Hang Seng S&P 500 Index ETF (3195.HK) is an exchange-traded fund that seeks to match as closely as practicable, before fees and expenses, the USD-denominated total return performance of the S&P 500 Index by investing in a portfolio comprised of the 500 largest U.S. companies by market capitalization; it offers units traded on the Hong Kong Stock Exchange in both HKD counter (stock code 3195) and USD counter (stock code 9195).
The ETF provides investors with exposure to large-cap U.S. equities across diverse sectors including technology, financials, healthcare, and consumer discretionary; its base currency is USD, with daily dealing frequency and a fiscal year-end of December 31.
Managed by Hang Seng Investment Management Limited, a wholly-owned subsidiary of Hang Seng Bank Limited established in 1993 and headquartered at 83 Des Voeux Road Central, Hong Kong, the ETF has HSBC Institutional Trust Services (Asia) Limited serving as trustee and custodian.
Launched on April 19, 2024, following SFC authorization on March 21, 2024, and listed on the Hong Kong Stock Exchange on April 23, 2024, the ETF marked Hang Seng Investment's entry as Hong Kong's provider of an S&P 500-tracking product; this launch positioned it as the only such U.S. stock ETF available in the Hong Kong market at the time, enhancing investor access to U.S. large-cap performance amid growing demand for international equity exposure.
No major partnerships, acquisitions, funding rounds, or strategic shifts have been reported for the ETF since its 2024 launch through late 2025; it continues to operate with a management fee of 0.55% per annum and remains focused on physical replication of the index without derivatives issuance.