Ping An of China CSI HK Dividend ETF Earns Top Recognition

Ping An of China CSI HK Dividend ETF Receives Prestigious Award
Ping An of China Asset Management (Hong Kong) Company Limited ("PAAMC HK"), recognized for excellence in offshore asset management, proudly announces that its flagship exchange-traded fund, the Ping An of China CSI HK Dividend ETF (3070/9070), has received the title of "Outstanding Achiever" in the Hong Kong Equity category at the BENCHMARK Fund of the Year Awards.
Recognition for Fund Excellence
This accolade is a testament to the fund's outstanding performance, especially following its impressive track record as a "Best Performer" at the Bloomberg Businessweek Top Fund Awards in both 2023 and 2024. These achievements highlight the ETF's consistent yield performance and strategic management, making it a preferred choice for investors aiming for high dividend exposure in Hong Kong.
Longstanding Performance in the Market
Established in February 2012, the Ping An of China CSI HK Dividend ETF (3070/9070) is recognized as the longest-running ETF focusing on high dividend yields listed in Hong Kong. It has garnered a stellar 5-star rating from Morningstar and has proven its robust performance throughout varying market cycles. The ETF has been eligible under the Capital Investment Entrant Scheme (CIES) for over ten years and became a part of the Southbound-traded Stock Connect Scheme since mid-2024.
Tracking High Dividend Yield Securities
The primary objective of the HK Dividend ETF is to mirror the performance of the CSI HK Dividend Index, which was launched in July 2009. This underlying index aims to provide investors with a portfolio composed of the top 30 securities in terms of high dividend yield, stable dividend payments, and strong liquidity among those listed on the Stock Exchange of Hong Kong.
A Message from Leadership
In response to receiving this esteemed recognition, Mr. Albert Wang, Head of Capital Markets and CIO of PAAMC HK, expressed, "It is a great honor to be recognized by BENCHMARK as an Outstanding Achiever. The HK Dividend ETF serves as a resilient investment choice for those seeking income and stability, especially during times of market volatility and economic uncertainty." Mr. Wang also mentioned the commitment of PAAMC HK to continuously innovate and diversify their product offerings to meet the evolving demands of investors.
A Focus on Excellence
The 2024 BENCHMARK Fund of the Year Awards acknowledges outstanding mutual funds, MPF funds, and ETF providers based on various quantitative metrics sourced from the BlueOnion fund database. The evaluation span covers the entire year of 2024, emphasizing innovation, resilience, and sustainable investment strategies that excel in both performance and risk management along with best ESG practices.
Frequently Asked Questions
What does the award signify for Ping An of China CSI HK Dividend ETF?
The award represents recognition of excellence in fund performance and management in the Hong Kong market.
When was the Ping An of China CSI HK Dividend ETF launched?
The ETF was launched in February 2012, establishing itself as a prominent investment vehicle.
How does the HK Dividend ETF select its underlying securities?
It selects the top 30 securities based on high dividend yield, stable payments, and liquidity within the Hong Kong market.
What is the long-term strategy of the HK Dividend ETF?
To provide stable dividends while tracking the performance of the CSI HK Dividend Index effectively.
Who is the current CIO of PAAMC HK?
The current CIO is Mr. Albert Wang, who leads their capital markets initiatives.
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