Top Qs
Timeline
Chat
Perspective
Tracker Fund of Hong Kong
From Wikipedia, the free encyclopedia
Remove ads
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.
Remove ads
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) and State Street Bank and Trust Company (SSBT) were appointed as the fund manager and the trustee of TraHK, respectively.[1][2]
In March 2022, Hang Seng Investment Management, a wholly owned subsidiary of the Hang Seng Bank, replaced SSGA as the manager of TraHK.[3] In October 2025, HSBC Institutional Trust Services (Asia) Limited, a wholly owned subsidiary of HSBC Holding plc, replaced SSBT as the trustee of TraHK.[4][1]
Remove ads
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads
