Fubon ICE FactSet Asia Battery and Energy Storage Technology Index ETF

Important Information

• Fubon ICE FactSet Asia Battery and Energy Storage Technology Index ETF (the “Sub-Fund”) is a sub-fund of Fubon ETF Series II OFC (the “Company”), which is a public umbrella open-ended fund company established under Hong Kong law with variable capital with limited liability and segregated liability between sub-funds.

• Registration with and authorisation by the SFC do not represent a recommendation or endorsement of the Company or the Sub-Fund nor do they guarantee the commercial merits of the Company, the Sub-Fund or their performance. They do not mean the Company or the Sub-Fund are suitable for all investors nor do they represent an endorsement of their suitability for any particular investor or class of investors.

• The Sub-Fund is a passively managed index tracking exchange traded fund (“ETF”)  It is denominated in USD and traded in HKD on the Stock Exchange of Hong Kong Limited (the “SEHK”).

• The investment objective of the Sub-Fund is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the ICE FactSet® Asia Battery and Energy Storage Technology Index (Net Total Return) (“Index”) which tracks the performance of companies listed on selected Asian exchanges that derive majority of revenues from industries related to battery and energy storage technology.  There is no assurance that the Sub-Fund will achieve its investment objective.

• The Sub-Fund’s investments are concentrated in companies listed on Asian exchanges that are involved in battery and energy storage technology industry.  The value of the Sub-Fund is subject to risks associated with Asian markets and emerging markets.  It may be more volatile than that of a fund investing in a more developed market and / or having a more diverse investment portfolio. 

• The Index is a newly launched index and therefore the Sub-Fund may be riskier than other ETFs tracking more established indices with longer operating history.

• The Sub-Fund is subject to risks associated with the battery and energy storage technology industry, such as competition pressures, development of alternative sources of energy, demand for energy conservation, rapid obsolescence of products, substantial capital expenditures, government intervention and trade protectionism etc.  These may harm the business and operating results of companies in such industry.

• The Sub-Fund invests in companies listed on the stock exchanges in Mainland China, including those listed on the ChiNext market and/or the Science and Technology Innovation Board (the “STAR Board”) through the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect (collectively, the “Stock Connect”).  The Sub-Fund is therefore subject to risks relating to the China A-share market, the Stock Connect, the ChiNext market and/or the STAR Board, PRC tax and Renminbi currency and conversion.

• The Sub-Fund is subject to risk associated with small-capitalisation / mid-capitalisation companies.  The prices of such companies are more volatile to adverse economic developments than those of larger capitalisation companies in general.

• The Sub-Fund is passively managed and the Manager / the Sub-Manager will not have the discretion to adapt to market changes nor take defensive positions in declining markets.  It may also be subject to tracking error risk.

• The Sub-Fund is subject to trading risks that its shares may trade at a substantial premium or discount to its net asset value.  It is also subject to trading differences risk due to the different trading hours of SEHK and the other Asian stock exchanges; and China A-shares are subject to trading bands which restrict changes in the trading price.  These may increase the level of premium/discount of the Sub-Fund share price to its net asset value.

• The Sub-Fund is also subject to equity market risk, currency risk, early termination risk and reliance on market maker risks.

• The Sub-Fund pays distributions (if any) in USD only.  Shareholders are advised to check with their brokers concerning arrangements for distributions.

• The Sub-Fund may pay dividends out of capital and/or effectively out of capital, which amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investments.  Any such distributions may result in an immediate reduction of the net asset value per share.

• Investment involves risks and your investment in the Sub-Fund may suffer losses.  You should not make investment decision on the basis of this material alone.  Please read the prospectus and the product key facts statement of the Sub-Fund for further details including the risk factors.


Investment Objective

The investment objective of Fubon ICE FactSet Asia Battery and Energy Storage Technology Index ETF is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the Index.  There is no assurance that the fund will achieve its investment objective.

Intra-day Estimated NAV

  Date Time HKD
Intra-day Estimated NAV 13/05/2024 13:02 5.170

Market Price

Intra-day Market Price is at least 15 minutes delay
Market Information
  Last Date Change Change (%)
NAV per Unit in USD (official) 0.6693 10/05/2024 -0.0038 -0.5646
NAV per Unit in HKD (for reference only) 5.2300 10/05/2024 -0.0300 -0.5703
Closing Price for Trading unit in HKD 5.2300 10/05/2024 -0.0400 -0.7590
Appropriation
Underlying Index Information

Underlying Index

ICE FactSet® Asia Battery and Energy Storage Technology Index (Net Total Return)

Index Provider

ICE Data Indices, LLC

Base Currency of Index

USD

Inception Date

2 December 2022

Type of Underlying Index

The Index is a rules-based, modified float-adjusted market capitalization-weighted equity benchmark designed to track the performance of companies listed on selected Asian exchanges that derive majority (50% or more) of revenues from industries related to battery and energy storage technology, such as the manufacturing of batteries and related metal and chemical materials, technologies, and storage equipment in the battery value chain.

