Tracker Fund of Hong Kong
| Company type | Fund |
|---|---|
| SEHK: 2800 | |
| Founded | 1999 |
| Founder | HKSAR Government |
| Headquarters | , |
| Website | www |
| Tracker Fund of Hong Kong | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chinese | 盈富基金 | ||||||||||||
| |||||||||||||
Tracker Fund of Hong Kong or TraHK is an index exchange-traded fund (ETF) which provides investment results that correspond to the performance of the Hang Seng Index in the Hong Kong stock market.
History
In 1998, the Hong Kong SAR Government acquired a substantial portfolio of Hong Kong shares to sustain linked exchange rate during the Asian Financial Crisis. To minimise disruption to the market, the Government chose to launch the initial public offering (IPO) of an ETF, "the Tracker Fund of Hong Kong", in 1999 as the first step in its disposal programme. State Street Global Advisors (SSGA) was appointed as the Fund Manager and State Street Bank and Trust Company (SSBT) was appointed as the Trustee of TraHK.[1][2]
In March 2022, Hang Seng Investment Management, a wholly owned subsidiary of the Hang Seng Bank, replaced SSGA as manager of the TraHK.[3]
References
- ^ "About us | TraHK". www.trahk.com.hk. Hang Seng Investment Management Limited. Retrieved 15 June 2025.
- ^ Chan, Norman T. L. (12 November 2009). "10th Anniversary of Listing of TraHK". Hong Kong Monetary Authority.
- ^ Yiu, Enoch (29 March 2022). "Hong Kong names Hang Seng to run TraHK, ending State Street's mandate". South China Morning Post. Archived from the original on 25 April 2022. Retrieved 4 January 2024.