Mainland China stocks only
Only mainland-listed Chinese stocks: the ones traded in Shanghai and Shenzhen, mostly bought by domestic investors. Very different mix from the Hong Kong-listed Chinese stocks: more state-owned banks, liquor brands like Kweichow Moutai, and industrials.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Access to mainland-listed firms unavailable to most foreigners
- Different sector mix to HK-listed China: diversifies
- Strong domestic-consumption tilt (Moutai, appliances, healthcare)
- Mainland market is retail-driven and prone to bubbles
- Capital controls and policy changes can hit hard
- Quoted in pence: adds an FX layer for USD investors
About this fund
Tracks A-shares listed in Shanghai and Shenzhen - meaningfully different from HK-listed Chinese stocks. Trades on LSE in GBp; the USD line is CNYA.L.
Available on Interactive Brokers
Low-cost access to Mainland China stocks only and 10,000+ funds worldwide.
Frequently asked questions
Is IASH.L accumulating or distributing?
iShares MSCI China A UCITS ETF (IASH.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for IASH.L?
IASH.L has a total expense ratio (TER) of 0.40% per year. On a $10,000 holding that is roughly $40 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy IASH.L on Interactive Brokers?
Yes. IASH.L trades on LSE, GBp and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does IASH.L invest in?
iShares MSCI China A UCITS ETF (IASH.L) tracks the MSCI China A. Only mainland-listed Chinese stocks: the ones traded in Shanghai and Shenzhen, mostly bought by domestic investors. You buy one fund and get the whole basket in a single trade.
Is IASH.L a UCITS ETF, and where is it domiciled?
Yes, IASH.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is IASH.L?
On the TickerCompare 1 to 5 scale, IASH.L is rated higher risk (5/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.