The ETF, launched on Aug 2, 2021, has an annual distribution cycle at the discretion of the fund manager.
The Lion-OCBC China Leaders ETF aims to replicate as closely as possible, before expenses, the performance of the Hang Seng Stock Connect China 80 Index using a direct investment policy of investing in all, or substantially all, of the underlying stocks.
The index is designed to measure the overall performance of the 80 largest Chinese companies in terms of market capitalisation listed in Hong Kong and/or mainland China that are eligible for Northbound or Southbound trading under the Stock Connect schemes.
