Mirae Asset Bolsters Suite of Fixed Income ETFs with its Global X US Treasury 0-3 Month ETF - Global X ETFs Hong Kong

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Mirae Asset Bolsters Suite of Fixed Income ETFs with its Global X US Treasury 0-3 Month ETF

December 13, 2024, Hong Kong – Mirae Asset Global Investments (Hong Kong) Limited, (the “Firm” or “Mirae Asset”) today announced the launch of its new Global X US Treasury 0-3 Month ETF (3440 / 9440). The fund, which begins trading on the Hong Kong Stock Exchange (“HKEX”) today, provides investors with convenient access to US Treasury Bills.

Short-term US Treasury Bills are renowned for their resilience against interest rate risks, offering investors a pathway to reduced volatility. Boasting US T-bills with Moody’s AAA rating as its underlying assets, the Global X US Treasury 0-3 Month ETF (3440 / 9440), the first US T-bills ETF listed in Hong Kong, presents a reliable investment option. With a current index yield of 4.49% as of November 30, 2024, this ETF stands out as an appealing choice, providing both attractive yields and high quality for income-oriented investors.

Accessing the US Treasury market could be inconvenient for Hong Kong investors due to factors such as differing trading hours and different trading venue. The Global X US Treasury 0-3 Month ETF (3440 / 9440) serves as an investment vehicle for Hong Kong investors to trade US T-bills during Hong Kong local trading hours.

Ms. Xinyi Sun, Head of Fixed Income ETF Portfolio Management of Mirae Asset Global Investment (Hong Kong) Limited, stated “We are delighted to introduce this Global X US Treasury 0-3 Month ETF (3440 / 9440) to the market, a strong addition to our suite of fixed income ETFs. With launch of this product, we cover both US T-bills and T-notes through our ETFs to cater different risk appetites.”

Mr. Wanyoun CHO, Chief Executive Officer of Mirae Asset Global Investments (Hong Kong) Limited, said: ” The launch of this ETF signifies a meaningful step as we expand our presence in the fixed-income ETF market in Hong Kong. We are committed to offering unique and innovative products to our investors, solidifying our position in the vibrant ETF market in Hong Kong.”

The Global X US Treasury 0-3 Month ETF (3440 / 9440) tracks the ICE 0-3 Month US Treasury Bill Index. With this new ETF, the Firm now offers a total of 34 ETFs listed in Hong Kong, including 6 fixed income ETFs, spanning a diverse array of investment capabilities from thematic growth, income, core to commodities.

13 Dec 2024

Date : 13 Dec 2024

Category : Press Releases

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