iSHARES HANG SENG TECH ETF 3067 (HKD) / 9067 (USD)

iSHARES
HANG SENG TECH ETF
3067 (HKD)
9067 (USD)

  • IMPORTANT: Investment involves risk, including the loss of principal. Investors should refer to the Prospectus and Key Facts Statement of the iShares Hang Seng TECH ETF (the “ETF”) for details, including the risk factors. If you are in any doubt, you should consult your stockbroker, bank manager, solicitor, accountant or other financial adviser for independent financial advice.  Investors should not base investment decisions on this marketing material alone. Investors should note:

    • The ETF aims to provide investment results that, before fees and expenses, closely correspond to the performance of the Hang Seng TECH Index (net total return version) (the “Underlying Index”).
    • The ETF is subject to general market risks and may fall in value and there is no guarantee of the repayment of principal.

    IMPORTANT: Investment involves risk, including the loss of principal. Investors should refer to the Prospectus and Key Facts Statement of the iShares Hang Seng TECH ETF (the “ETF”) for details, including the risk factors. If you are in any doubt, you should consult your stockbroker, bank manager, solicitor, accountant or other financial adviser for independent financial advice.  Investors should not base investment decisions on this marketing material alone. Investors should note:

    • The ETF aims to provide investment results that, before fees and expenses, closely correspond to the performance of the Hang Seng TECH Index (net total return version) (the “Underlying Index”).
    • The ETF is subject to general market risks and may fall in value and there is no guarantee of the repayment of principal.
    • The ETF is subject to tracking error risk, which is the risk that its performance may not track that of the underlying index exactly.
    • The underlying Index is a new index and the ETF may be riskier than other exchange traded funds tracking more established indices with longer operating history.
    • The ETF’s investments are concentrated in in companies with a technology theme from across the Greater China region listed in Hong Kong. The value of the ETF may be more volatile than that of a fund having a more diverse portfolio of investments or global / regional scope.   
    • The ETF’s base currency is in HKD but has units traded in USD (in addition to HKD). Investors may be subject to additional costs or losses associated with foreign currency fluctuations between the base currency and the USD trading currency when trading units in the secondary market.
    • If there is a suspension of the inter-counter transfer of units between the counters and/or any limitation on the level of services provided by brokers and CCASS participants, Unitholders will only be able to trade their units in one counter. The market price of units traded in each counter may deviate significantly.
    • Termination of the market making arrangement may lead to risk of liquidity in the market for the units being adversely affected if there is no or only one market maker for the units on any counter.
    • The units of the ETF are traded on the SEHK. The trading price of the units is subject to market factors and may trade at a substantial premium or discount to the ETF’s NAV.
    • The Manager may at its discretion pay distributions out of capital, or effectively out of capital, of the ETF. Payment of distributions out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction of the NAV per unit.
    • The Fund may use derivatives for hedging and for investment purposes. However, usage for investment purposes will not be extensive. The Fund may suffer losses from its derivatives usage.
iShares Hang Seng TECH ETF – 3067 (HKD) / 9067 (USD)

INVESTMENT OBJECTIVES

The iShares Hang Seng TECH ETF seeks to track the investment results of an index composed of 30 Hong Kong-listed companies in the technology sector or with tech-enabled businesses.

FUND HIGHLIGHTS

  • Physical access to 30 large cap stocks, listed on the Hong Kong Stock Exchange, focused on technology and innovation.1
  • Tracking an index composed of Greater China companies, trading on the Hong Kong mainboard, with high business exposure to selected technology themes, including internet, fintech, cloud, e-commerce and digital activities.2
  • An all-inclusive and transparent annual management fee of just 0.25%.3

Learn more

WHY INVEST IN HANG SENG TECH INDEX?

Invest in performance

From January 2015 to July 2020, the Hang Seng TECH Index has outperformed the Hang Seng Index by approximately 130%.4

Invest in performance
Invest in the future

The Hang Seng TECH Index universe is comprised of companies with high revenue exposure to key technology themes including. Many of these themes have been identified as areas of new infrastructure to be supported with investment by the Chinese government to boost the local economy.5

Invest in the future
Invest in quality

Science and technology innovation industries are likely to become the new drivers of China’s economic growth.6 Owning an ETF that tracks the Hang Seng TECH Index gives investors exposure to both growing and world class Chinese technology companies listed in Hong Kong.7

Invest in quality

FUND DETAILS

Price at inception: 15 HKD
Base currency: HKD (trading available in HKD and USD)
Exchange: Hong Kong Stock Exchange
Domicile: Hong Kong
Distribution frequency: Semi-annually
Inception date: 14 September 2020
Asset class: Equity
Benchmark: Hang Seng TECH Index
Management fee: 0.25%
Number of holdings: 30
Bloomberg benchmark ticker: HSTECHN

Source: BlackRock; data as of 14 September 2020. For detailed information, please refer to the offering documents, including investment objectives and risk factors.

Management fee:<br />0.25%
Management fee:
0.25%
Benchmark:<br />Hang Seng TECH Index
Benchmark:
Hang Seng TECH Index
Exchange:<br />Hong Kong Stock Exchange
Exchange:
Hong Kong Stock Exchange

TRADING INFO

Ticker HKD: 3067
USD: 9067
ISIN HKD: HK0000651213
USD: HK0000651221
SEDOL HKD: BMW44P6
USD: BMW44Q7

Source: BlackRock; data as of 17 September 2020.

TOP 10 INDEX HOLDINGS

Name Sector Weight
XIAOMI CORP Information Technology 11.16%
MEITUAN DIANPING Consumer Discretionary 10.11%
ALIBABA GROUP HOLDING LTD Consumer Discretionary 9.17%
TENCENT HOLDINGS LTD Communication Services 7.88%
SUNNY OPTICAL TECHNOLOGY LTD Information Technology 6.44%
JD.COM CLASS A INC Consumer Discretionary 5.67%
SEMICONDUCTOR MANUFACTURING INTERN Information Technology 4.65%
KINGDEE INT L SOFTWARE GROUP LTD Information Technology 4.46%
ALIBABA HEALTH INFORMATION TECH LT Health Care 4.38%
LENOVO GROUP LTD Information Technology 3.62%

INDEX EXPOSURE BREAKDOWN

INDEX EXPOSURE BREAKDOWN

 

Source: Hang Seng Indexes; data as of 31 August 2020. Allocations are subject to change.

 

BENEFITS OF iSHARES

Diversification
Diversification
Generally tracks indexes that are comprised of many individual securities which can help spread out and lower risk.
Transparency
Transparency
Investment objectives and investment strategy are straightforward, with holdings disclosed daily.
Accessibility
Accessibility
Provides straightforward access to multiple stocks, market exposures and asset classes.
Liquidity
Liquidity
Trades on the exchange during market hours and investors can buy or sell in real time – just like stocks.
Cost efficiency
Cost efficiency

Generally lower management fees than an active mutual fund invested in the same asset class.8