Vynokur, said.
The fund has a management cost of 0.8 per cent.