E Fund Management (Hong Kong) Co., Limited has launched a new exchange-traded fund (ETF) that tracks the performance of the global gold mining sector.
Sign up to our free newsletters
By ETFWorld.co.uk
Sharon Wang, CEO of E Fund HK
The product, which marks the first collaboration between E Fund HK and German index company Solactive, was listed on the Hong Kong Stock Exchange (HKEX) on 30 January 2026.
The fund, called E Fund (HK) Solactive Global Gold Miner Select Index ETF, tracks the Solactive Global Gold Miner Select Index. This index selects 30 globally listed companies engaged in gold mining. The unique feature of the methodology is the defined allocation of 65% of the index weighting to constituents listed in Hong Kong. To be included, these must be eligible for Southbound Trading through the Shanghai-Hong Kong or Shenzhen-Hong Kong Stock Connect programmes.
Index Methodology and Composition
Companies are selected based on sector classification and ranked by free-float market capitalisation. The index draws from major global exchanges: the Hong Kong Stock Exchange, the New York Stock Exchange (NYSE), NASDAQ, the Australian Stock Exchange (ASX) and the Toronto Stock Exchange (TSX). A cap of 15% is placed on the weighting of each individual constituent to limit excessive concentration.
Market Context and Opportunities
The launch comes at a time of renewed interest in gold as a defensive asset, in response to geopolitical uncertainties and high volatility in global equity markets. At the same time, the development of the Hong Kong stock market and the evolution of the local mining sector have attracted investors’ attention to this segment.
Unlike a physical gold ETF, which directly tracks the price of the metal, a gold mining ETF exposes investors to the operational and financial performance of mining companies. This can amplify, positively or negatively, changes in the price of gold, offering a potentially different risk/return profile.
Timo Pfeiffer, Chief Markets Officer at Solactive, said:
“ We are delighted to join forces with E Fund Management (Hong Kong) on their first ETF project using the Solactive index. This collaboration not only underscores our shared ambition to provide innovative, high-quality indexing solutions, but also reflects the growing dynamism of the Hong Kong ETF market. We are pleased to support E Fund’s continued growth in the region with tailored strategies that connect global themes with the needs of local investors. ”
Sharon Wang, CEO of E Fund HK, commented:
“We are very pleased with the successful launch of the E Fund (HK) Solactive Global Gold Miner Select Index ETF. As currently the only gold miner ETF in Hong Kong, this product enables clients to capture opportunities in the global gold mining sector amid an evolving market environment. Gold stocks offer exposure to both gold price fluctuations and the mining industry, enhancing portfolio diversification. We believe this ETF will provide Hong Kong investors with more sophisticated and forward-looking asset allocation options.”
Fund Technical Details
- Name: E Fund (HK) Solactive Global Gold Miner Select Index ETF
- Code (HKEX): 2824.HK
- Listing Date: 30 January 2026
- Benchmark Index: Solactive Global Gold Miner Select Index
- Manager: E Fund Management (Hong Kong) Co., Limited
- Index Provider: Solactive AG
The product is positioned as a specific tool for investors seeking sectoral equity exposure to the gold theme, with a particular focus on the Hong Kong component, integrating into the increasingly broad and sophisticated offering of the region’s ETF market.
Source : ETFWorld.co.uk
Subscribe to Our Newsletter
