HONG KONG–(Company WIRE)–CSOP Asset Management Limited (“CSOP”) is honoured to announce the listing of CSOP World-wide Sensible Driving Index ETF (inventory ticker: 3162.HK) on the Hong Kong Inventory Trade (the “HKEX”). CSOP World wide Sensible Driving Index ETF (3162.HK) will track the performance of the Solactive Global Clever Driving Index (the “Index”). With listing cost at all-around HKD 7.8 for each unit, buying and selling large amount of 100 shares and once-a-year administration fee of .99%, CSOP World Wise Driving Index ETF will start off to trade on 12 August, 2021. On inception, CSOP International Clever Driving Index ETF (3162.HK) has received all-around USD 5.3 million first investment decision.
Sensible driving refers to a complete sophisticated and integrated business chain of cars, which involves electrical cars (“EV”), biodiesel gasoline and battery procedure, autonomous control electronics, semiconductors producing and other similar industries. Wise driving maximizes motor motor vehicle gas efficiency, increases driving basic safety and car routine maintenance, and even further adds usefulness to motorists. As sustainable remedies turn into a vital trend worldwide in modern a long time, intelligent driving field has begun to flourish. World EV penetration is estimated to reach 92.3% in 2050, when compared to 2.9% in 2020.1 With the government’s guidance for the creation of an intelligent auto ecosystem, the scale of worldwide EV is anticipated to solution USD 600 billion by 2025, about 6 situations the scale of 2020.2 Sensible driving has also become a important battlefield amid the world’s automobile makers, tech giants and even important economies. Corporations have submitted in excess of 60,000 patents around the globe as of November 2020, with extra than 80% focusing on at autonomous motor vehicles (“AV”) and EV.3 Boosted by the principle of inexperienced investing, a flood of money has been hurrying into a wide variety of clever driving relevant corporations that make electric powered vehicles, renewable vitality and the like. As of October 2020, buyers have poured virtually USD 330 billion into mobility technologies, with two-thirds likely to autonomous engineering and smart mobility and the relaxation heading to connectivity and electrical vehicles.4
The Solactive World Wise Driving Index comprehensively invests in up to 50 most agent world leaders listed on U.S., mainland China and Hong Kong. These companies symbolize advanced technological progress in the sensible driving sector, focusing on electrical automobiles, semiconductor manufacturing and related modern sectors. Based on historic back-tests facts, the index returns 82.88% around the prior 12 months.5 Weighted by no cost-float market place capitalization of constituents and rebalanced quarterly, the index intends to capture the quickly-rising potential of international intelligent driving business in a scientific and timely way. As the close of July 2021, the overall market cap of the index is USD 2.6 trillion.6 Innovatively adopting a actual physical consultant sampling strategy to replicate the index, CSOP International Clever Driving Index ETF (3162.HK) presents buyers with international financial investment prospects of intelligent driving sector in an quick and clear way.
As an founded ETF supervisor in Hong Kong, CSOP has normally been committed to delivering ETFs/ETPs to global investors for 9 years. The long run-themed ETFs that CSOP has currently introduced satisfy investors’ rising wants for investing in the future, giving them a whole exposure to the rising thematic market place. The launch of CSOP Worldwide Intelligent Driving Index ETF (3162.HK) further more completes CSOP’s thematic ETF spectrum.
“CSOP’s long term thematic ETFs have ran hot on a boom in investors’ desire. CSOP Hold Seng TECH Index ETF(3033.HK), CSOP Yinhua CSI 5G Communications Theme ETF(3193.HK)7and CSOP World Cloud Computing Technologies Index ETF(3194.HK) current the opportunities of technology development. CSOP China Health care Disruption Index ETF(inventory ticker: 3174.HK) discovers the price of the health care sector CSOP Huatai-PineBridge CSI Photovoltaic Field ETF(3134.HK)8 and the newly-launched CSOP World wide Smart Driving Index ETF (3162.HK) ride on the development of environmentally friendly everyday living. As a result of these upcoming-themed ETFs, investors can easily capture the financial investment prospects of a smarter, greener and much healthier upcoming.” Feedback Melody He, Taking care of Director, Head of Business Growth.
About CSOP Asset Management Limited
CSOP Asset Administration Limited (“CSOP”) was started in 2008 as the first offshore asset manager established up by a regulated asset management organization in China. With a dedicated focus on China investing, CSOP manages general public and private cash, as very well as providing expense advisory services to Asian and world buyers. In addition, CSOP is best recognized as an ETF leader in Asia. As of 31 March 2021, CSOP has a lot more than USD 10 billion in belongings beneath management.
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Issuer: CSOP Asset Administration Restricted
Be sure to refer to the offering documents for the index company disclaimer.
Vital: Investment decision consists of challenges. Investment value may rise or slide. Earlier functionality data introduced is not indicative of upcoming performance. Investors ought to refer to the Prospectus and the Product or service Crucial Details Statement for more aspects, which include merchandise capabilities and risk components. Investors ought to not base on this materials alone to make investment decision selections.
Solution Threat Disclosure
CSOP International Intelligent Driving Index ETF
- CSOP Global Clever Driving Index ETF (the “Sub-Fund”) is not principal confirmed and your investments may possibly undergo losses. There is no assurance that the Sub-Fund will realize its financial investment goal.
- Solactive World Good Driving Index (the “Index”) is a new index. The Sub-Fund may perhaps be riskier than other trade traded money monitoring a lot more set up indices with more time functioning record.
- The Index is issue to focus threat as a final result of monitoring the functionality of providers energetic in the wise driving sector. This may possibly outcome in higher volatility in the price of the Sub-Fund than much more various portfolios which comprise wide-dependent investments. Whilst the businesses are based throughout the world, the Index is subject matter to geographical concentration dangers as a end result of tracking the general performance of mostly the US, PRC mainland and Hong Kong listed firms that have organization operations in the subject of wise driving. The benefit of the Sub-Fund may perhaps be a lot more prone to adverse economic, political, policy, overseas trade, liquidity, tax, lawful or regulatory party affecting the US, PRC mainland and Hong Kong markets.
- The buying and selling value of the Shares on the SEHK is driven by marketplace aspects these types of as the demand and provide of the Shares. Therefore, the Shares may well trade at a considerable high quality or price cut to the Sub-Fund’s NAV
Please be aware that the over stated financial investment pitfalls are not exhaustive and buyers really should examine the Prospectus and the Products Key Info Assertion in element just before producing any expenditure decision.
1 Source: Morgan Stanley Investigate, February 2021
2 Supply: SPDB International, Passenger Federation, InsideEVs, IDC, IBISWorld
3 Source: McKinsey & Business, Mobility’s future: An investment decision actuality verify, 14 April 2021
4 Source: McKinsey & Corporation, Mobility’s future: An financial investment fact test, 14 April 2021
5 Resource: Solactive AG, 2 August 2021
6 Supply: Bloomberg
7 CSOP Yinhua CSI 5G Communications Concept ETF is a feeder fund. Its learn fund, Yinhua CSI 5G Conversation ETF, is not authorized by the Securities and Futures Commission for immediate presenting to the general public in Hong Kong.
8 CSOP Huatai-PineBridge CSI Photovoltaic Industry ETF is a feeder fund. Its master fund, Huatai-PineBridge CSI Photovoltaic Industry ETF, is not approved by the Securities and Futures Commission for direct presenting to the general public in Hong Kong.