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159545.520550 These two Hong Kong Stock Connect high-yield, low-volatility funds have a huge tracking error in their net asset value today.
These funds, 159545, 520550, and 513950, all track the same Hong Kong Stock Connect high-yield low-volatility index. The index today increased by 1.4%, and the HKD mid-price fell by 0.01%. However, all these funds only rose by about 0.5-0.6% today. I can’t figure out why. Could any expert please help clarify?