facebook3067 or HST? - Seedly

Advertisement

Anonymous

23 May 2021

General Investing

3067 or HST?

Which do you prefer and why? :)

Discussion (1)

What are your thoughts?

Learn how to style your text

Tan Choong Hwee

23 May 2021

Investor/Trader at Home

Pros and Cons:

  1. 3067 has the lowest TER (0.25%) among all the Hang Seng Tech Index ETFs listed in HKEX and SGX.

  2. However, 3067 will have higher tracking error because they have announced no new investments in sanctioned Chinese companies from 1 Feb 2021 onward:

FSM iShares Hang Seng Tech ETF Announcement

  1. HST has the second lowest TER (0.45%) among all the Hang Seng Tech Index ETFs listed in HKEX and SGX. (Noted that the TER was stated as 0.68% in the above FSM link, but it was revised to 0.45% as seen in FSM HST Factsheet)

  2. 3067 is traded in HKD and HST is in SGD. You need to do your own FX conversion (either with your bank or broker), potentially higher FX cost because HST fund manager probably have better FX rates than individual.

Personally I picked HST because I want a full tracking on HS Tech Index, instead of a distorted tracking. SGD funding is an additional convenience.

Write your thoughts

Advertisement