Hong Kong Stock Exchange · ETF
Invest in 2819 ETF from India
Indian and foreign residents can buy ABF Hong Kong Bond Index Fund (2819) units directly through Paasa.
By Paasa · Updated
2819 at a glance
- Price
- HK$97.85-HK$1.05 (1.06%)
- Expense ratio
- 0.22%
- Day range
- HK$97.85 – HK$97.90
- Assets
- HK$2.6B
- Domicile
- Hong Kong
- Holdings
- —
- Launched
- 2005
- Dividends
- Distributing
- 1 month
- -0.71%
- 6 months
- -4.16%
- YTD
- -4.26%
- 1 year
- -3.69%
- 5 years
- -3.02%
Price change, excluding dividends.
Top 10 holdings
- 1ASIAN INFRASTRUCTURE INV SER GMTN 3.847000 % 26FEB20283.8%
- 2HK GOVT BOND PROGRAMME 2.13% 16/07/20303.2%
- 3HK GOVT INFRA BOND PROG 3.230000 % 05DEC20293.2%
- 4HK GOVT INFRA BOND PROG 2.760000 % 25APR20283.0%
- 5ASIAN DEVELOPMENT BANK SER EMTN 3.810000 % 23JAN20303.0%
- 6HONG KONG (GOVT OF) 2.02% 07MAR20342.9%
- 7URBAN RENEWAL AUTHORITY SER EMTN (REG) (REG S) 3.45% 27AUG20292.7%
- 8URBAN RENEWAL AUTHORITY SER EMTN (REG) (REG S) 3.35% 27AUG20272.6%
- 9HK GOVT BOND PROGRAMME 1.89% 02MAR20322.4%
- 10HK GOVT BOND PROGRAMME 1.97% 17JAN20292.4%
These 10 are 29.2% of the fund.
Where the money is invested
Countries
- Hong Kong63.3%
- United States9.3%
- Philippines7.1%
- South Korea5.7%
- China4.4%
- Finland3.4%
How to invest in 2819 from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.
Step 3
Search 2819 and buy
Find the fund by its ticker, 2819, on the Hong Kong Stock Exchange, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
Why invest in 2819 from India
What 2819 holds
The ABF Hong Kong Bond Index Fund is an exchange-traded fund (ETF) that was launched by HSBC Investment Funds (Hong Kong) Limited and is managed by HSBC Global Asset Management (Hong Kong) Ltd. Its investment strategy focuses on Hong Kong's fixed-income markets, specifically targeting Hong Kong Dollar-denominated, fixed-rate debt instruments. These securities, which must have a remaining maturity of over 18 months, are issued or guaranteed by the government, its agencies, sponsored entities, quasi-governmental bodies, or supranational financial institutions.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy 2819 from India?
Yes. Indian residents can buy ABF Hong Kong Bond Index Fund (2819) through Paasa. It is listed on the Hong Kong Stock Exchange and trades in HKD. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does 2819 invest in?
Its largest holdings are ASIAN INFRASTRUCTURE INV SER GMTN 3.847000 % 26FEB2028 (3.8%), HK GOVT BOND PROGRAMME 2.13% 16/07/2030 (3.2%) and HK GOVT INFRA BOND PROG 3.230000 % 05DEC2029 (3.2%). It is a distributing fund domiciled in Hong Kong.
What is the expense ratio of 2819?
ABF Hong Kong Bond Index Fund has an expense ratio of 0.22% a year, taken from the fund's assets rather than billed to you. The fund manages about HK$2.6B.
How are 2819 dividends taxed in India?
ABF Hong Kong Bond Index Fund is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell 2819?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a single 2819 unit?
Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$97.85 a unit, size the order by the lot.