The 6th "Golden Central" List Revealed: Global X ETFs Hong Kong Wins Two Major Awards, 3416 Awarded Most Innovative ETF

2024-12-18 IDOPRESS

HONG KONG,Dec. 16,2024 -- On the afternoon of December 13,2024,the 6th "2024 Golden Central Forum and Financial Institutions Award Ceremony" was successfully held in Central,Hong Kong. The organizing committee announced the 6th "Golden Central" financial institutions list at the forum,where Global X ETFs Hong Kong stood out with its exceptional financial product services and strong fund management team,winning the awards for "Most Innovative China-Themed ETF Issuer" and "Most Innovative ETF."

The Golden Central Forum has been held six times and has become an authoritative event with a profound impact in the financial sector. This year's forum was co-hosted by Zhitong Finance,Jiuqi Finance,and the Hong Kong Securities Association. We are also honored to be one of the co-organizers,supporting this event alongside CCB International. Additionally,the forum received strategic cooperation from several authoritative organizations,including the Hong Kong China Financial Association and the China Chief Economists Forum.

The awards received by Global X ETFs Hong Kong signify the high recognition from the capital markets and industry for its fund management strategies,product diversification,and market trend insights. They also showcase its leading position and continuous innovation capability in the fields of China-themed ETFs and innovative ETFs.

In the advanced technology sector,Global X ETFs is actively investing in electric vehicles,batteries,semiconductors,cloud computing,robotics,and artificial intelligence,helping investors seize opportunities from technological innovations. The company is also focused on investment opportunities arising from changes in China's demographics,actively investing in the consumer,healthcare,and biotechnology sectors. Furthermore,Global X ETFs is committed to clean energy investments,responding to global sustainable development trends,and focusing on "little giant" companies in China and leaders in overseas expansion stories to uncover growth potential in emerging fields.

In terms of innovative ETFs,leveraging successful experiences from overseas markets and a strong team of fund managers,Global X ETFs has successfully launched the first two covered call strategy ETFs in the Hong Kong market: the Global X HSCEI Components Covered Call Active ETF (3416) and the Global X HIS Components Covered Call Active ETF (3419),providing investors with protection during market volatility or downturns and achieving relatively stable returns.

Looking ahead,Global X ETFs will continue to deepen the development of China-themed ETFs,providing high-quality investment options and promoting sustainable growth. At the same time,Global X ETFs will continue to explore innovative ETFs,offering diversified investment tools to investors at lower fees.

About Mirae Asset Global Investments Group

Mirae Asset Global Investments Group (the "group") is an asset management organization with over US$272 billion in assets under management as of Sep 30,2024[1]. The organization provides a diverse range of investment products including mutual funds,exchange traded funds ("ETFs"),and alternatives. Operating out of 25 offices worldwide,the group has a global team of more than 1,000 employees,including more than 200 investment professionals.

The group's global ETF platform features a line-up of 601 ETFs that offer investors high quality and cost-efficient exposure to newly emerging investment themes and disruptive technologies in the global markets.[2] The group's ETFs have combined assets under management of US$137 billion and are listed in Australia,Canada,Colombia,Europe,Hong Kong (SAR),India,Japan,Korea,Vietnam,the United Kingdom,and the United States.[3]

About Global X ETFs

Global X ETFs was founded in 2008. For more than a decade,our mission has been empowering investors with unexplored and intelligent solutions. Our product line-up features over 384 ETF strategies and over $92 billion in assets under management.[4] While we are distinguished for our Thematic Growth,Income,and International Access ETFs,we also offer Core,Commodity,and Alpha funds to suit a wide range of investment objectives. Global X is a member of Mirae Asset Financial Group,a global leader in financial services,has a presence in 19 global markets and the group's managed assets exceed US$606 billion in assets under management worldwide.[5]

Mirae Asset Global Investments Hong Kong: https://www.am.miraeasset.com.hk/


Global X ETFs Hong Kong: www.globalxetfs.com.hk

Important Information

Investors should not base investment decisions on this website alone. Please refer to the Prospectus for details including product features and the risk factors. Investment involves risks. Past performance is not indicative of future performance. There is no guarantee of the repayment of the principal. Investors should note:

Global X HSI Components Covered Call Active ETF/Global X HSCEI Components Covered Call Active ETF (the "Funds") aims to generate income by primarily investing in constituent equity securities in the Hang Seng Index/Hang Seng China Enterprises Index (the "Reference Index") and selling (i.e. "writing") call options on the Reference Indexes respectively to receive payments of money from the purchaser of call options (i.e. "premium").

