Hang Seng Index ETF Investment Guide

Investing in the Hang Seng Index ETF can be a great way to gain exposure to the Hong Kong stock market.

The Hang Seng Index, which the ETF tracks, is a free-float market capitalization-weighted index that includes 50 of the largest and most liquid stocks listed on the Hong Kong Stock Exchange.

You can invest in the Hang Seng Index ETF through a brokerage account or a robo-advisor, making it a relatively accessible investment option for many people.

The ETF typically has a low management fee, which can range from 0.15% to 0.25% per annum, depending on the provider.

The Hang Seng Index ETF is a popular investment option, but it's essential to understand the investment details. It tracks the Hang Seng Index, which is a market-capitalization-weighted index of the 50 largest and most liquid stocks in Hong Kong.

The minimum investment required for the Hang Seng Index ETF is typically low, making it accessible to a wide range of investors.

The daily performance of the ETF is a crucial metric to consider when evaluating its investment potential. The daily net asset value (NAV) is currently at $13.12.

The NAV has experienced a significant increase of 3.14% over the past day. This is a notable change, and it's essential to keep in mind that the market can be unpredictable.

The market price of the ETF is $12.99, which is slightly lower than the NAV. The market price has also seen a 2.69% daily change.

The 30-day median bid-ask spread is a vital aspect of the ETF's daily performance. This value is calculated by identifying the national best bid and offer (NBBO) over the last 30 calendar days and dividing the difference by the midpoint of the NBBO. The current 30-day median bid-ask spread is 0.44%.

Here's a summary of the daily performance metrics:

These metrics provide a comprehensive overview of the ETF's daily performance and can help investors make informed decisions about their investments.

The investment framework of the Mirae Asset Hang Seng TECH ETF is designed to track the Hang Seng TECH Index. This index captures the 30 largest companies in Hong Kong's rapidly growing technology sector.

The ETF will be managed passively, with investments in stocks proportionate to their weights in the Hang Seng TECH Index. This approach aims to minimize tracking error through regular rebalancing of the portfolio.

A part of the funds may be invested in debt and money market instruments to meet liquidity requirements. The scheme will replicate or track the Hang Seng TECH Total Return Index, providing a total return experience for investors.

The ETF's investment strategy revolves around reducing tracking error to the least possible through regular rebalancing. This involves considering changes in the weights of stocks in the Index as well as incremental collections and redemptions in the scheme.

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.

Business Involvement metrics are not indicative of a fund's investment objective, and, unless otherwise stated in fund documentation and included within a fund's investment objective, do not change a fund's investment objective or constrain the fund's investable universe.

For more information regarding a fund's investment strategy, please see the fund's prospectus.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research, which provides a profile of each company's specific business involvement.

BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas.

Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity.

As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage.

Business Involvement metrics are only displayed if at least 1% of the fund's gross weight includes securities covered by MSCI ESG Research.

The fees associated with the Hang Seng Index ETF are relatively low, at 0.50% of the fund's assets.

The management fee is 0.50%, which is a standard rate for most ETFs. Acquired fund fees and expenses, as well as other expenses, are both 0.00%.

Here's a breakdown of the fees: FeesAmountManagement Fee0.50%Acquired Fund Fees and Expenses0.00%Other Expenses0.00%Expense Ratio0.50%

It's worth noting that these fees are subject to change and may not reflect any extraordinary expenses incurred by the fund.

Fees can be a significant consideration when investing in a fund. The management fee is 0.50%.

The acquired fund fees and expenses are actually zero, which is a relief for investors. This means you won't have to pay extra for the costs of other funds the investment is tracking.

Other expenses are also zero, which is a good thing. This keeps costs down and more of your money stays in your account.

The expense ratio, which is the total cost of running the fund, is also 0.50%. This is the same as the management fee, which is a bit surprising.

Here's a breakdown of the fees:

The Premium/Discount of an ETF can fluctuate, and it's essential to understand what it means for your investments. The Premium/Discount refers to the difference between the daily market price of shares and the Fund's net asset value (NAV).

The Premium/Discount can be a significant factor in your investment returns. In the example provided, the Total Return for the 1-year period is 0.10%, while the Market Price is 0.04%.

Here are some key points to consider:

It's also worth noting that the Premium/Discount can vary significantly over different time periods. For example, the 1-year Total Return is 0.10%, but the 3-year Total Return is -7.07%.

The Premium/Discount can be affected by various factors, including the Fund's performance, market conditions, and investor demand. Understanding the Premium/Discount is crucial for making informed investment decisions.

Distributions are issued to brokers on the payable date, and are subject to broker payment schedules.

Record dates, ex-dates, and payable dates are crucial for tracking distributions. The record date is the date by which investors must own the shares to receive the distribution.

Here are the record dates, ex-dates, and payable dates for the Hang Seng Index ETF:

Note that the payable date is when the distribution is actually paid to investors, and it's subject to broker payment schedules.

Distributions are a crucial aspect of investing, and understanding how they work can help you make informed decisions about your portfolio.

Record dates, ex-dates, and payable dates are key dates to keep track of when it comes to distributions. These dates are usually specified in the distribution details section.

The record date is the date by which you must own the investment to be eligible for the distribution. This date is typically set by the investment's issuer.

The ex-date, on the other hand, is the date after which the investment's price reflects the upcoming distribution. This date is usually one business day before the record date.

The payable date is the date when the distribution is actually paid to the investor's account.

Distributions can be composed of various components, including income, short-term capital gains, long-term capital gains, and return of capital. The specific composition of a distribution can vary depending on the investment.

Here's a breakdown of the different components of a distribution:

It's essential to keep track of your distributions to accurately report your investment income on your tax returns.

Our Calculation Formula is a key part of understanding how distributions work.

The formula is straightforward: Annual Return = (Last NAV of the year - Last NAV of the previous year) / Last NAV of the previous year.