Key stats
About MIRAE ASSET GBL INVMTS (HK)LTD GLOBAL X HSI COMPONENTS COVERED ETF
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Inception date
Feb 28, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
Mirae Asset Global Investments (Hong Kong) Ltd.
ISIN
HK0000978962
The investment objective of the Sub-Fund is to generate income by primarily (i) investing in constituent equity securities in the Hang Seng Index (the “Reference Index” or the “HSI”), and (ii) selling (i.e. “writing”) call options on the Reference Index to receive payments of money from the purchaser of call options (i.e. premium”).
Classification
What's in the fund
Exposure type
Finance
Cash
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
3419 trades at 10.55 HKD today, its price hasn't changed in the past 24 hours. Track more dynamics on 3419 price chart.
3419 net asset value is 10.45 today — it's risen 2.49% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
3419 assets under management is 83.54 M HKD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
3419 price has risen by 2.04% over the last month, and its yearly performance shows a 1.44% increase. See more dynamics on 3419 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.49% over the last month, showed a −2.76% decrease in three-month performance and has increased by 1.88% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.49% over the last month, showed a −2.76% decrease in three-month performance and has increased by 1.88% in a year.
3419 fund flows account for 56.30 M HKD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
3419 invests in stocks. See more details in our Analysis section.
3419 expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, 3419 isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, 3419 technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 3419 shows the strong buy signal. See more of 3419 technicals for a more comprehensive analysis.
Today, 3419 technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 3419 shows the strong buy signal. See more of 3419 technicals for a more comprehensive analysis.
Yes, 3419 pays dividends to its holders with the dividend yield of 13.70%.
3419 trades at a premium (0.54%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
3419 shares are issued by Mirae Asset Global Investments Co., Ltd.
3419 follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 28, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.