Global X has launched a Kospi 200 ETF in Hong Kong, offering investors exposure to 200 of South Korea’s largest listed companies.

Future Asset Global Investments (Hong Kong) has launched the Global X Kospi 200 exchange traded fund (ETF), listed on the Hong Kong Stock Exchange under stock codes 3408 and 9408. The ETF has a fixed annual recurring expense ratio of 0.49% The ETF began trading on 15 September with an initial listing price of KRW1,500 per share and a board lot size of 100 shares. The fund tracks the Kospi 200 Index, a benchmark covering 200 companies listed in South Korea. The index includes businesses from