INVESTMENT FRAMEWORK
The Mirae Asset Hang Seng TECH ETF will be managed passively with investments in stocks in a proportion that match as close as possible to the weights of these stocks in Hang Seng TECH Index.
The investment strategy would revolve around reducing the tracking error to the least possible through regular rebalancing of the portfolio, considering the change in weights of stocks in the Index as well as the incremental collections/redemptions in the Scheme. A part of the funds may be invested in debt and money market instruments, to meet the liquidity requirements.
WHY INVEST IN THE FUND
- Provides diversification across *30 large tech-themed companies
- Consist of companies driven by strong revenue growth and R&D investment
- Fast Track IPO Entry: Qualified IPOs are included in Index shortly after listing
- The index focuses on companies engaged in Internet (including mobile); FinTech; Cloud; E-Commerce; Digital; or Autonomous Vehicle
*Top 30 technology companies with highest market value (MV) are selected as constituents.
^Note: A newly listed security will be added to index if its full market capitalization ranks within the top 10 of the existing constituents on its first trading day. The ad hoc addition will normally be implemented after the close of the 10th trading day of the new issue.