Capital launched the Yuan Liquidity Exchange Traded Fund (ticker TCNY) on the Moscow Stock Exchange with a return target of up to 4% per year in Yuan.
The Fund positions funds in Chinese currency reverse repo transactions with the central counterparty of the Moscow Stock Exchange for a period of one day to six months with the intention of outperforming the RUSFAR CNY index.
The calculations take place in rubles in the Russian circuit, the fund is available without candidates.