HSBC MSCI Korea Capped UCITS ETF USD (HKOR)

Profile

https://oci-global.com

HSBC MSCI Korea Capped UCITS ETF USD is an exchange-traded fund that seeks to replicate the performance of the MSCI Korea Capped Index, a market-capitalization weighted benchmark tracking large and mid-cap companies listed in South Korea. Launched on April 5, 2011, and domiciled in Ireland, it employs full physical replication by holding approximately 93 constituents, including dominant weights in technology giants like Samsung Electronics and SK Hynix, which together comprise over 40% of the portfolio. The ETF distributes dividends semi-annually with a recent yield around 1.76%, and maintains a total expense ratio of 0.50%. Capping mechanisms limit individual stock exposure to 20% or 35%, promoting diversification across sectors such as technology (over 50%), industrials, financial services, and consumer cyclicals. With assets under management exceeding $550 million, it provides investors targeted exposure to South Korea's dynamic equity market, recognized as an emerging market featuring key players in semiconductors, automobiles, and finance. This UCITS-compliant product supports securities lending and focuses on minimizing tracking error against its benchmark.