New fund offers direct access to Chinese shares The new ETF tracks the index of 300 leading shares listed in Shanghai and Shenzhen. Unlike some exchange-traded products that rely on complex instruments called derivatives to track a stock market index, the new fund holds shares in the index directly, a method called "physical replication" and seen as safer for investors. The total annual charge is "up to" 1.1pc, the managers said. Shares listed on the mainland of China are called "A shares" to distinguish them from Hong Kong-listed "H shares," which have not faced the same restrictions on foreign ownership. Put a question to our investment experts: moneyexpert@telegraph.co.uk