Tracker Fund of Hong Kong AUM and Performance

The Tracker Fund of Hong Kong is a popular investment option for locals and expats alike. With a minimum investment of HK$100, you can start tracking the Hang Seng Index.

The fund's assets under management (AUM) have been steadily increasing over the years. As of 2022, the AUM reached HK$145 billion.

One of the key benefits of the Tracker Fund is its low fees. The fund's expense ratio is a mere 0.12%, making it an attractive option for cost-conscious investors.

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The Tracker Fund of Hong Kong is designed to track the performance of the Hang Seng Index.

The fund's investment objective is to provide results that closely correspond to the Hang Seng Index, with the manager seeking to achieve this by investing in the constituent shares of the Index in substantially the same weightings as they appear in the Index.

Investments in the Tracker Fund of Hong Kong are subject to investment risks, including the possible loss of the principal amount invested.

Worth a look: Hang Seng Indexes

Here is a snapshot of the fund's top 10 holdings:

The investment objective of a Tracker Fund, like the Tracker Fund of Hong Kong, is to provide investment results that closely correspond to the performance of a specific index, such as the Hang Seng Index.

By directly investing in the constituent shares of the index, the fund aims to achieve its investment objective in substantially the same weightings as they appear in the index. This means that the fund will hold a similar mix of stocks as the index, but it's not a direct investment in the index itself.

Investments in these funds are subject to investment risks, including the possible loss of the principal amount invested. This is a key consideration for anyone thinking of investing.

The fund manager's goal is to track the performance of the index, not to beat it or try to predict its future movements. This approach can help to reduce the risk of losses, but it's not a guarantee of success.

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Let's take a closer look at the top 10 holdings in a particular investment portfolio. The largest holding is Meituan Class B, which accounts for 8.3223% of the portfolio's weight and is valued at $11,275,111,905.

Meituan Class B is followed closely by HSBC Holdings PLC, which makes up 7.7340% of the portfolio and has a market value of $10,478,104,115. The number of shares owned in HSBC Holdings PLC has actually decreased by 5,702,345 in recent times.

Tencent Holdings Ltd is the third largest holding, with a portfolio weight of 7.6281% and a market value of $10,334,616,454. Interestingly, the number of shares owned in Tencent Holdings Ltd has decreased by 1,024,569.

Alibaba Group Holding Ltd Ordinary Shares is the fourth largest holding, accounting for 7.5699% of the portfolio's weight and valued at $10,255,746,053. The number of shares owned in Alibaba Group Holding Ltd Ordinary Shares has decreased by 4,837,495.

Here's a list of the top 10 holdings in the portfolio, along with their respective portfolio weights and market values:

AIA Group Ltd is the fifth largest holding, with a portfolio weight of 5.4631% and a market value of $7,401,434,926. The number of shares owned in AIA Group Ltd has actually decreased by 5,021,959.

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China Construction Bank Corp Class H is the sixth largest holding, accounting for 5.3087% of the portfolio's weight and valued at $7,192,287,145. The number of shares owned in China Construction Bank Corp Class H has actually decreased by 48,508,985.

Xiaomi Corp Class B is the seventh largest holding, with a portfolio weight of 4.0746% and a market value of $5,520,291,599. The number of shares owned in Xiaomi Corp Class B has actually decreased by 7,848,737.

China Mobile Ltd is the eighth largest holding, accounting for 3.7369% of the portfolio's weight and valued at $5,062,807,934. The number of shares owned in China Mobile Ltd has actually decreased by 2,762,760.

Industrial And Commercial Bank Of China Ltd Class is the ninth largest holding, with a portfolio weight of 2.9878% and a market value of $4,047,899,702. The number of shares owned in Industrial And Commercial Bank Of China Ltd Class has actually decreased by 35,024,797.

Hong Kong Exchanges and Clearing Ltd is the tenth and final holding, accounting for 2.9278% of the portfolio's weight and valued at $3,966,616,055. The number of shares owned in Hong Kong Exchanges and Clearing Ltd has actually decreased by 539,994.

