Ping An of China CSI HK Dividend ETF Recognized for Excellence
Ping An of China Asset Management (Hong Kong) Company Limited, the offshore arm of the internationally renowned Ping An Insurance, is immensely proud to announce that its premier exchange-traded fund, the Ping An of China CSI HK Dividend ETF, has been awarded the title of 'Outstanding Achiever' in the Hong Kong Equity category at the BENCHMARK Fund of the Year Awards.
Highlighting Exceptional Performance
This commendation comes on the heels of the ETF's remarkable performance, having received the accolade for 'Best Performer' in the Equity – ETFs (NAV Total Return 1 Year) category at the Bloomberg Businessweek Top Fund Awards for two consecutive years. This reflects the fund's sustained performance and its rigorous investment strategy, appealing to those looking for high-dividend opportunities in the vibrant Hong Kong market.
A Historical Overview of the ETF
Launched in early 2012, the Ping An of China CSI HK Dividend ETF has become the longest-standing ETF in Hong Kong focusing specifically on high dividend yield assets. This fund not only holds a prestigious 5-star rating from Morningstar but has also shown resilience through various market fluctuations. Furthermore, it has been a part of the Capital Investment Entrant Scheme for over a decade and was included in the Southbound-traded Stock Connect Scheme from mid-2024.
Investment Strategy and Objectives
The primary goal of the HK Dividend ETF is to track the performance of the CSI HK Dividend Index, initiated on July 23, 2009. The index is designed to reflect the movements of high dividend yield securities in Hong Kong by selecting 30 stocks with a reliable track record of dividends, strong liquidity, and favorable dividend yields from the overall pool of securities listed on the Hong Kong Stock Exchange.
Commitment to Investors
Albert Wang, who heads Capital Markets and serves as CIO of PAAMC HK, expressed his gratitude for the recognition, stating, "We are truly honored to be acknowledged as an Outstanding Achiever by BENCHMARK. The HK Dividend ETF presents a dependable option for investors seeking income and stability, especially during turbulent times in the market. We strive to enhance our offerings with innovative solutions addressing the evolving needs of investors and market dynamics."
The Importance of Sustainable Strategies
The BENCHMARK Fund of the Year Awards for 2024 are designed to honor outstanding funds and management firms based on detailed quantitative analyses found in the BlueOnion fund database. The evaluation period spans from January 1, 2024, through December 31, 2024. This year's awards celebrated innovation and resilience, recognizing exemplary fund strategies that not only excel in investment performance but also in risk management and sustainable practices.
Frequently Asked Questions
What is the Ping An of China CSI HK Dividend ETF?
The Ping An of China CSI HK Dividend ETF is an exchange-traded fund that focuses on high-dividend yield securities in the Hong Kong market.
When was the ETF launched?
The ETF was launched in February 2012, making it the longest-running ETF in its category in Hong Kong.
What awards has the ETF received?
The ETF has recently been awarded the title of Outstanding Achiever at the BENCHMARK Fund of the Year Awards and has received Best Performer accolades in recent years.
What is the main investment strategy of the ETF?
The ETF aims to track the CSI HK Dividend Index, selecting high-yield securities based on strong liquidity and dividend payment stability.
Who leads the management of the ETF?
The management of the ETF is led by Albert Wang, who holds the position of Head of Capital Markets and Chief Investment Officer at PAAMC HK.
