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 G2 Tech ETF (the “Fund”)’s investment objective is to provide investment results that, before fees and expenses, closely correspond to the performance of the Mirae Asset G2 Tech Index (the “Index”).
- The Fund will primarily use a full replication strategy through investing directly in constituent stocks of the Index in substantially the same weightings in which they are included in the Index (the “Replication Strategy”).
- Where the adoption of the Replication Strategy is not efficient or practicable or where the Manager considers appropriate in its absolute discretion, the Manager may pursue a representative sampling strategy and hold a representative sample of the constituent securities of the Index selected by the Manager using rule-based quantitative analytical models to derive a portfolio sample (the “Representative Sampling Strategy”).
- The Index is a new index. The Index has minimal operating history by which investors can evaluate its previous performance. There can be no assurance as to the performance of the Index. The Fund may be riskier than other exchange traded funds tracking more established indices with longer operating history.
- Due to the concentration of the Index in the technology sector, the performance of the Index may be more volatile when compared to other broad-based stock indices. The price volatility of the Fund may be greater than the price volatility of exchange traded funds tracking more broad-based indices.
- The Fund has high exposure to technology themes. The technology business is subject to complex laws and regulations including privacy, data protection, content regulation, intellectual property, competition, protection of minors, consumer protection and taxation. These laws and regulations are subject to change and uncertain interpretation, and could result in claims, changes to the business practices, monetary penalties, increased cost of operations or declines in user growth, user engagement or advertisement engagement, or otherwise harm the technology business. All these may have impact on the business and/or profitability of the technology companies that may be invested by the Fund and this may in turn affect the Net Asset Value of the Fund.
- The base currency of the Fund is USD but the trading currencies of the Fund are in HKD 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.
- 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 trading price of the Shares on the SEHK is driven by market factors such as the demand and supply of the Shares. Therefore, the Shares may trade at a substantial premium or discount to the Fund’s Net Asset Value.
- 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.
At the Center Stage of Global Technology Innovation
As we enter 2025, the rise of Chinese companies in cutting-edge technology sectors such as AI, humanoid robots, and autonomous driving is gaining global attention to China’s innovation capabilities, and reigniting the spotlight on the US-China technology arms race. China’s large talent pool, highly sophisticated but often overlooked supply chain, and growing scientific research capability is starting to bear fruit, while leading US corporates remain at the forefront of technology innovation, leveraging their established R&D infrastructure, vast financial resources, and strong academic foundations. From a more holistic perspective, US and China stand out as the top two countries in terms of research and development investments, attracting top talent, and producing high-impact publications across almost all crucial technology domains.
Global X G2 Tech ETF (3402 HK)
Riding on the AI wave as bolstered by strong DeepSeek traction, Global X G2Tech ETF delivered attractive return since its launch on 10 January, outperforming major US Tech indices and other broad-based global indices. The combination of US and China technology stocks offer more balanced exposure for investors to benefit from the growth potentials in both markets. For US, AI is one of the most important technology of our time. It is still early days in AI development, and we see significant room to grow in the AI industry. For China, robust digital ecosystem offers ample monetization opportunities for internet giants, and the strong performance of Chinese LLMs like DeepSeek V3/R1 and Qwen 2.5-Max ignite hopes for China AI development and adoptions. Additionally, China’s world leading EV supply chain fosters globally competitive EV and battery brands.
China and US tech stocks have demonstrated low correlation historically, and the inclusion of both markets offer better portfolio diversification, leading to appealing risk-adjusted returns compared to peer indices. From absolute return perspective, G2Tech index (includes back-testing data before launch) can benefit from the positive developments in both markets, including the GenAI-driven US market growth in past 2.5 years, policy-driven China market rally in September 2024, and the latest AI/Tech rally in China market. Compared to other broad-based global funds, G2Tech offers higher return potential through exposure to high growth stocks.
Global X G2 Tech ETF (3402) |
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Listing Date | 10 Jan 2025 |
Reference Index | Mirae Asset G2 Tech Index2 |
Primary Exchange | Hong Kong Stock Exchange |
Total Expense Ratio | 0.68% p.a.1 |
Product Page | Link |
Source: Mirae Asset; Data as of February 2025.