iShares launched this week the first set of sector-focused China A-Shares exchange-traded funds. They will be listed in Hong Kong.

The funds, which will track a host of indexes linked to the CSI 300 Index, include energy, financials, infrastructure and materials as well as a feeder fund.

They are:

• iShares CSI A-Share Energy Index ETF (stock code: 3050)
• iShares CSI A-Share Financials Index ETF (stock code: 2829)
• iShares CSI A-Share Infrastructure Index ETF (stock code: 3006)
• iShares CSI A-Share Materials Index ETF (stock code: 3039)
• iShares CSI 300 A-Share Index ETF (stock code: 2846)

The funds will provide investors with targeted sector exposure in China by investing in China A-Share Access Products (CAAPs), which are derivative instruments linked to an A-Share or the index issued by a third party, known as the CAAP issuer.

Exposure to each CAAP issuer is limited to 10 percent of net asset value of each fund.

The new sector-focused funds will join the iShares FTSE/Xinhua A50 China Index ETF (stock code: 2823), which tracks the 50 largest publicly traded Chinese companies, all of which are listed on the Shanghai and Shenzhen stock exchanges.

Launched in 2004, the A50 fund is hugely popular in Asia and has a heavy focus on financials, with the sector representing more than 61 percent of the portfolio. Year-to-date returns have exceeded 68 percent.

All together, iShares’ lineup of China-linked ETFs now include 11 funds listed globally and seven Hong Kong-based.

You can read the company’s release here.