BBH services HK's first active ETF
June 20, 2019

Brown Brothers Harriman & Co this week announced its appointment as the custodian and administrator for the first actively managed ETF (exchange-traded fund) domiciled in Hong Kong, the ICBC CICC USD Money Market ETF launched by China International Capital Corporation (CICC) with ICBC Asset Management (Global) Company Limited acting as Investment Advisor.

Brown Brothers Harriman Trustee Services (Hong Kong) Limited serves as trustee and registrar.

BBH says this ETF is the third money market ETF listed on HKEX, and the only one in the market to offer a revolutionary same-day settlement cycle for all primary market creations and redemptions. BBH adds that its flexible service model and proprietary technology makes this T+0 model possible.





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Brown Brothers Harriman & Co this week announced its appointment as the custodian and administrator for the first actively managed ETF (exchange-traded fund) domiciled in Hong Kong, the ICBC CICC USD Money Market ETF launched by China International Capital Corporation (CICC) with ICBC Asset Management (Global) Company Limited acting as Investment Advisor.

Brown Brothers Harriman Trustee Services (Hong Kong) Limited serves as trustee and registrar.

BBH says this ETF is the third money market ETF listed on HKEX, and the only one in the market to offer a revolutionary same-day settlement cycle for all primary market creations and redemptions. BBH adds that its flexible service model and proprietary technology makes this T+0 model possible.



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