Barings Global Aggregate Bond Fund A Inc USD (QDiv)

霸菱全球綜合債券基金 A類 Inc 美元 (QDiv)

IE0031231206

Risk Rating: Level 3

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 three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours
USD

10.18

Latest Price: 2015-04-26

Dealing Information

0%

Subscription Fee
As low as 0 %

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

0.75%

HKD10,000.00Min. Subscription

AUD / HKD / EUR / GBP / USD

HKD10,000.00Min. Subscription

HKD10,000.00

  • The fund has been suspended for further subscription since 2015-02-13.
*Not include dividends (If applicable)

Fund Performaces

1 mth
-
3 mth
-
6 mth
-
1 yr
-
3 yr
-
5 yr
-

Analytical Figures (3 years)

Annualized Return
-
Annualized Volatility
-
Sharpe Ratio
-

Fund Information

Fund Houses
Baring Asset Management (Asia) Limited
Launch Date
2002-01-27
Fund Manager
Richard Balfour
Manager Start Date
2013-08-01
Geographical Focus
Global
Asset Class/ Sector
Fixed Income - Investment grade
Risk Rating
Risk Level 3

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 three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of -)
-
Management Fee
0.75%
Latest Dividend
USD 0.0100 (2015-04-30)

Sector Leaders

Dealing Information

0%

Subscription Fee
As low as 0 %

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

0.75%

HKD10,000.00Min. Subscription

AUD / HKD / EUR / GBP / USD

HKD10,000.00Min. Subscription

HKD10,000.00

  • The fund has been suspended for further subscription since 2015-02-13.

Dividend Records

Dividend DateDividend Records (USD)
2015-04-300.0100
2015-02-010.0100
2014-07-310.0100
2014-04-300.0300
2014-02-020.0100
2013-10-310.0500
2013-07-310.0300
2013-05-210.0400
2013-04-300.0400
2012-11-140.0508
2012-10-310.0508
2012-08-150.0509
2012-07-310.0509
2012-05-220.0604
2012-04-300.0604
2011-11-140.0462
2011-10-310.0462
2011-05-160.0724
2011-05-020.0724
2011-02-140.0804
2011-01-310.0804
2010-11-140.0725
2010-10-310.0725
2010-08-160.0607
2010-08-020.0607
2010-05-170.0539
2010-05-030.0539
2010-02-140.0600
2010-01-310.0600
2009-11-150.0741
2009-11-010.0741
2009-08-170.0621
2009-08-030.0621
2009-05-260.0897
2009-04-300.0897
2009-02-150.1321
2009-02-010.1321
2008-11-160.1395
2008-11-020.1395
2008-08-170.1337
2008-07-310.1337
2008-05-150.1461
2008-04-300.1461
2008-02-140.1379
2008-01-310.1379
2007-11-140.0998
2007-10-310.0998
2007-10-070.0212
2007-09-300.0212
2007-08-150.1305
2007-07-310.1305
2007-05-150.0948
2007-04-300.0948
2007-02-140.1059
2007-01-310.1059
2006-11-140.1164
2006-10-310.1164
2006-08-150.1303
2006-07-310.1303
2006-05-150.1423
2006-05-010.1423
2006-02-140.1376
2006-01-310.1376
2005-11-140.1215
2005-10-310.1215
2005-08-150.1227
2005-08-010.1227
2005-05-160.1150
2005-05-020.1150
2005-02-140.1240
2005-01-310.1240
2004-11-230.1060
2004-10-310.1060
2004-08-240.0890
2004-08-020.0890
2004-05-180.0870
2004-05-030.0870
2004-02-240.0790
2004-02-010.0790
2003-11-250.0910
2003-11-020.0910
2003-08-260.1200
2003-07-310.1200
2003-05-200.1050
2003-04-300.1050
2003-02-250.0960
2003-02-020.0960
2002-11-260.1080
2002-10-310.1080
2002-08-270.1250
2002-07-310.1250
2002-05-210.1060
2002-04-300.1060

Investment Objective

To generate long-term growth in the value of assets from a combination of capital appreciation and income.

