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Mirae, Citigroup
Mirae Asset Global Investments (HK) has chosen Citigroup to act as custodian and provide fund administration and exchange traded fund services for the launch of two ETFs.

The entities, structured as open-ended fund companies, consist of the Global X China Innovator Active, an active ETF, and (Global X China Global Leaders ETF), a passive ETF. Both funds invest in equities of companies based or incorporated in China, including Hong Kong or Macau.

Citi’s services will include portfolio composition file (PCF) creation, allowing relevant investors to view the composition of Mirae’s ETFs in terms of securities and cash components on each dealing day.