Bringing you live news and features since 2006 

HSBC AM launches global semiconductor ETF


HSBC Asset Management has launched the HSBC Nasdaq Global Semiconductor UCITS ETF, on the London Stock Exchange, with further listings expected in Europe in the coming weeks.

The fund aims to replicate the performance of the Nasdaq Global Semiconductor Index, which is comprised of the 80 largest global semiconductor companies. This will include companies that supply semiconductors to the automotive, wireless communications, computing and consumer sectors. It will invest in the constituents of the index largely in the same proportions in which they are included.

Olga de Tapia, Global Head of ETF & Indexing Sales, HSBC AM, says: “Semiconductors are key for the future of many technology-based industries and are also expected to play an important role in the transition to net-zero through enabling clean technologies. 

“We feel that this addition to our tech thematic product suite captures a long running secular trend which sits at the heart of the digital revolution” 

Cameron Lilja, Vice President, Head of Index Research & Development, Nasdaq says: “Semiconductors are essential to many aspects of modern society with increasing importance for rapidly evolving technologies. Leveraging our rules-based and transparent indexes, we are pleased to partner with HSBC AM, bringing investment products that enable investors to gain meaningful exposure to these pioneering companies who are reshaping the world economy.”

Latest News

Sprott Asset Management, a wholly-owned subsidiary of Sprott Inc has announced the launch of four ETFs focused on providing investors..
Tradeweb Markets Inc. has reported total trading volume for January 2023 of USD23.2 trillion (tn). Average daily volume (ADV) for..
Strive Asset Management has launched its eighth index fund: the Strive Emerging Markets Ex-China ETF (STXE). The firm writes that..
Some big forces moved further into ETF issuance this week, with Capital Group launching 12 new active/passive model portfolios, and..

Related Articles

We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
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