Nature and Extent of Risks

Investment involves risks. Please refer to the Hong Kong Prospectus for details including the risk factors.
1. Interest rate risk
The fixed income securities in which the Fund invested are interest rate sensitive, which means that their value will fluctuate as interest rate fluctuate. An increase in interest rates will generally.reduce the value of the fixed income securities
2. Credit risk and downgrading risk
There can be no assurance that the issuers or guarantor, if any, of securities or other instruments in which the Fund may invest will not be subject to credit difficulties, leading to either the downgrading of such securities or instruments, or to the loss of some or all of the sums invested in such securities.or instruments or payments due on such securities or instruments.
Investment grade securities may be subject to risk of being downgraded to sub-investment grade securities. In the event of a downgrading in the credit rating of such securities or instruments or the issuers of securities or instruments in which the Fund may invest, the Fund’s investment value in such securities or instruments may be adversely affected. The Manager may or may not be able to dispose of the securities or instruments that are being downgraded.
3. Emerging market investment risk
The Fund may invest in debts securities of issuers operating in or domiciled in emerging markets.Investing in emerging markets may involve additional risks than investing in more developed markets. These include liquidity risks (see point 5 below), the possibility of a lower standard of corporate governance (i.e. generally less government supervision and regulation on stock exchanges, brokers and listed companies in most emerging markets), increased political risk (i.e. interference in political and bureaucratic processes and high levels of state intervention in society) and the likelihood of a.high degree of volatility
4. Sovereign debt risk
Certain developing countries and certain developed countries are especially large debtors to (“commercial banks and foreign governments. Investment in debt obligations (“sovereign debt issued or guaranteed by governments or their agencies (“government entities”) of such countries involves a higher degree of risk, In the event that a government entity defaults on its sovereign debt, holders of sovereign debt including the Fund, may be requested to participate in the rescheduling of such debt. Such events may negatively impact the performance of a Fund.
5. Risks associated with derivatives
The Fund may have exposure to derivatives for investment purposes or for efficient portfolio management. Given the leverage effect embedded in derivatives, such investments may result in higher volatility or a significant loss in the Fund’s assets within a short period of time.
Furthermore, there is no guarantee that the Fund’s use of derivatives for hedging will be entirely effective and in adverse situations, where the use of derivatives becomes ineffective, the Fund may suffer significant loss.
6. Liquidity risk
Market liquidity in the emerging markets may be lower than the more developed markets so that the purchase and sale of holding may take longer. The Fund may also encounter difficulties in disposing of securities or derivatives at their fair market price.
7. Counterparty risk
Counterparty risk is the risk that an organization does not pay out on a bond or other trade or transaction when it is supposed to. If a counterparty fails to honour its obligations in a timely manner and the Fund is delayed or prevented from exercising its rights with respect to the investments in its portfolio, it may experience a decline in the value of its position, lose income and/or incur costs associated with asserting its rights.
8. Currency risk
The Fund’s assets and liabilities may be denominated in currencies different from the Base currency The Fund may be affected favourably or unfavourably by exchange control regulations or changes in the exchange rates between the Base currency and other currencies. A Unit Class may be designated in a currency other than the Base Currency of the Fund. Changes in the exchange rate between the Base Currency and such designated currency may lead to a depreciation of the value of such Units as expressed in the designated currency.
9. Investment risk
The Fund is an investment fund and is not in the nature of a bank deposit. There is no guarantee of repayment of principal. Investment in the Fund is subject to fluctuations in value and you may suffer a loss.
10. Charges deducted from Capital/Risks relating to distribution
The Fund normally pays its management fee and other fees and expenses out of income (in accordance with Irish accounting guidelines). However, where insufficient income is available, the Managers may pay some or all of its management fee and other fees and expenses out of capital and out of both realised and unrealised capital gains less realised and unrealised capital losses. Where the management fee and other fees and expenses are deducted from capital rather than income generated, this may constrain growth and could erode capital
The Fund normally pays dividends out of surplus net income. However, the Managers may also distribute such part of any capital gains less realised and unrealised capital losses as, in their opinion, is appropriate to maintain a satisfactory level of distribution. Payment of distributions out of unrealised capital gains amount to distribution out of capital under Hong Kong regulatory disclosure requirements and that payment of distributions under such circumstances amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any distributions involving payment of unrealised capital gains as dividends which means effectively paying dividend out of capital) may result in an immediate reduction of).he Fund's net asset value per Un.