The objective of adopting a covered call strategy is to generate income and reduce potential loss against the downward market. Each time the Fund writes a Reference Index Call Option,the Fund receives a premium. If the value of the securities relating to the Reference Index held by the Fund declines,the premium that the Fund received for writing the Reference Index Call Option may reduce such loss to some extent. However,the downside of adopting a covered call strategy is that the Fund's opportunity to profit from an increase in the level of the Reference Index is limited to the strike price of the Reference Index Call Options written,plus the premium received.

The Fund is an ETF which adopts a covered call strategy by (i) investing in constituent equity securities in the Reference Index and the Reference Index ETF and long positions of Reference Index Futures,and (ii) writing call options on the Reference Index. The Fund is one of the first covered call ETFs in Hong Kong. Such novelty makes the Fund riskier than traditional ETFs investing in equity securities.

The Fund employs an actively managed investment strategy. In addition to seeking to obtain exposure to the constituent equity securities in the Reference Index in substantially the same weightings as these securities have in the Reference Index through investing directly in constituent equity securities of the Reference Index and Reference Index ETF and long positions of Reference Index Futures,the Fund also writes call options on the Reference Index. The Fund may fail to meet its objective as a result of the implementation of investment process which may cause the Fund to underperform as compared to direct investments in the constituent equity securities of the Reference Index.

The market value of an Reference Index Call Option may be affected by an array of factors including but not limited to supply and demand,interest rates,the current market price of the Reference Index in relation to the strike price of the Reference Index Call Options,the actual or perceived volatility of the Reference Index and the time remaining until the expiration date. The Fund's ability to utilise Reference Index Call Options successfully will depend on the ability of the Manager to correctly predict future price fluctuations,which cannot be assured and are subject to market behaviour or unexpected events.

If an Reference Index Call Option expires and if there is a decline in the market value of the Reference Index during the option period,the premiums received by the Fund from writing the Reference Index Call Options may not be sufficient to offset the loss realised.

The Fund may write Reference Index Call Options over an exchange or in the OTC market. The Reference Index Call Options in the OTC markets may not be as liquid as exchange-listed options. There may be a limited number of counterparties which are willing to enter into Reference Index Call Options as purchasers or the Fund may find the terms of such counterparties to be less favorable than the terms available for listed options. Moreover,the SEHK may suspend the trading of options in volatile markets. If trading is suspended,the Fund may not be able to write Reference Index Call Options at times that may be desirable or advantageous to do so.

The use of futures contracts involves risks that are potentially greater than the risks of investing directly in securities and other more traditional assets. The risks include but not limited to market risk,volatility risk,leverage risk and negative roll yields and "contango" risk.

Investing in Reference Index Futures and writing Reference Index Call Options generally involve the posting of margin. Additional funds may need to be posted as margin to meet margin calls based upon daily marking to market of the Reference Index Futures and the Reference Index Call Options. Increases in the amount of margin or similar payments may result in the need for the Fund to liquidate its investments at unfavourable prices in order to meet margin calls. If the Fund is unable to meet its investment objective as a result of margin requirements imposed by the HKFE,the Fund may experience significant losses.

Reference Index Futures and Reference Index Call Options are registered,cleared and guaranteed by the HKFE Clearing Corporation. In the event of the bankruptcy of the clearing house,the Fund could be exposed to a risk of loss with respect to its assets that are posted as margin.

To the extent that the constituent securities of the Hang Seng Index are concentrated in Hong Kong listed securities of a particular sector or market,the investments of the Fund may be similarly concentrated. The value of the Fund may be more volatile than that of a fund having a more diverse portfolio of investments. The value of the Fund may be more susceptible to adverse conditions in such particular market/sector.

