RDPD富爸穷爸
2022-04-21

Previously, I had touched on $TRACKER FUND OF HONG KONG(02800)$which mirror the Hang Seng Index for long term investment. While this is a good index ETF, it might not be a suitable choice for investors with small account or investors who wish to accumulate it slowly and progressively over time.

As such, I'm sharing a similar index ETF which mirror HSI that would suit small account investors  $HS HSI ETF(02833)$

What's the difference between $TRACKER FUND OF HONG KONG(02800)$versus $HS HSI ETF(02833)$? I did a comparison and here's my findings 

1) 2800HK offer option and as such have more liquidity due to larger fund size while 2833HK does not allow option and have lesser liquidity

2) 2800HK only allows HKD settlement where as 2833HK allows either HKD or CNY settlement (for CNY settlement, investors need to buy under it under 82833HK)

3) 1 lot of 2800HK come with 500 shares where as 1 lot of 2833HK come with 100 shares. (You could literally own this index ETF with HKD2,100 for each purchase)

4) 2800HK is managed by SSGA with management fee/ expense ratio of 0.1% while 2833HK is managed by Hang Seng Investment Management fee/ expense ratio of 0.05%

5) 2800HK have 66 holdings as compared to 2833HK with 60 holdings

As always, this sharing is for educational purposes only. Please always do research and understand the risks involved in any investment.

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • CyrilDavy
    2022-04-21
    CyrilDavy
    Haha, this kind of investment fund has fewer restrictions, and even if it causes losses, it will not be too high. Awesome.
  • KittyBruno
    2022-04-21
    KittyBruno
    Thanks to the author's recommendation, even one benefit is worth investing in, not to mention five.
  • Bankai
    2022-04-22
    Bankai
    Hope hk stocks recover! Let's go!
  • BorisBack
    2022-04-21
    BorisBack
    As the author said, HS HSI ETF may be more suitable for retail investors like me. I don't have much money.
  • Starlight94
    2022-04-23
    Starlight94
    Later got China crackdown again…
    • RDPD富爸穷爸
      It's best to only buy stocks you have conviction else stay away
    • RDPD富爸穷爸
      This is to avoid sleepness night and unnecessary stress. Hope this helps 😊
  • bobotrader
    2022-04-23
    bobotrader
    thanks for sharing!
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