恆生投資發報告提多項建議優化港ETF市場
恆生投資發研究報告指,過去10年亞太區ETF市場顯着增長,年均複合增長率達22%,惟香港市場的增速相對溫和,CAGR爲5%,反映仍具備巨大的增長潛力。
恆生投資管理有限公司董事兼行政總裁李佩珊表示,香港作爲內地與國際之間的『超級連繫人』,具備完善的稅收、法律和監管框架,以及多元化的投資產品選擇,具備巨大潛力發展成亞太區的ETF樞紐。
研究報告主要建議包括優化宏觀措施支持整體市場發展、強化ETF微觀生態環境、加強投資者教育和參與。
當中,建議提高強制性公積金制度預設投資策略(DIS)涵蓋指數產品的投資比例,並在現有DIS中引入更多的年齡分層,以滿足不同年齡組別對風險承受的能力。在現有合資格延期年金保單(QDAP)和可扣稅強積金自願性供款 (TVC)的扣稅項目上,增設長線ETF投資扣稅項目,將年度稅務扣除上限提高
至12萬元。有關計劃或能帶動ETF資產管理規模每年增加近120億元。 透過擴大ETF通的產品範圍,加強和擴展兩地互聯互通,促進北向和南向的資金流動,並積極探索與其他主要市場簽訂全新互認安排。
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