GSAM cuts China bond ETF fee by a third

Fee-leading product

Goldman Sachs Asset Management (GSAM) has cut the fee on its Chinese government bond ETF by a third.

This makes the Goldman Sachs Access China Government Bond UCITS ETF the fee-leading product in its category, with investors able to purchase the fund for a total expense ratio of 0.24%. UBS AM launches onshore China bond ETF This reduction sees investors save a third on the bond fund, as it is cut by 11 basis points from 0.35% to its new fee. The fund offers investors access to the second largest bond market in the world, which is set to be included in the FTSE WGBI as of this year. Launched in 2019, the ETF tracks the FTSE GS China Government Bond NR USD index. It rose more ...