AsiaNet 89682

HONG KONG, May 24, 2021/PRNewswire=KYODO JBN/--

Samsung Asset Management (Hong Kong) Limited ("SAMHK") today announces the

listing of Samsung NYSE FANG+ ETF (HKD counter: 2814.HK / USD counter: 9814.HK)

- the first ever FANG+ ETF in Hong Kong - on the Stock Exchange of Hong Kong on

25 May 2021. Currently comprised of 10 leading US-listed tech giants, the ETF

sets its initial price at about USD2.5 (or about HKD20) per ETF unit with an

initial investment amount of approximately USD500 (or about HKD3,900) for a

board lot size of 200 ETF units.

The ETF is aiming to track fast-growing US-listed technology stocks at a lower

cost, such as Facebook, Apple, Amazon, Alphabet (Google), Netflix, Alibaba,

Baidu and Tesla, etc. As of 30 April 2021, the underlying index increased by

91.09%* over the past year, significantly outperforming the Hang Seng Index,

S&P 500 and Nasdaq Index.

The ETF will be trading in the Hong Kong time zone with HKD and USD counters,

providing a convenient and effective tool for Asia-based investors to diversify

risks. The constituent companies feature revenue exposure in a broad variety of

technology areas including search, social networking, autonomous driving,

electric vehicles, smartphones, mobile payments, e-commerce, online games,

streaming media, online entertainment, cryptocurrencies and blockchain, big

data, artificial intelligence, machine learning, digital advertising, cloud

services and other innovative technologies.

Mr. Jaekyu Bae, CIO and Deputy CEO at Samsung Asset Management said that, "We

aim at providing Hong Kong investors a wide array of global and regional ETFs.

Our technology ETF suite of Samsung NYSE FANG+ ETF and the existing Samsung CSI

China Dragon Internet ETF (2812.HK) cover most of the tech giants listed in

China and the US, providing investors with diversified choices and forming a

complementary and complete product series."

*Source: Bloomberg, as of 30 April 2021

ETF Details:

Stock Codes: HKD counter: 2814.HK / USD counter: 9814.HK

Initial Investment Amount: Approximately HK$3,900 / US$500

Trade Lot: 200 units

Management Fee: 0.65% p.a.

Underlying Index: NYSE(R) FANG+(TM) Index

Product Website: http://www.samsungetfhk.com/product/2814/

About Samsung Asset Management (Hong Kong) Limited

SAMHK is principally engaged in asset management and securities investment

advisory services in Hong Kong. It holds licenses from the SFC to conduct Type

4 (advising on securities) and Type 9 (asset management) regulated activities.

SOURCE: Samsung Asset Management(Hong Kong)Limited