Description

ChinaAMC Hong Kong Banks ETF is an exchange traded fund launched and managed by BMO Global Asset Management (Asia) Limited. It invests in the public equity markets of Hong Kong. The fund seeks to invest in the stocks of companies operating in the banking sector. It invests in the stocks of companies across all market capitalizations, with a minimum market capitalization of US $500 million. The fund seeks to replicate the performance of the NASDAQ Hong Kong Banks Index, by investing in the stocks of companies as per their weightings in the index. ChinaAMC Hong Kong Banks ETF was formed on November 5, 2014 and is domiciled in Hong Kong.