DGAP-News: Photo Release -- China's First Cross Border Exchange Traded Fund -- the Guotai NASDAQ-100 ETF -- Begins Trading on the Shanghai Stock Exchange
(firmenpresse) - The NASDAQ OMX Group, Inc.
15.05.2013 14:00
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New Listing Provides Chinese Investors Access to U.S. Securities for First Time
NEW YORK, May 15, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc.
(Nasdaq:NDAQ), today announced that China's first cross-border exchange-traded
fund (ETF), based on the NASDAQ-100 Index(r), has begun trading on the Shanghai
Stock Exchange. The Guotai NASDAQ-100 Exchange-Traded Fund (Symbol: 513100),
sponsored by Guotai Asset Management, was created so that investors in China
could easily invest in the largest and most liquid companies traded on The
NASDAQ Stock Market. The listing of this product marks the first
exchange-traded fund in China to provide access to the U.S. market.
A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=18739
Until now, investors in China have been able to access the U.S. market but only
through ordinary Qualified Domestic Institutional Investor funds, most of which
follow active strategies, are cumbersome to trade and involve a lengthy
redemption process. The Guotai NASDAQ-100 Exchange-Traded Fund significantly
enhances the efficiency of investment in U.S. securities for these investors.
Additionally, because the product trades on the secondary market like any ETF,
prices are transparent and transaction costs are low, making the product
appealing to institutional and individual investors alike.
The launch of the Guotai NASDAQ-100 ETF is a significant development for the
burgeoning exchange-traded product market in China. According to BlackRock,
Inc., an independent, global investment manager, year-to-date inflows into
Chinese equity ETPs increased 23.4 percent to $937.4 billion.
'We applaud Guotai Asset Management for responding to increasing demand among
all classes of investors in China for a cross-border ETF,' said NASDAQ OMX Vice
President Robert Hughes. 'The Guotai NASDAQ-100 ETF enables individual and
institutional investors in China to access 100 of the world's largest and
fastest growing companies -- including Baidu, Microsoft, Apple and Starbucks.'
The NASDAQ-100 Index, which includes 100 of the largest international and
domestic non-financial securities listed on NASDAQ, had a cumulative price
return of 170.32% during the 10 years ended December 31, 2012.
About NASDAQ OMX Global Indexes
NASDAQ OMX Global Indexes has been creating innovative, market-leading,
transparent indexes since 1971. Today, our index offering spans geographies and
asset classes and includes diverse families such as the Dividend Achievers,
Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously
offer new opportunities for financial product sponsors across a wide-spectrum
of investable products and for asset managers to measure risk and performance.
NASDAQ OMX Global Indexes also provides custom index services and design
solutions to selected financial organizations. For more information about
NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.
Daily index values, weightings and historical data for NASDAQ OMX indexes are
available via NASDAQ OMX Global Index Watch and the NASDAQ OMX Global Index
Data Service.
About NASDAQ OMX Group
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels
economies and provides transformative technologies for the entire lifecycle of
a trade - from risk management to trade to surveillance to clearing. In the
U.S. and Europe, we own and operate 23 markets, 3 clearinghouses and 5 central
securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to process more
than 1 million messages per second at sub-40 microsecond speeds with 99.99+%
uptime, our technology drives more than 70 marketplaces in 50 developed and
emerging countries into the future, powering 1 in 10 of the world's securities
transactions. Our award-winning data products and worldwide indexes are the
benchmarks in the financial industry. Home to over 3,300 listed companies worth
more than $6 trillion in market cap whose innovations shape our world, we give
the ideas of tomorrow access to capital today. Welcome to where the world takes
a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more,
visit www.nasdaqomx.com. Follow us on Facebook (www.facebook.com/NASDAQ) and
Twitter (www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
the Guotai NASDAQ-100 ETF, as well as NASDAQ OMX's other products and
offerings. We caution that these statements are not guarantees of future
performance. Actual results may differ materially from those expressed or
implied in the forward-looking statements. Forward-looking statements involve a
number of risks, uncertainties or other factors beyond NASDAQ OMX's control.
These factors include, but are not limited to factors detailed in NASDAQ OMX's
annual report on Form 10-K, and periodic reports filed with the U.S. Securities
and Exchange Commission. We undertake no obligation to release any revisions to
any forward-looking statements.
NASDAQ(r), NASDAQ-100(r), and NASDAQ-100 Index(r) are registered trademarks of The
NASDAQ OMX Group, Inc. (which collectively with its affiliates is referred to
as 'NASDAQ OMX') and are licensed for use by Guotai Asset Management Co., Ltd.
('Guotai'). THE GUOTAI ETF HAS NOT BEEN PASSED ON BY NASDAQ OMX AS TO ITS
LEGALITY OR SUITABILITY. THE GUOTAI ETF IS NOT ISSUED, ENDORSED, OR SOLD BY
NASDAQ OMX, AND NASDAQ OMX MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH
RESPECT TO THE GUOTAI ETF.
The information contained above is provided for informational and educational
purposes only, and nothing set forth above should be construed as investment
advice, either on behalf of a particular investment product or an overall
investment strategy. Past performance is not indicative of future results.
ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
NDAQG
The photo is also available via AP PhotoExpress.
CONTACT: NASDAQ OMX Media Contact:
Wayne Lee
+1.301.978.4875
Wayne.D.Lee(at)NASDAQOMX.Com
Intermarket Communications Media Contact:
Michael Gelormino
+1.212.909.4780
mgelormino(at)intermarket.com
News Source: NASDAQ OMX
15.05.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: The NASDAQ OMX Group, Inc.
United States
Phone:
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ISIN: US6311031081
WKN:
End of Announcement DGAP News-Service
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Themen in dieser Pressemitteilung:
photo-release
china-s-first-cross-border-exchange-traded-fund
the-guotai-nasdaq
100-etf
begins-trading-on-the-shanghai-stock-exchange
Unternehmensinformation / Kurzprofil:
Datum: 15.05.2013 - 14:00 Uhr
Sprache: Deutsch
News-ID 260286
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