The Deacons Financial Services team recently assisted Fubon Fund Management (Hong Kong) Limited (Fubon) with the launch of the Fubon Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index ETF. It was listed on The Stock Exchange of Hong Kong on 8 July 2022.
This ETF is a new sub-fund under Fubon ETF Series OFC and tracks the Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index which represents the overall performance of the 30 highest net-dividend yielding stocks among sizable securities listed in Shanghai, Shenzhen or Hong Kong that have demonstrated relatively lower price volatility and a persistent dividend payment record for the latest three fiscal years..
As the fifth exchange traded product launched by Fubon, the ETF supplements the existing suite of Fubon’s investment product offerings. Deacons has previously advised Fubon in setting up other exchange traded products, which primarily focus on tracking the performance of the Taiwan equity market.
The Deacons team was led by Partner Pinky Siu and Associate Goofy Chan.
