The US$13.6 billion Tracker Fund, Hong Kong’s largest exchange-traded fund, will stop adding new investments in sanctioned stocks to comply with a US executive order. Photo: AFP The US$13.6 billion Tracker Fund, Hong Kong’s largest exchange-traded fund, will stop adding new investments in sanctioned stocks to comply with a US executive order. Photo: AFP
The US$13.6 billion Tracker Fund, Hong Kong’s largest exchange-traded fund, will stop adding new investments in sanctioned stocks to comply with a US executive order. Photo: AFP
Business /  Companies

Hong Kong retail investors, pensioners to feel the pinch as Tracker Fund falls in line with US sanctions and out of sync with Hang Seng Index

  • Set up in Hong Kong 21 years ago, the fund is managed by State Street Global Advisors Asia, which must follow United States regulations
  • Tracker Fund is the most widely held investment by Hongkongers

Topic |   US sanctions on China
Enoch Yiu
Enoch Yiu

Updated: 4:44pm, 24 Feb, 2021

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The US$13.6 billion Tracker Fund, Hong Kong’s largest exchange-traded fund, will stop adding new investments in sanctioned stocks to comply with a US executive order. Photo: AFP The US$13.6 billion Tracker Fund, Hong Kong’s largest exchange-traded fund, will stop adding new investments in sanctioned stocks to comply with a US executive order. Photo: AFP
The US$13.6 billion Tracker Fund, Hong Kong’s largest exchange-traded fund, will stop adding new investments in sanctioned stocks to comply with a US executive order. Photo: AFP
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