Definitions

tracker fund

Tracker Fund of Hong Kong

Tracker Fund of Hong Kong or TraHK (Chinese:盈富基金) is a unit trust which provides investment results that correspond to the performance of the Hang Seng Index in the Hong Kong stock market.

History

In 1998, the Hong Kong SAR Government acquired a substantial portfolio of Hong Kong shares to sustain linked exchange rate during the Asian Financial Crisis. To minimize disruption to the market, the Government chose to launch the IPO of the exchange-traded fund, "the Tracker Fund of Hong Kong", in 1999 as the first step in its disposal programme.

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