Why Hang Seng Index ETF
The ETF tracks the Hang Seng Index, which includes the largest companies listed on the Hong Kong Stock Exchange. The index is considered the benchmark for the Hong Kong stock market. It includes the largest and most liquid stocks listed on the Hong Kong Stock Exchange, and reflects the performance of the Hong Kong stock market as a whole
Index Methodology
The index uses a methodology that is based on the market value of shares adjusted by free float. The Hang Seng Index aims to include the largest companies in the Hong Kong Stock Exchange in terms of free float market value. The index applies a maximum weight for each company in the index equal to 8% (when the index is rebalanced)
Fund's Objective
The Fund aims to achieve long-term capital growth, by tracking the performance of the Hang Seng Index through investing in the TraHK fund before deducting fees and expenses, while minimizing the deviation between the Fund's performance and the index's performance. The Fund will invest all of its assets in a single fund, which is Hong Kong Tracker Fund, or TraHK, listed on the Hong Kong Stock Exchange. The fund (TraHK: Tracker Fund of Hong Kong Ltd Class HKD Inc) is an established fund with the primary objective of tracking the performance of the index in a passive and inactive manner by matching the companies in the index and their weights.
Fund Features
| Fund name | SAB Invest Hang Seng Hong Kong ETF |
| Fund type | Exchange Traded Fund |
| Risk level | High risk
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| Investment policy | Passive Management |
| Inception date | 28-Oct-24 |
| Fund currency | SAR |
| Benchmark | Hang Seng Index |
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| Index provider | Hang Seng Index Company |
| Inception price | SAR 10 |
| Annual Management fees | 0.10% |