Ping An of China Asset Management (Hong Kong) launches two Nasdaq thematic ETFs listed on the Hong Kong Stock Exchange

December 10, 2018

Ping An of China Asset Management (Hong Kong) launches two Nasdaq thematic ETFs listed on the Hong Kong Stock Exchange

Ping An of China Asset Management (Hong Kong) Co., Ltd., one of the leading asset managers in the region, is pleased to announce the launch of two exchanged-traded funds (ETFs) - Ping An Nasdaq 5 HANDL ETF (Stock Code: 3198) and Ping An Nasdaq AI & Robotics ETF (Stock Code: 3023) listed on the Hong Kong Stock Exchange today. 

Leveraging on Systematic, Quantitative and Scientific investment methodologies, Ping An ETFs are meant to offer investors a vehicle with inherent transparency, consistency, low fees and passive management. 

Ping An Nasdaq 5HANDL ETF offers exposure to a balanced portfolio and Ping An Nasdaq AI & Robotics ETF is a thematic allows investors to ride on the global AI and Robotics trend. 

Ping An Nasdaq 5HANDL tracks the Nasdaq 5HANDL, which tracks a diversified, multi-asset portfolio of low-cost ETFs with an objective to maximize risk-adjusted returns while supporting a targeted (but not guaranteed) 5% annual distribution rate. 

Ping An Nasdaq AI & Robotics ETF tracks the Nasdaq CTA Artificial Intelligence and Robotics Index, which is designed to track the performance of companies engaged in the artificial intelligence and robotics segment of the technology, industrial, medical and other economic sectors. 

“There are multiple factors driving risk and return of a portfolio,” said Chi Kit Chai, Head of Capital Markets and CIO at Ping An. “Factor based investing can provide investors with relatively transparent and cost-efficient way to construct a return and risk optimized portfolio in a systematic fashion, allowing investors to achieve diversification benefits and better risk-adjusted returns than traditional market cap-weighted indexes.” 

The new ETF brings the number of Ping An ETFs to four, which helps investors to perform asset allocation in a more efficient manner. “The increasing adoption of ETFs by asset managers in recent years has resulted in an over 50% contribution in terms of global funds allocation and is increasingly gaining traction in Asia. Fundamentally, smart beta seeks to improve returns, reduce risk and increase diversification while delivering greater exposure to the market.” said Mona Chung, Head of ETF and Cross Asset Investment at Ping An

“The Nasdaq CTA Artificial Intelligence and Robotics Index and the Nasdaq 5HANDL are landmark indexes that demonstrate our industry’s ability to drive economic growth and create new areas of opportunity, which is happening with a particular intensity in the APAC region” said Dave Gedeon, Vice President and Head of Research and Development for Nasdaq Global Indexes. “Nasdaq CTA Artificial Intelligence and Robotics Index serves as an important benchmark for tracking the adoption of AI across a broad range of economic sectors. The Nasdaq 5HANDL index represents a first for Nasdaq in China as an ETF of ETFs, and this model proves how sophisticated investors can leverage indexing to create unique income opportunities.” 

Table 1:

ETF Name
Ping An Nasdaq 5HANDL ETFPing An Nasdaq AI & Robotics ETF
Stock Code
Underlying Index
Nasdaq 5HANDL IndexNasdaq CTA Artificial Intelligence and Robotics Index
Management Fee
0.55% (per annum)0.55% (per annum)
The Stock Exchange of Hong KongThe Stock Exchange of Hong Kong

About Ping An Ping An of China Asset Management (Hong Kong) Co., Ltd. (“Ping An Asset Management (HK)”) was established in May 2006, and is a wholly-owned subsidiary of the Ping An Group (2318.HK). Ping An Asset Management (HK) is licensed under the Securities and Futures Commission (SFC) in Hong Kong to carry on Type 1 (dealing in securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities. 

Ping An Asset Management (HK) accepts investment mandates from a diverse group of private and institutional clients, including other subsidiaries of the Ping An Group as well as external clients. Ping An Asset Management (HK) manages exchange-traded funds (ETFs) listed on the Hong Kong Stock Exchange and unit trust for the retail market. Ping An Asset Management (HK) also provides Qualified Domestic Institutional Investors (QDII) and Qualified Foreign Institutional Investors (QFII)/ Renminbi Qualified Foreign Institutional Investors (RQFII) advisory services to institutions. 

The information contained in this material is for reference only and do not constitute any investment advice or solicitation. You shall not make any investment decision relying on this material. Investments involve risks, and securities prices may go down as well as up; past performance is not indicative of future performance. The author has endeavored to ensure the accuracy and reliability of all information (including data) provided, but the information shall not be interpreted as a guideline for consumers. The Company accepts no responsibility or liability for any loss or damages suffered by any person due to any inaccuracy or omission in respect of any information provided in the material. 

Investors should read the prospectus and Product Key Facts Statement ("KFS") of the investment product (the “Offering Document”) carefully for further details including product features and risk factors, and consider their own investment objectives and other circumstances before investing in the investment product. 

Nasdaq® is a registered trademark of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

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