Chinese asset manager Harvest has debuted an active ETF focused on what it describes as a ‘sustainable lifestyle’.
The fund will be managed by Harvest Global Investment, a wholly-owned subsidiary of the Beijing-based firm.
The investment strategy of the Harvest China Sustainable Lifestyle Tech Active ETF will follow three broad themes – technology, consumer discretionary and ESG.
It will track the Solactive China Lifestyle Tech Index and invest in five sectors - recreation and entertainment, transportation, digitalisation, technology hardware and fintech.
The fund will be listed in Hong Kong, the firm’s third ETF to be listed in the special administrative region.
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