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The investment objective of the Fund is to track as closely as possible the returns of the Hang Seng TECH Index. The Index comprises the 30 largest technology stocks listed in Hong Kong SAR, as determined by the Index provider. The Fund is passively managed and will generally invest in the shares of the companies in the same proportion as in the Index. Where it is not possible or practical to invest in all Index constituents, the Fund may invest in other stocks expected to provide similar performance and risk characteristics. The Fund may also gain exposure to Index constituents through depositary receipts, derivatives or other funds. Income is reinvested.
View fundThe Fund aims to track as closely as possible the returns of the Hang Seng TECH Index. The Index is composed of the 30 largest technology companies listed in Hong Kong, as determined by the Index provider. The Fund will be passively managed and will aim to invest in the shares of the companies in generally the same proportion as in the Index, although it may invest in other companies expected to provide similar performance and risk characteristics to certain Index constituents. If the Fund cannot invest directly in the companies that constitute the Index, it may gain exposure through other investments such as depositary receipts, derivatives or funds. The Fund may also invest in money market instruments and use derivatives for efficient portfolio management and investment purposes. Income is reinvested.
View fundKey takeaways
The ETFs track the same security, so $HSTE and £HSTC are effectively the same fund. Both trade on the London Stock Exchange, but $HSTE is denominated in dollars and £HSTC in pounds.
Fund highlights
Fund name | HSBC Hang Seng Tech | HSBC Hang Seng Tech |
|---|---|---|
USD | GBP | |
HKD | HKD | |
| Accumulating | Accumulating | |
Fund size | $1.3B | £961M |
| 0.54 | 0.33 | |
Last price | $5.47 | £4.14 |
| 0.50% | 0.50% | |
Fund manager | HSBC | HSBC |
Benchmark | Hang Seng TECH Index | Hang Seng TECH Index |
Risk | ||
Ticker | $HSTE | £HSTC |
Primary listing | LSE | LSE |
Documents |
Market data provided by CBOE Europe and Deutsche Börse.
Performance
CumulativeRolling yearsLump sum investment
Sector exposure
ChartTable
$HSTE
£HSTC
Top holdings
Xiaomi Corp Class B
9.68%
NetEase
9.33%
Meituan Class B
9.22%
Tencent Holdings Ltd
8.36%
Alibaba
8.35%
BYD Co Ltd
7.38%
Semiconductor Manufacturing International Corp
5.82%
JD.com
5.57%
Lenovo Group Ltd
4.44%
Other
31.86%
Xiaomi Corp Class B
9.68%
NetEase
9.33%
Meituan Class B
9.22%
Tencent Holdings Ltd
8.36%
Alibaba
8.35%
BYD Co Ltd
7.38%
Semiconductor Manufacturing International Corp
5.82%
JD.com
5.57%
Lenovo Group Ltd
4.44%
Other
31.86%
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