A Hang Seng Tech Covered Call ETF(03589.HK) dips 0.29% in the afternoon, turnover rate exceeding 24%

NewTimeSpace News: As of 13:28 on May 11, A Hang Seng Tech Covered Call ETF(03589.HK) declined 0.29% to HK$8.72. Its turnover reached approximately HK$3.1918 million, with a trading volume of 366,700 lots and an amplitude of 1.03%. The premium rate stood at 0.61%, and the net asset value per unit was HK$8.692.

The ETF has an asset size of about HK$13.0375 million, with a total issued volume of 1.5 million shares and a high turnover rate of 24.45%.

A Hang Seng Tech Covered Call ETF(03589.HK) is an active ETF adopting a covered call option strategy for active management. The fund’s portfolio is mainly anchored on constituent stocks of the Hang Seng Technology Index. It earns option premiums by holding these underlying stocks and selling call options on the index.

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