Samsung Asset Management (Hong Kong) Limited ("SAMHK") announced the launch of the first APAC metaverse theme active ETF in Hong Kong in July, titled Samsung Asia Pacific ex NZ Metaverse Theme ETF (Exchange Ticker: 3172.HK).
The listing is set to go live on July 7, 2022, on the Stock Exchange of Hong Kong ("SEHK"). The ETF sets the listing price at HKD15, board lot size of 50 units, price per lot is HK$750. The ETF is expected to be the first global APACblockchain ETF in Asia, whose management fees will be charged 0.85% per annum.
Samsung said the new ETF is "a simple tool that can help investors investing in Metaverse related industries in APAC ex NZ." According to the company, the categories that will be considered may include but are not limited to augmented reality/virtual reality, artificial intelligence, social media, online gaming, digital transactions, devices, platforms and content.
As of now, the company has not shared an official announcement for the details of its top 10...
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