Premia Partners launches Premia China STAR50 ETF at TER of 0.58% p.a. as low-cost tool

Premia Partners

PR90875

 

Premia Partners launches Premia China STAR50 ETF at TER of 0.58% p.a. as low-cost tool for opportunities from China's growth in hardcore technology and innovation sectors

 

HONG KONG, July 28, 2021 /PRNewswire=KYODO JBN/ --

 

Premia Partners, a leading ETF provider in Hong Kong, announces today listing

of Premia China STAR50 ETF on HKEX.

 

This physically replicated ETF offers the most cost-efficient and convenient

access to emerging leaders on STAR Board of the Shanghai Stock Exchange.

 

Premia China STAR50 ETF (https://etfprod.premia-partners.com/etf/3151)  

(Tickers: 3151 HKD / 9151 USD/ 83151 RMB) with total expense ratio (TER) of

0.58% p.a., tracks the SSE Science and Technology Innovation Board 50 Index,

covering the 50 largest STAR Board companies by market capitalisation. The

strategy captures China's emerging leaders across strategic industries

characterized by hardcore technology, high R&D and scientific innovations

ranging from semiconductor, new materials, green economy to biotech, biomedical

cold chain provider and more. The strategy also provides diversification

benefits given low correlation with China ADRs and mainstream global markets.

 

"We are delighted to launch the ETF at this opportune time as investors

increasingly become interested in the STAR Board as they broaden China

allocation for long term growth opportunities," said Rebecca Chua, Managing

Partner of Premia Partners. "Consistent with all Premia ETFs, it is designed as

a low-cost and transparent allocation tool for international investors to

access STAR Board opportunities, which are not fully accessible through the

Stock Connect."

 

"The STAR 50 Index is the first flagship index to capture the most

representative stocks and CDR constituents of the STAR Board, with broad

representation and distinct innovation industry focus," said Suyuan Lu, General

Manager of China Securities Index Company (CSI). "We have maintained very good

rapport with Premia Partners through our years of collaboration, and look

forward to working more closely together, to assist international investors

better access the China opportunities through more relevant and best practice

solutions."

 

About Premia Partners

 

Founded in 2016, Premia Partners is one of the leading ETF managers from Hong

Kong, dedicated to building low-cost, efficient, best practice ETFs for Asia.

As of July 28th 2021, Premia Partners manages 9 ETFs including Premia CSI

Caixin China New Economy ETF(https://etfprod.premia-partners.com/etf/3173)

which is the 4th largest China A-shares ETF in Hong Kong. For more information

on Premia ETFs covering China(https://etfprod.premia-partners.com/etf/3173),

Emerging ASEAN(https://etfprod.premia-partners.com/etf/2810), Asia Innovative

Technology(https://etfprod.premia-partners.com/etf/3181),

Vietnam(https://etfprod.premia-partners.com/etf/2804), China high yield

bonds(https://etfprod.premia-partners.com/etf/3001), China government

bonds(https://etfprod.premia-partners.com/etf/2817) and US

Treasury(https://etfprod.premia-partners.com/etf/9077), please visit

www.premia-partners.com

 

SOURCE:  Premia Partners

 

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