SAMHK Launches the First REITs ETF in Hong Kong

HONG KONG,Oct. 15,2020 --Samsung Asset Management (Hong Kong) Limited ("SAMHK") announcesthe listing of Samsung S&P High Dividend APAC ex NZ REITs ETF (HKD Counter: 3187.HK/USD Counter: 9187.HK),the first everREITs ETF on the Stock Exchange of Hong Kong. Tracking the performance of the S&P High Yield Asia Pacific-Ex New Zealand REITs Select Index,theETF sets itslisting price at US$2.5 (approximately HK$20) with an initial investment of approximately US$500 (HK$3,900) fora board lot size of 200 fund units.

Dividend is payable semi-annually from 2021 in USD atthe Manager's discretion.The underlying index comprises30 REITs listed in developed markets across Asia Pacific including Singapore,Hong Kong,AustraliaandJapan,with total market capitalisation of approximately US$71,941.17 million[1]and the indicative dividend yield of the underlying index at5.73%[1].

Mr. Jaekyu Bae,CIO and Deputy CEO at Samsung Asset Management,commented,"Over the past decade,REITs have developed into an important force in Asia Pacific's booming property market. In 2019,APAC REITs raised a record-breakingamount of capital at over US$14 billion[2].The listing of Samsung S&P High Dividend APAC ex NZ REITs ETF is the evidence of SAMHK's firm commitment in bringing broad,timely and relevant investment options to global ETF investors."

Mr. Robin Lo,Managing Director and Head of APAC at S&P Dow Jones Indices,said,"We are pleased to have licensed the S&P High Yield Asia Pacific-Ex New Zealand REITs Select Index to SAMHKto serve as the basis for the first REITs ETF in Hong Kong.We look forward to havingmore collaborations in the future with SAMHK,one of Asia's leading financial institutions".

ETFDetails:

Stock Codes

HKD Counter:3187.HK / USD Counter: 9187.HK

Initial InvestmentAmount

Approximately HK$3,900 / US$500

Trustee

Cititrust Limited

Management Fee

0.65% p.a.

Underlying Index

S&P High Yield Asia Pacific-Ex New Zealand REITs Select Index

Distribution Policy

Semi-annuallyfrom 2021in USD,subject to Manager's discretion

About Samsung Asset Management (Hong Kong)

SAMHK is principally engaged in asset management and securities investment advisory services in Hong Kong. It holdslicenses from the SFC to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities.

[1] Source: S&P Dow Jones Indices,30 September 2020

[2] Source: Jones Lang LaSalle