BEA Union Investment Hong Kong Dollar Bond Fund R HKD

東亞聯豐港元債券基金 R類 港元

HK0000065166

Risk Rating: Level 2

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating one (1) or two (2), these are mainly aimed at providing capital preservation for investors by investing primarily in money market instruments and, investment grade sovereign bonds etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing HoursiMonth Plan

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

0.75%

HKD4,000.00Min. Subscription

HKD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

14:00

2021-05-18

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+1.05%
3 mth
-0.76%
6 mth
-0.69%
1 yr
+1.52%
3 yr
+12.05%
5 yr
+11.67%

Analytical Figures (3 years)

Annualized Return
+3.87%
Annualized Volatility
+2.56%
Sharpe Ratio
+0.95

Fund Information

Fund Houses
BEA UNION INVESTMENT MANAGEMENT LIMITED
Launch Date
2008-06-01
Fund Manager
Team Managed
Manager Start Date
Team Managed (Start Date: 2007-11-09)
Geographical Focus
Hong Kong
Asset Class/ Sector
Fixed Income - Investment grade
Risk Rating
Risk Level 2

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating one (1) or two (2), these are mainly aimed at providing capital preservation for investors by investing primarily in money market instruments and, investment grade sovereign bonds etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2021-05-05)
HKD 1,575,040,000
Management Fee
0.75%
Latest Dividend
N.A.

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

0.75%

HKD4,000.00Min. Subscription

HKD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

14:00

2021-05-18

Dividend Records

No Dividends

Investment Objective

The investment objective of the Investment Fund is to provide investors with long-term capital growth in Hong Kong dollar terms through investing in a portfolio consisting primarily of Hong Kong dollar denominated interest bearing securities. If the Manager considers that conditions so require and it is in the interests of Unitholders to do so, a substantial portion of the portfolio may be held in cash.

Nature and Extent of Risks

Investment involves risks. Please refer to the Explanatory Memorandum for details including the risk factors.
1. Investment risk
The Investment Fund is an investment fund. The Investment Fund’s investment portfolio may fall in value and therefore your investment in the Investment Fund may suffer losses.
2. Diversification risk
The Investment Fund invests in the Hong Kong market only. Although the Investment Fund’s portfolio will be diversified in terms of the number of holdings, the Investment Fund’s asset value is likely to be more volatile than a broad-based fund, such as a global or regional fund, as it is more susceptible to fluctuations in value resulting from adverse conditions in Hong Kong.
3. Risks associated with debt securities
Interest rates
– The Investment Fund is subject to interest rate risk. In general, the prices of debt securities rise when interest rates fall, whilst their prices fall when interest rates rise.
Credit / Counterparty risk
– The Investment Fund is also exposed to the credit / default risk of issuers of the debt securities that the Investment Fund may invest in. If the issuer of any of the securities in which the Investment Fund invests defaults or suffers insolvency or other financial difficulties, the value of such Investment Fund will be adversely affected and may lead to a loss of principal and interest.
Downgrading risk
– The credit rating of a debt instrument or its issuer may subsequently be downgraded. In the event of such downgrading, the value of the Investment Fund may be adversely affected. Further, as debt securities that may be held by the Investment Funds are subject to requirements under Schedule 1 to the Mandatory Provident Fund Schemes (General) Regulation, the Manager may be required to dispose of the securities in case of downgrading (which may be done at an undesirable price). Sovereign debt risk
– The Investment Fund’s investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and / or interest when due or may request the Investment Fund to participate in restructuring such debts. The Investment Fund may suffer significant losses when there is a default of sovereign debt issuers.
Credit rating risk
– Credit ratings assigned by rating agencies are subject to limitations and do not guarantee the creditworthiness of the security and / or issuer at all times.
4. Risk in relation to financial futures contracts
The Investment Fund may use financial futures contracts for hedging purposes. Such hedging may not achieve the intended purpose. In an adverse situation, the Investment Fund’s use of financial futures contracts may become ineffective in achieving hedging and the Investment Fund may suffer significant losses