Overview
Description
The ABF Pan Asia Bond Index Fund is an exchange-traded fund (ETF) that focuses on investment in Asian government bonds. Its primary purpose is to offer investors a diversified exposure to the bond markets in Asia, specifically targeting the region's government securities. The fund seeks to replicate the performance of the iBoxx ABF Pan-Asia Index, which includes bonds issued by eight Asian economies: China, Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore, and Thailand. By investing in this fund, participants gain access to a wide array of sovereign and quasi-sovereign bonds reflecting the underlying index's regional allocation and interest rate risk characteristics. Managed by a consortium of financial institutions, the ABF Pan Asia Bond Index Fund plays a crucial role in providing liquidity and price transparency in Asian fixed-income markets, aiding investors looking to hedge currency exposure or diversify portfolios with stable, income-generating assets emanating from the dynamic markets of Asia.
About
Instrument type
Common stock
Sector
Industry
Country
Hong Kong
MIC code
XHKG