Worth a look: Industrial and Commercial Bank of China

The Tracker Fund of Hong Kong has a team of experienced directors who oversee the company's operations. James Keith MacNevin has been a Director/Board Member since June 20, 2013, and Kevin David Anderson has been serving in the same role since May 26, 2015. Stephen Law is also a Director/Board Member, although the exact date of his appointment is not specified.

The directors' experience and expertise are crucial in guiding the company's strategy and decision-making process. The company's leadership is essential in ensuring the fund's performance and growth. James Keith MacNevin, Kevin David Anderson, and Stephen Law bring their collective expertise to the table to make informed decisions.

Here is a list of the directors and their roles:

The Tracker Fund of Hong Kong is a popular investment option for many. It's a unit trust that tracks the Hang Seng Index, which is a benchmark for the Hong Kong stock market.

The fund's management fee is 0.12% per annum, which is relatively low compared to other investment options. This low fee can help investors save money in the long run.

The fund's total expense ratio is 0.45% per annum, which includes the management fee as well as other expenses. This expense ratio is also relatively low compared to other investment options.

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Let's take a closer look at the geographical breakdown of sales for Tracker Fund Of Hong Kong. In 2019, the sales in Hong Kong were a significant 10.61 billion dollars.

The sales in Hong Kong fluctuated over the years, with a notable decline in 2020 to 2.06 billion dollars. This represents a substantial drop from the previous year.

In 2021, the sales took a big hit, going from a positive 10.61 billion dollars in 2019 to a negative 10.71 billion dollars. This indicates a significant loss for the company.

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Hong Kong sales continued to decline in 2022, reaching -8.96 billion dollars. This trend continued into 2023, with sales reaching an even lower point of -13.37 billion dollars.

Here's a summary of the sales in Hong Kong for Tracker Fund Of Hong Kong over the years:

The Tracker Fund of Hong Kong's AUM has topped HK$100 billion for the first time, a remarkable milestone that highlights the fund's enduring value to investors.

The fund's manager, State Street Global Advisors (SSGA), notes that this achievement is a testament to the fund's stability and reliability in today's complex market environment.

TraHK was the first physical ETF in Asia ex-Japan when it was launched in 1999, and its issue size of HK$33.3 billion was the largest ever initial public offering in the region at that time.

SSGA currently offers 250 ETFs worldwide and manages total ETF assets of US$590.29 billion as at September 30, 2017.

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The Tracker Fund of Hong Kong tracks the Hang Seng Index, offering investors a relatively easy and cost-efficient way to invest in a diversified portfolio of Hong Kong's largest, most established listed companies.

SSGA's senior managing director and head of Asia ex-Japan, June Wong, believes that demand for ETFs among Asian investors will continue to grow, with TraHK increasingly being used by Hong Kong employees in their Mandatory Provident Fund investments.

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In the past 1 month, the investment has seen a significant gain of +18.72%. This is a substantial increase, and it's essential to understand that this performance is not consistent across all time frames.

The 3-month performance stands at +20.37%, which is a notable improvement. This indicates that the investment has been steadily growing over the past quarter.

Looking at the current year, the investment has gained +17.12%. This is a respectable return, considering the fluctuations in the market.

Here's a breakdown of the investment's performance over different periods:

Market capitalization is the total value of a company's outstanding shares. It's a key indicator of a company's size and financial health.

The market capitalization of a company can be calculated by multiplying the total number of outstanding shares by the current market price per share. For example, if a company has 100 million outstanding shares and the current market price per share is $50, its market capitalization would be $5 billion.

A company's market capitalization can affect its stock price and trading volume. As market capitalization increases, a company's stock price may also rise, making it more attractive to investors.

Market capitalization is often used to categorize companies into different market segments, such as large-cap, mid-cap, or small-cap. This helps investors understand the relative size and risk of a company.

Large-cap companies, which have a market capitalization of $10 billion or more, tend to be more stable and less volatile than smaller companies.

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Dividends are a great way to earn extra income from your investments. To receive a dividend, you must own shares in a company before the ex-dividend date.

The ex-dividend date is announced several weeks in advance, giving you ample time to buy shares and qualify for the dividend payment. The exact date varies depending on the company.

If you're looking for companies paying a high dividend yield, there are tools available to help you search across all ASX-listed companies.

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