Fullgoal Launches ETF Linking Hong Kong and U.S. Robotics Stocks

Fullgoal Asset Management (HK) has launched the Fullgoal Hang Seng HK-US Robotics ETF (3093), tracking the Hang Seng HK-US Robotics Theme Index. The benchmark selects 20 stocks from each market based on their relevance to robotics, assessed using natural language processing of company disclosures. It allocates 65% to Hong Kong and 35% to the United States, with individual holdings capped at 5% or 10% depending on their subsector. The index rebalances quarterly and spans robotics systems, semiconductors, industrial equipment and related businesses. The ETF invests 50%–100% of NAV directly in index constituents and may invest up to 50% in funded total return swaps. Units trade in Hong Kong dollars in lots of 100. The annual management fee and estimated ongoing charges are 0.90%; swap costs are borne by the fund. Distributions are discretionary and may be paid from capital.