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The Hong Kong Securities and Futures Commission announced the facilitation of feeder ETFs, allowing eligible investors to invest in overseas listed E

CointimeCointime2024/05/16 16:04
By:Cointime

The Securities and Futures Commission (SFC) of Hong Kong released a circular today allowing SFC-authorized exchange-traded funds (ETFs) that adopt the feeder fund structure to invest in overseas listed ETFs from different markets, including active ETFs, subject to certain conditions. Ms. Cai Fengyi, Executive Director of Investment Products at the SFC, said that further simplifying the regulations applicable to ETFs will save costs and provide flexibility for ETF issuers, broaden investment options for investors, and ensure an appropriate level of investor protection. This move will also enhance Hong Kong's competitiveness in attracting overseas ETFs and consolidate its position as an excellent asset management hub.

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Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

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