Fubon FTSE Taiwan RIC Capped Index ETF

Important Information

  • Fubon FTSE Taiwan RIC Capped Index ETF (the “Sub-Fund”) is a sub-fund of Fubon ETF Series OFC (the “Company”), which is a public umbrella open-ended fund company established under Hong Kong law with variable capital with limited liability and segregated liability between sub-funds.
  • Registration with and authorisation by the SFC do not represent a recommendation or endorsement of the Company or the Sub-Fund nor do they guarantee the commercial merits of the Company, the Sub-Fund or their performance. They do not mean the Company or the Sub-Fund are suitable for all investors nor do they represent an endorsement of their suitability for any particular investor or class of investors.
  • The Sub-Fund is a passively managed index tracking exchange traded fund (“ETF”)  It is denominated in USD and offers shares in both listed and unlisted classes. Shares in the listed class are traded in HKD on The Stock Exchange of Hong Kong Limited (the “SEHK”).
  • The investment objective of the Sub-Fund is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the FTSE Taiwan RIC Capped Index (“Index”) which represents the performance of Taiwan large and mid-capitalisation stocks. There is no assurance that the Sub-Fund will achieve its investment objective.
  • The Sub-Fund’s investments are concentrated in Taiwan.  The value of the Sub-Fund is subject to risks associated with Taiwan and emerging markets, as well as concentration risk.  It may be more volatile than that of a fund investing in more developed markets and/or having a more diverse investment portfolio.
  • The Sub-Fund is subject to risk associated with mid-capitalisation companies.  The prices of such companies are more volatile to adverse economic developments than those of larger capitalisation companies in general.
  • The Sub-Fund is passively managed and the Manager / Sub-Manager will not have the discretion to adapt to market changes nor take defensive positions in declining markets.  It may also be subject to tracking error risk.
  • Investors in shares of the listed class and unlisted classes are subject to different pricing and dealing arrangements. The net asset value per share in respect of the listed class and unlisted classes may be different due to different fees and cost applicable to each class.
  • The listed class of the Sub-Fund is subject to trading risks that the shares in the listed class may trade at a substantial premium or discount to their net asset value. It is also subject to trading time differences risk due to the different trading hours of SEHK and the Taiwan Stock Exchange. This may increase the level of premium/discount of the share price to its net asset value.
  • The Sub-Fund is also subject to equity market risk, currency risk, early termination risk and (in respect of the listed class) reliance on market maker risks.
  • The Manager may, at its discretion, pay distributions out of capital or out of gross income while all or part of the fees and expenses are charged to capital, resulting in an increase in distributable income for the payment of distributions and therefore, distributions may be paid effectively out of capital. Payment of dividends out of capital and/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 investments. Any such distributions may result in an immediate reduction of the net asset value per share of the relevant class.
  • Investment involves risks and your investment in the Sub-Fund may suffer losses. You should not make investment decision on the basis of this material alone. Please read the prospectus and the product key facts statement of the Sub-Fund for further details including the risk factors.



Investment Objective

The investment objective of Fubon FTSE Taiwan RIC Capped Index ETF (the “Sub-Fund”) is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the Index. There is no assurance that the Sub-Fund will achieve its investment objective.

Market Information
  Last Date Change Change (%)
NAV per Unit in USD (official) 1.0732 21/11/2024 -0.0101 -0.9323
NAV per Unit in HKD (for reference only) 8.3500 21/11/2024 -0.0800 -0.9490
Closing Price for Trading unit in HKD 8.2600 21/11/2024 -0.1050 -1.2552

Appropriation
Underlying Index Information

Underlying Index

FTSE Taiwan RIC Capped Index

Index Provider

FTSE International Limited

Base Currency of Index

USD

Inception Date

29 September 2017

Type of Underlying Index

The Index is a price return index, which calculates the performance of the Index constituents without adjustments for cash dividends or warrant bonuses.

