Bringing you live news and features since 2006 

Hong Kong

Vanguard launches first S&P 500 ETF on the Hong Kong Stock Exchange

RELATED TOPICS​

Vanguard has launched the first S&P 500 exchange traded fund on the Hong Kong Stock Exchange bringing the number of Vanguard ETF offerings on the exchange to five.

The Vanguard S&P 500 Index ETF provides Hong Kong investors with an opportunity to further diversify their portfolios with broad US equity exposure, which represents approximately 500 leading companies in leading industries of the US economy.

With a total expense ratio (TER) of 0.25 per cent annually, it is the lowest cost US equity ETF available in Hong Kong.

Vanguard Asia Regional Managing Director Shelly Painter says: "Today's launch of the Vanguard S&P 500 Index ETF demonstrates our ongoing commitment to the Hong Kong market, and provides investors with another core building block to build a globally diversified portfolio.

"As with the four ETFs we have previously launched, this product has a low total expense ratio, allowing investors to keep more of their returns.

"Together with our existing line-up, Developed Europe (3101), Japan (3126), and Asia ex Japan (2805), with just four ETFs investors can access close to 80% of the world's total equity market capitalisation representing around 2,200 stocks across 30 countries for a weighted-average TER of 0.26%5. Our equity income ETF, Asia ex Japan High Dividend Yield (3085), offers exposure to higher yielding stocks across Asia ex Japan with a TER as low as 0.45 per cent.”

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by