Premia Partners, a leading ETF issuer in Hong Kong, is delighted to be recognized by the HKEx as Winner of the 2019 Top Performing ETF – Total Return Award for its Premia CSI Caixin China New Economy ETF, which recorded a 45.2% return during 2019.
- Premia CSI Caixin China New Economy ETF (Tickers: 3173 HK / 9173 HK) tracks the CSI Caixin Rayliant New Economic Engine Index, which captures ~300 leading new economy sector companies listed in the Mainland. The physically replicated ETF is one of the lowest cost China ETFs with total-expense-ratio (TER) of 0.50% p.a.
- Contrary to a conventional market capitalisation approach, companies are selected based on fundamental factors such as non-fixed asset size, financial health and growth characteristics. The diversified portfolio provides investors with a differentiated smart beta approach to participate in China's structural growth and economic transformation, with companies not just in internet, but also healthcare, biotechnology, pharmaceutical, new energy, industrial automation, 5G, cloud computing, IoT, and consumption sectors, and other technology-enabled new economy drivers.