Bloomberg Ticker

FTTWNPR

Trading Information

Exchange Listing

SEHK – Main Board

Listing Date

13 January 2022

Stock Code

3021

Stock Short Name

FB TW CAPPED

Trading Board Lot Size

200 Units

Trading Currency

Hong Kong dollar (HKD)

SEDOL Code

BP6FSY3

ISIN Code

HK0000817111

Bloomberg Ticker

3021 HK

Participating Dealers

China International Capital Corporation Hong Kong Securities Limited
Haitong International Securities Company Limited
Mirae Asset Securities (HK) Limited
The Hongkong and Shanghai Banking Corporation Limited
Valuable Capital Limited
Citigroup Global Markets Asia Limited

Market Makers

Flow Traders Hong Kong Limited

Investor education
Announcements
Market Price IFRAME
Tracking Error

Tracking Difference

Tracking Error

As of 31/10/2024

Product listing date: 13/1/2022

Rolling 1-year TD: 1.1354%

As of 31/10/2024

Product listing date: 13/1/2022

Rolling 1-year TE^: 4.3562%
^TE is measured by the standard deviation of the daily TD.
The standard deviation is calculated based on the daily TD over the rolling one year period.



Product's performance is calculated on an NAV-to-NAV basis without any reinvestment of distributions.

1.  Intra-day Market Price refers to the market price of Fubon FTSE Taiwan RIC Capped Index ETF on the date and at the time specified above, quoted from the Stock Exchange of Hong Kong Limited (the “SEHK”).

2.  Change of the Closing NAV per share indicates the change of the Closing NAV per share since previous Dealing Day. Please refer to the Prospectus for more information on the determination of NAV and the definition of Dealing Day.

3.  Changes of the Closing price indicates the change of the closing price since previous SEHK trading day. Source of Closing Price: Bloomberg.

4. Underlying Index returns are for illustrative purposes only and are not indicative of future results. Underlying Index returns do not reflect any management fees, transaction costs or expenses. Change indicates the change since the last closing index level. Source: FTSE, Bloomberg.

 

Source: Fund performance and index data are provided by Fubon Fund Management and the relevant index providers (if applicable) respectively.

 

Index Provider Disclaimer

The Sub-Fund has been developed solely by Fubon Fund Management (Hong Kong) Limited (the “Licensee”). The Sub-Fund is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies.

All rights in the Index vest in the relevant LSE Group company which owns the Index. “FTSE®” is a trade mark(s) of the relevant LSE Group company and is/are used by any other LSE Group company under license.

The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Sub-Fund. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Sub-Fund or the suitability of the Index for the purpose to which it is being put by the Licensee.

 

 

The investment product(s) mentioned in this material is/are authorized by the Securities and Futures Commission ("SFC") in Hong Kong. Such authorization does not imply any official recommendation by the SFC. This material and the information contained in this material shall not be regarded as an offer or solicitation of business in any jurisdiction to any person to whom it is unlawful to offer or solicit business in such jurisdictions. This material is not intended for distribution in any jurisdiction outside of Hong Kong and it is only intended for the user who received this document from Fubon Fund Management (Hong Kong) Limited (“Fubon Fund Management”). This material should not be considered as an offer or solicitation to deal in any investment products. If you wish to receive advice on investment, please consult your professional legal, tax and financial advisers.

Fubon Fund Management which prepared this material believes that information in this material is based upon sources that are believed to be accurate, complete, and reliable. However, Fubon Fund Management does not warrant the accuracy and completeness of the information, and shall not be liable to the recipient or controlling shareholders of the recipient resulting from its use. Fubon Fund Management is under no legal obligation to keep the information up-to-date. This material should not be reproduced or made available to others without the written consent of Fubon Fund Management. Please refer to the offering documents for the index provider disclaimer.

This material is prepared by Fubon Fund Management and has not been reviewed by the SFC in Hong Kong.

Issuer: Fubon Fund Management (Hong Kong) Limited