Introduction
Launched on 27 July 2020, the Hang Seng TECH Index tracks the 30 largest TECH-themed companies listed in Hong Kong. The Index is reviewed quarterly and has an IPO fast entry rule which allows for qualified IPOs to be included in the Index shortly after listing. The weighting of each stock in the Index is capped at 8% during rebalancing. This flagship Index addresses the growing demand from investors for high quality TECH-themed companies and reflects the rising importance of the tech sector on the Stock Exchange of Hong Kong.
Investment Objective
The investment objective of the Fund is to replicate as closely as possible, before expenses, the performance of the Hang Seng TECH Index using a direct investment policy of investing in all, or substantially all, of the underlying Index Securities.
https://www.lionglobalinvestors.com/en/funds/lion-ocbcsec-hangseng-tech-etf/index.html
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