Hang Seng Investment Index Funds Series IV - Hang Seng Stock Connect China A Low Carbon Index ETF HKD counter
Hang Seng Investment Index Funds Series IV - Hang Seng Stock Connect China A Low Carbon Index ETF HKD counter (HK:3038) Price & Chart
HK:3038 ETF Chart & Stats
- Day’s Range
- HKD 34.12 - HKD 34.44
- 52-Week Range
- HKD 30.50 - HKD 37.10
- Previous Close
- HKD 34.36
- Volume
- 0
- Average Volume (3M)
- 25.98K
- AUM
- 8.50M
- NAV
- 28.54
- Expense Ratio
- 0.35%
- Holdings Count
- 0
- Beta
- 0.81
- Inception Date
- Mar 30, 2023
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 375,298
- Standard Deviation
- N/A
ETF Overview
Hang Seng Investment Index Funds Series IV - Hang Seng Stock Connect China A Low Carbon Index ETF HKD counter
The Hang Seng Investment Index Funds Series IV - Hang Seng Stock Connect China A Low Carbon Index ETF (Ticker: HK:3038) is an innovative financial product designed for investors seeking exposure to the burgeoning Chinese A-shares market with a sustainable twist. This ETF is meticulously crafted to mirror the RMB-denominated total return performance of the Hang Seng Stock Connect China A Low Carbon Index, net of withholding tax, while striving to minimize the tracking error as much as possible, accounting for fees and expenses. Categorized under Size and Style with a focus on the Extended Market, this ETF occupies a unique niche within the broad-based investment landscape. It offers investors a distinctive opportunity to participate in the growth of China's economy, particularly through equities that are accessible via the Stock Connect program, which bridges the Hong Kong and mainland Chinese stock exchanges. What sets this ETF apart is its commitment to sustainability. By concentrating on low carbon securities, it aligns with global efforts to combat climate change and supports a transition to a more sustainable economy. This makes it an attractive choice for environmentally-conscious investors who are keen to align their portfolios with their values without sacrificing exposure to one of the world's most dynamic markets. Ultimately, the Hang Seng Stock Connect China A Low Carbon Index ETF provides a compelling blend of growth potential, sustainability focus, and strategic access to the extended market of China's A-shares, making it a noteworthy consideration for forward-thinking investors.
- Asset Class
- Equity
- Region
- Asia-Pacific
- Issuer
- Hang Seng
- Index Tracked
- Hang Seng Stock Connect China A Low Carbon Select Index - CNY - Benchmark TR Net
- Ticker Symbol
- HK:3038

