Interactive Brokers has added a Hong Kong-focused dividend ETF to its no-transaction-fee lineup. According to the company, the move deepens the firm’s global reach and provides cost-conscious access to a pool of high-dividend stocks in one of Asia’s financial hubs.

“Our no-transaction-fee ETF program is a testament to our commitment to providing low-cost trading,” commented Steve Sanders, EVP of Marketing and Product Development, at Interactive Brokers. “Adding the HK Dividend ETF gives investors another flexible tool to expand their global exposure.”

Targeting Dividend-Paying Hong Kong Stocks

The newly listed Ping An of China CSI HK Dividend ETF tracks the CSI Hong Kong Dividend Index, offering exposure to 30 of the most liquid, dividend-paying stocks listed on the Hong Kong Stock Exchange. These companies span critical sectors including finance, energy, and communications, industries that underpin the region’s economic resilience.

Available through Interactive Brokers’ no-transaction-fee ETF program, the new addition allows eligible U.S. clients to trade the fund without upfront commissions. IBKR Lite clients benefit from zero fees, while IBKR Pro clients receive commission reimbursement if shares are held for 30 days.

Beyond the US Equity Market

As U.S. equity markets face valuation concerns and interest rate uncertainty, dividend-heavy international ETFs are attracting attention for their yield stability and sector variety.

Recently, Interactive Brokers posted its monthly performance for the previous month, highlighting 3.818 million Daily Average Revenue Trades (DARTs) for the month. The figures represented a 63% increase from April 2024 and a 10% rise compared to March.

According to the company, the numbers reflected a higher engagement across its trading platform. Besides that, Client equity at the end of April reached $588.1 billion, representing a 28% year-over-year gain and a 3% increase from the prior month.

The total number of client accounts jumped to 3.71 million, up 32% from the same period last year and 3% higher than the previous month, pointing to a steady inflow of new users.

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Additionally, Interactive Brokers introduced the First Home Savings Account, a new tax-free investment tool available through its Canadian arm. According to the company, the account combines tax benefits with access to a range of investment options, an expansion to its retail offerings in Canada.

“Buying a home is one of the biggest financial milestones, and we’re pleased to offer a savings solution that helps Canadians reach this goal,” said Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers.

This article was written by Jared Kirui at www.financemagnates.com.Retail FXRead More

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