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Mirae Asset Horizons Hang Seng High Dividend Yield ETF (Stock Code: 3110)

Ideal growth with high dividends

  • The Hang Seng High Dividend Yield Index broadly covers Hong Kong and China stocks which is more risk diversified.
  • The China and Hong Kong markets valuation remains low in the past 10 years, consistent company earning leads market price up trend and with higher expected company earnings supporting potential rise in values.
  • Higher dividend yield expectation compared to the standard index.
  • The volatility and higher Sharpe Ratio compared to standard index.[1]

Why dividend yield matters?

  • Dividends significantly contribute to the total returns over the long run.
  • Compounding effect of dividends adds more to the total expected return.
  • Over the past 5 years (by semi-annual estimations), performance of the Hang Seng High Dividend Yield Index surpassed the Hang Seng Index 60% of the time.[2]

Features of Mirae Asset Horizons Hang Seng High Dividend Yield ETF:

  • The number of constituents in the Underlying Index is fixed at 50. The market universe includes large-cap or mid-cap constituents of the Hang Seng Composite Index and Hang Seng REIT Index.
  • The Hang Seng High Dividend Yield Index has outperformed the Hang Seng Index by 17.3% since August 2008. [1]
Source: Bloomberg (data as of 31st May, 2015)
Source: Bloomberg (data as of 31st Dec, 2014)


  • Certain information contained in this website is compiled from third party sources. Whilst Mirae Asset Global Investments (Hong Kong) Limited (“Mirae Asset HK”) has, to the best of its endeavor, ensured that such information is accurate, complete and up-to-date, and has taken care in accurately reproducing the information, it shall have no responsibility or liability whatsoever for the accuracy of such information or any use or reliance thereof. Mirae Asset HK accepts no liability for any loss or damage of any kind resulting out of the unauthorized use of this website. The information contained in this website is for information purposes only and does not constitute any recommendation, offer or solicitation to buy, sell or subscribe to any securities or financial instruments in any jurisdiction. Investment involves risk. It cannot be guaranteed that the performance of the Fund will generate a return and there may be circumstances where no return is generated or the amount invested is lost. Past performance is not indicative of future performance. Before making any investment decision to invest in the Fund, investors should read the Fund’s prospectus for details and the risk factors. Investors should ensure they fully understand the risks associated with the Fund and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investments. The Fund’s prospectus is available on this website.
  • References to particular sectors, securities or companies are for general information and illustrative purposes only and are not recommendations to buy or sell a security, or an indication of the issuer’s holdings at any one time.
  • Investors should note that the Fund differs from a typical retail fund as units of the Fund may only be created and realized by participating dealers in large unit sizes. This website is prepared and maintained by Mirae Asset HK and has not been reviewed by the Securities and Futures Commission of Hong Kong.
  • Please read the disclaimer in relation to the Hang Seng High Dividend Yield Index in the Fund’s prospectus.