Lion-OCBC Securities Hang Seng TECH ETF

sCuzzZy

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Lion-OCBC Securities Hang Seng TECH ETF (SGX: HST)

INVESTORS will have easier access to Hong Kong-listed technology stocks next month, as OCBC works towards the listing of Singapore's first tech-focused exchange-traded fund on the Singapore Exchange.

The Lion-OCBC Securities Hang Seng TECH ETF will track the Hang Seng TECH Index, which is made up of the top 30 technology companies listed in Hong Kong by market capitalisation.

As at end-October, the index's five largest constituents by weight were Tencent, Meituan Dianping, Sunny Optical, Alibaba and Ali Health.

The index returned 36.25 per cent in 2019 and 35.30 per cent in the first half of this year.

Investors will be able to trade as few as 10 units each time. As the issue price is S$1.34 per unit, this means a single trade can cost less than S$20 - excluding commissions and fees. The ETF will also be available in US dolllars, priced at US$1 per unit.

https://www.businesstimes.com.sg/co...list-singapores-first-tech-focused-etf-on-sgx
 
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sCuzzZy

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Sounds like an interesting buy.
Conflicted between this as im already vested in 3032.
 

MrHighlander

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Hmm I have been eyeing this as well

Also 3067

Anyone know the difference between 3067 and 3032 ?
 

Weaboo

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Sounds like an interesting buy.
Conflicted between this as im already vested in 3032.

rooks better than 3032 due to lower expense ratio/mgmt fee

but 3067 has 0.25% mgmt fee... 20 bps lower than this lion etf
 

sCuzzZy

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Yea still pending more information. Should know more details soon.

This one would be in sgd/usd.
 

wira

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realised theres a few of these so called HANG SENG tech etf like 3033, 3067 and 3032 and now this OCBC ver.

Any advise whats the difference ?
 

Rainbow1112

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Just read through the prospectus. Ipo need to purchase a minimum of 500k units. Crazy for retail investor. Retail can only buy once it's listed bah..
 

Rainbow1112

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realised theres a few of these so called HANG SENG tech etf like 3033, 3067 and 3032 and now this OCBC ver.

Any advise whats the difference ?

Different fund manager and fees. They might also have different investment strategy to replicate the index.
 

skpuppy

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Likely low AUM. Singapore also have 1 S&P500 etf but most ppl choose SPY, VOO and IVV. Don’t waste time la
 

DevilPlate

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Likely low AUM. Singapore also have 1 S&P500 etf but most ppl choose SPY, VOO and IVV. Don’t waste time la

Yeah, but i am hoping otherwise.

I am old skool, still prefer my shares/etf resides in CDP for those that I intend to hold long term.

I am willing to pay slightly higher mgnt fees as long liquidity is there.
 

DevilPlate

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Just read through the prospectus. Ipo need to purchase a minimum of 500k units. Crazy for retail investor. Retail can only buy once it's listed bah..

Better to wait till it is listed to see AUM etc.

Anyway, i am still waiting for further correction on Tech stocks. 🤞
 
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