Mirae Asset Horizons S&P Crude Oil Futures Enhanced Er Etf (03097.HK) Rises 4.16% to HK$9.135
NewTimeSpace News, according to the latest data from the HKEX, as of15:18onMay 11, the Mirae Asset Horizons S&P Crude Oil Futures Enhanced Er Etf (03097.HK)gained 4.16% to trade at HK$9.135. The intraday high was HK$9.210and the low was HK$9.105, with an average price of HK$9.147. The total AUM is approximately HK$109million, with the latest Net Asset Value (NAV) per unit at HK$8.743, representing a premium of-1.57%.
The Mirae Asset Horizons S&P Crude Oil Futures Enhanced Er Etf (03097.HK) tracks the S&P GSCI Crude Oil Enhanced Index Excess Return, a commodity index designed to enhance oil investment performance by optimizing futures roll strategies. Compared to the traditional S&P GSCI Crude Oil Index, it maintains the same crude oil futures components but introduces dynamic, seasonal, and administrative rolling rules.
By flexibly switching between contracts of different maturities, the index seeks to mitigate roll yield losses caused by contango markets and capture premiums along the forward curve. The index is expressed in "Excess Return" (ER) form, reflecting the combined effect of futures price movements and roll yields (excluding interest income from collateral). It serves as the core tracking benchmark for many prominent oil futures ETFs.
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