Horizons Exchange Traded Funds

Hong Kong website


Quick links:

Main navigation menu:

Sub navigation menu:


Physical and Synthetic ETFs

In terms of replication methodology, there are two types of ETFs: Physical ETFs and Synthetic ETFs. A Physical ETF invests in securities that replicate or represent the composition of the index it tracks, and a Synthetic ETF uses financial derivative instruments (such as swaps and performance-linked structured products issued by counterparties) to track index performance. Since Synthetic ETFs invest in over-the-counter derivatives issued by counterparties, these ETFs are exposed to the credit risk of the derivative counterparties.

Our current Hong Kong listed sub-funds of Horizons Exchange Traded Funds Series are physical ETFs.

Contact us now

Would you like to learn more about us? Send us an email with your questions and our customer service representative will respond to you shortly.

Click here to contact us

© 2017 Mirae Asset Global Investments (Hong Kong) Limited. All rights reserved.


Sitemap:

This website is intended for Hong Kong investors only. Your use of this website means you agree to our Terms of use. This website is strictly for information purposes only and does not constitute a representation that any investment strategy is suitable or appropriate for an investor’s individual circumstances. Further, this website should not be regarded by investors as a substitute for independent professional advice or the exercise of their own judgement. The contents of this website is prepared and maintained by Mirae Asset Global Investments (Hong Kong) Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong.