Guotai AMC’s Guotai SME Growth ETF was recently re-named the Guotai New Energy Vehicle Grade Fund. This first public offering took place on August 27, 2015.

There has been explosive growth in China’s new energy vehicle market in 2015, with rising consumer awareness and soaring demand. Meanwhile, new energy vehicles have become a hot investment theme within the capital market. Although the concept of the new energy vehicle is gaining traction, there are very few themed funds aimed directly at this sector. The launch of Guotai New Energy Vehicle Grade Fund will provide a great tool for investors. It will help them to explore exciting opportunities in the new energy vehicle sector.