Rayliant Launches World’s First China Active Equity ETF, ‘RAYC’

On Thursday, Rayliant launched the world’s first active China equities ETF this morning on the New York Stock Exchange. The Rayliant China Quantamental Equity ETF (RAYC) targets U.S. investors seeking long-term capital appreciation in China. Unlike passive ETFs, which track an index, Rayliant’s...