HSBC Hang Seng TECH UCITS ETF
ISIN IE00BMWXKN31 Rating ★★★★☆
Replication
physical
Earnings
accumulating
Asset class
Equity
Country
CN
TER
0.50 %
TD
0.37 %
Currency
HKD
Fund size
275 Mio EUR
Perf. 2023
-8.70 %
"HSBC Hang Seng TECH UCITS ETF" is an exchange-traded investment fund (ETF). It refers to the Hang Seng TECH Index. This index reflects the development of Chinese stocks . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company HSBC ETF claims a total expense ratio (TER) of 0.50% per year. The yearly average divergence from the index performance (Tracking Difference) since 2021 was 0.37% per year. Therefore, the ETF was less expensive than the TER suggests.