New fund products are constantly being introduced in the fund market. Recently, another fund under harvest fund started to purchase, which is an H-share 50ETF, which is an on-site fund. Many investors named the fund unknown so, so do you know what the H-share 50ETF means?

What does the H-share 50ETF mean?

H shares refer to foreign shares registered in the Mainland and listed in Hong Kong. The H-share 50ETF is a fund that tracks hang seng china enterprises index, and the hang seng china enterprises index reflects the performance of the larger H-shares listed on the Hong Kong Stock Exchange. ETF is an open-end fund, which can be listed and traded. It is usually used to track stock indexes. Fund companies will allocate ETF assets according to the stocks in the index, so that the trend of ETF is highly consistent with the index performance.

The full name of the H-share 50ETF is actually Harvest Hang Seng China Enterprise Trading Open Index Securities Investment Fund. In addition to the nature of ETF, this fund is also a QDII fund. QDII fund refers to a securities investment fund established in a country and approved by the relevant departments of that country to engage in securities business such as stocks and bonds in overseas securities markets.

The subscription of H-share 50ETF is 159823, which can be traded directly through securities trading software.

That's all about the introduction of H-share 50ETF. I hope it will help you.