Ping An of China CSI HK Dividend ETF Awarded Top Performer Honor for Second Consecutive Year
The Ping An of China Asset Management (Hong Kong) Company Limited, known as PAAMC HK, has received significant acclaim in the financial sector. The firm recently announced that its flagship exchange-traded fund (ETF), the Ping An of China CSI HK Dividend ETF (3070/9070), has been awarded the title of "Best Performer" in the Equity - ETFs (NAV Total Return 1 Year category) at the prestigious Bloomberg Businessweek (Chinese Edition) Top Fund Awards 2024. This recognition marks a notable achievement, as the same fund was honored in the equivalent category during the previous year’s awards as well.
This ETF, which focuses on high-dividend yielded securities in the Hong Kong market, was launched in February 2012 and has become the longest running ETF in this segment within the region. Receiving a top rating of five stars from Morningstar, the HK Dividend ETF has not only maintained impressive performance even amid market fluctuations but also gained significant respect from investors seeking reliable dividends. As of December 2024, the fund's assets under management soared to HK$2.068 billion, showcasing an impressive annual return of 36.03%. The ETF has demonstrated annualized total returns of 8.5% since its inception.
The aim of the Ping An of China CSI HK Dividend ETF is to align closely with the CSI HK Dividend Index, which has been tracking the performance of high dividend yield securities on the Hong Kong Stock Exchange since its establishment. This index filters and identifies the top 30 securities that exhibit high liquidity, stable dividends, and significant size, making it a valuable tool for investors searching for low-risk income opportunities in an unpredictable economic climate.
Albert Wang, who serves as the Head of Capital Markets and Chief Investment Officer of PAAMC HK, expressed his pride in the ETF’s continuous recognition, stating, "It is truly an honor to be consistently recognized as Best Performer at the Bloomberg Businessweek Top Fund Awards. The Underlying Index of HK Dividend ETF focuses on companies with large size, high liquidity, high dividend yield, and stable distribution, making it a compelling choice for investors seeking income and stability."
The Bloomberg Businessweek Top Fund Awards is acknowledged for its thorough evaluation process, utilizing Bloomberg Terminal data to assess market performances and historical returns from various funds, further establishing the credibility of the awarded funds.
Ping An Asset Management is dedicated to providing innovative investment solutions to meet the evolving needs of investors, especially during times of heightened market volatility. With a commitment to maintaining high standards of investment performance and customer service, PAAMC HK looks forward to paving new pathways in the financial investment sector.
In addition, the Ping An of China CSI HK Dividend ETF has been approved under the Capital Investment Entrant Scheme (CIES) for over a decade and is included in the Southbound Stock Connect Scheme initiated in July 2024. These additional qualifications further enhance the ETF’s reputation and accessibility to a broader range of investors.
Overall, the Ping An of China CSI HK Dividend ETF stands as a testament to the strategic vision and execution by PAAMC HK, catering specifically to investors looking for stability and income in the dynamic landscape of Hong Kong’s financial market.
This ETF, which focuses on high-dividend yielded securities in the Hong Kong market, was launched in February 2012 and has become the longest running ETF in this segment within the region. Receiving a top rating of five stars from Morningstar, the HK Dividend ETF has not only maintained impressive performance even amid market fluctuations but also gained significant respect from investors seeking reliable dividends. As of December 2024, the fund's assets under management soared to HK$2.068 billion, showcasing an impressive annual return of 36.03%. The ETF has demonstrated annualized total returns of 8.5% since its inception.
The aim of the Ping An of China CSI HK Dividend ETF is to align closely with the CSI HK Dividend Index, which has been tracking the performance of high dividend yield securities on the Hong Kong Stock Exchange since its establishment. This index filters and identifies the top 30 securities that exhibit high liquidity, stable dividends, and significant size, making it a valuable tool for investors searching for low-risk income opportunities in an unpredictable economic climate.
Albert Wang, who serves as the Head of Capital Markets and Chief Investment Officer of PAAMC HK, expressed his pride in the ETF’s continuous recognition, stating, "It is truly an honor to be consistently recognized as Best Performer at the Bloomberg Businessweek Top Fund Awards. The Underlying Index of HK Dividend ETF focuses on companies with large size, high liquidity, high dividend yield, and stable distribution, making it a compelling choice for investors seeking income and stability."
The Bloomberg Businessweek Top Fund Awards is acknowledged for its thorough evaluation process, utilizing Bloomberg Terminal data to assess market performances and historical returns from various funds, further establishing the credibility of the awarded funds.
Ping An Asset Management is dedicated to providing innovative investment solutions to meet the evolving needs of investors, especially during times of heightened market volatility. With a commitment to maintaining high standards of investment performance and customer service, PAAMC HK looks forward to paving new pathways in the financial investment sector.
In addition, the Ping An of China CSI HK Dividend ETF has been approved under the Capital Investment Entrant Scheme (CIES) for over a decade and is included in the Southbound Stock Connect Scheme initiated in July 2024. These additional qualifications further enhance the ETF’s reputation and accessibility to a broader range of investors.
Overall, the Ping An of China CSI HK Dividend ETF stands as a testament to the strategic vision and execution by PAAMC HK, catering specifically to investors looking for stability and income in the dynamic landscape of Hong Kong’s financial market.
Topics Financial Services & Investing）
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