Bloomberg Ticker

ICFSABEN (Net Total Return)

Trading Information

Exchange Listing

SEHK – Main Board

Listing Date

25 April 2023

Stock Code

3405

Stock Short Name

FB ASIA EGY STR

Trading Board Lot Size

200 shares

Trading Currency

Hong Kong dollar (HKD)

ISIN Code

HK0000926664

Bloomberg Ticker

3405 HK

Participating Dealers

Citigroup Global Markets Asia Limited

Haitong International Securities Company Limited

Huatai Financial Holdings (Hong Kong) Limited

Mirae Asset Securities (HK) Limited

Valuable Capital Limited
Market Makers
Flow Traders Hong Kong Limited
Investor education
Announcements
Market Price IFRAME
Tracking Error

Tracking Difference

Tracking Error

As of 30/4/2024

Product initial issue date: 25/4/2023

Rolling 1-year TD: -0.9574%

As of 30/4/2024

Product initial issue date: 25/4/2023

Rolling 1-year TE^: 2.0389%
^TE is measured by the standard deviation of the daily TD.
The standard deviation is calculated based on the daily TD over the rolling one year period.


Product's performance is calculated on an NAV-to-NAV basis without any reinvestment of distributions.

1.  Intra-day Market Price refers to the market price of Fubon ICE FactSet Asia Battery and Energy Storage Technology Index ETF on the date and at the time specified above, quoted from the Stock Exchange of Hong Kong Limited (the “SEHK”).

2.  Change of the Closing NAV per Unit indicates the change of the Closing NAV per Unit since previous Dealing Day. Please refer to the Prospectus for more information on the determination of NAV and the definition of Dealing Day.

3.  Changes of the Closing price indicates the change of the closing price since previous SEHK trading day. Source of Closing Price: Bloomberg.

4. Underlying Index returns are for illustrative purposes only and are not indicative of future results. Underlying Index returns do not reflect any management fees, transaction costs or expenses. Change indicates the change since the last closing index level. Source: ICE Data Indices, LLC, Bloomberg.

Source: Fund performance and index data are provided by Fubon Fund Management and the relevant index providers (if applicable) respectively.

Index Provider Disclaimer

Source ICE Data Indices, LLC (“ICE Data”), is used with permission. “ICE SM/®” is a service/trade mark of ICE Data Indices, LLC or its affiliates. These trademarks have been licensed, along with the Index for use by Fubon Fund Management (Hong Kong) Limited (the “Licensee”) in connection with the Sub-Fund. Neither the Licensee, the Company nor the Sub-Fund, as applicable, is sponsored, endorsed, sold or promoted by ICE Data Indices, LLC, its affiliates or its third party suppliers (“ICE Data and its Suppliers”). ICE Data and its Suppliers make no representations or warranties regarding the advisability of investing in securities generally, in the Sub-Fund particularly, the Company or the ability of the Index to track general stock market performance. ICE Data’s only relationship to the Licensee is the licensing of certain trademarks and trade names and the Index or components thereof. The Index is determined, composed and calculated by ICE Data without regard to the Licensee or the Sub-Fund or its holders. ICE Data has no obligation to take the needs of the Licensee or the holders of the Sub-Fund into consideration in determining, composing or calculating the Index. ICE Data is not responsible for and has not participated in the determination of the timing of, prices of, or quantities of the Sub-Fund to be issued or in the determination or calculation of the equation by which the Sub-Fund is to be priced, sold, purchased, or redeemed. Except for certain custom index calculation services, all information provided by ICE Data is general in nature and not tailored to the needs of the Licensee or any other person, entity or group of persons. ICE Data has no obligation or liability in connection with the administration, marketing, or trading of the Sub-Fund. ICE Data is not an investment advisor. Inclusion of a security within an index is not a recommendation by ICE Data to buy, sell, or hold such security, nor is it considered to be investment advice.

ICE DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM (“INDEX DATA”). ICE DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND THE INDEX DATA, WHICH ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR OWN RISK.

The investment product(s) mentioned in this material is/are authorized by the Securities and Futures Commission ("SFC") in Hong Kong. Such authorization does not imply any official recommendation by the SFC. This material and the information contained in this material shall not be regarded as an offer or solicitation of business in any jurisdiction to any person to whom it is unlawful to offer or solicit business in such jurisdictions. This material is not intended for distribution in any jurisdiction outside of Hong Kong and it is only intended for the user who received this document from Fubon Fund Management (Hong Kong) Limited (“Fubon Fund Management”). This material should not be considered as an offer or solicitation to deal in any investment products. If you wish to receive advice on investment, please consult your professional legal, tax and financial advisers.

Fubon Fund Management which prepared this material believes that information in this material is based upon sources that are believed to be accurate, complete, and reliable. However, Fubon Fund Management does not warrant the accuracy and completeness of the information, and shall not be liable to the recipient or controlling shareholders of the recipient resulting from its use. Fubon Fund Management is under no legal obligation to keep the information up-to-date. This material should not be reproduced or made available to others without the written consent of Fubon Fund Management. Please refer to the offering documents for the index provider disclaimer.

This material is prepared by Fubon Fund Management and has not been reviewed by the SFC in Hong Kong.

Issuer: Fubon Fund Management (Hong Kong) Limited