Global X HSCEI Components Covered Call Active ETFis subject to concentration risk as a result of tracking the performance of a single geographical region or country (Mainland China). Global X HSCEI Components Covered Call Active ETFmay likely be more volatile than a broad-based fund,such as a global equity fund,as it is more susceptible to fluctuations resulting from adverse conditions in Mainland China. In addition,to the extent that the constituent securities of Hang Seng China Enterprises Index are concentrated in Hong Kong listed Mainland securities of a particular sector or market,the investments of Global X HSCEI Components Covered Call Active ETFmay be similarly concentrated. For Global X HSI Components Covered Call Active ETF,to the extent that the constituent securities of Hang Seng Index are concentrated in Hong Kong listed securities of a particular sector or market,the investments of Global X HSI Components Covered Call Active ETF may be similarly concentrated. The value of the Fund may be more volatile than that of a fund having a more diverse portfolio of investments. The value of the Fund may be more susceptible to adverse conditions in such particular market/sector.

The borrower may fail to return the securities in a timely manner or at all. The Fund may as a result suffer from a loss or delay when recovering the securities lent out. This may restrict the Fund's ability in meeting delivery or payment obligations from redemption requests. As part of the securities lending transactions,there is a risk of shortfall of collateral value due to inaccurate pricing of the securities lent or change of value of securities lent. This may cause significant losses to the Fund.

The base currency of the Fund is HKD but the class currencies of the Shares are in HKD,RMB and USD. The Net Asset Value of the Fund and its performance may be affected unfavourably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.

Payments of distributions out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor's original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction in the Net Asset Value per Share of the Fund and will reduce the capital available for future investment.

The trading price of the Fund unit (the "Unit") on the SEHK is driven by market factors such as demand and supply of the Unit. Therefore,the Units may trade at a substantial premium or discount to the Fund's net asset value.

Disclaimer

This document is for Hong Kong investors only. This document is provided for information and illustrative purposes and is intended for your use only. It is not a solicitation,offer or recommendation to buy or sell any security or other financial instrument. The information contained in this document has been provided as a general market commentary only and does not constitute any form of regulated financial advice,legal,tax or other regulated services.

Certain of the statements contained in this document are statements of future expectations and other forward-looking statements. Views,opinions and estimates may change without notice and are based on a number of assumptions which may or may not eventuate or prove to be accurate. Actual results,performance or events may differ materially from those in such statements.

Investment involves risk. Past performance is not indicative of future performance. It cannot be guaranteed that the performance of the Funds will generate a return and there may be circumstances where no return is generated or the amount invested is lost. It may not be suitable for persons unfamiliar with the underlying securities or who are unwilling or unable to bear the risk of loss and ownership of such investment. Before making any investment decision,investors should read the Prospectus for details and the risk factors. Investors should ensure they fully understand the risks associated with the Funds and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investment.

Information and opinions presented in this document have been obtained or derived from sources which in the opinion of Mirae Asset Global Investments (Hong Kong) Limited ("MAGIHK") are reliable,but we make no representation as to their accuracy or completeness. We accept no liability for a loss arising from the use of this document.

Products,services and information may not be available in your jurisdiction and may be offered by affiliates,subsidiaries and/or distributors of MAGIHK as stipulated by local laws and regulations. This document is not directed to any person in any jurisdiction where the availability of this document is prohibited. Persons in respect of whom such prohibitions apply or persons other than those specified above must not access this document. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction. Please consult with your professional adviser for further information on the availability of products and services within your jurisdiction.

This document is issued by MAGIHK (Licensed by the Securities and Futures Commission for Types 1,4 and 9 regulated activities under the Securities and Futures Ordinance). This document has not been reviewed by the Securities and Futures Commission or the applicable regulator in the jurisdiction in which this article is posted and no part of this publication may be reproduced in any form,or referred to in any other publication,without express written permission of MAGIHK.

Copyright © 2024 Mirae Asset Global Investments. All rights reserved.

[1] Source:Mirae Asset Global Investments,Sep 30,2024.

[2]Source: Mirae Asset Global Investments,2024.

[3]Source: Mirae Asset Global Investments,2024.

[4]Source: Mirae Asset Global Investments,2024.

[5]Source: Mirae Asset Financial Group,Jun 30,2024.

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