Barings German Growth Trust Acc GBP

霸菱德國增長基金 Acc 英鎊

GB0000822576

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

Dealing Information

0%

Subscription Fee
As low as 0 %

A net deposit amount of HK$1,000,000 or above is required. For details, please refer to the iFund Account Fee Chart.

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.50%

HKD4,000.00Min. Subscription

AUD / HKD / EUR / GBP / USD

HKD4,000.00Min. Subscription

HKD4,000.00

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+2.52
3 mth
+10.62
6 mth
+18.27
1 yr
-4.61
3 yr
+42.60
5 yr
+45.21

Analytical Figures (3 years)

Annualized Return
+12.56
Annualized Volatility
+16.17
Sharpe Ratio
+0.37

Fund Information

Fund Houses
Baring Asset Management (Asia) Limited
Launch Date
1990-05-07
Fund Manager
Robert Smith
Manager Start Date
2008-11-01
Geographical Focus
Germany
Asset Class/ Sector
Equity - All cap
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 2019-06-24)
EUR 486,302,079.07
Management Fee
1.50%
Latest Dividend
GBP 0.019600 (2018-05-15)

Sector Leaders

    No Funds

Dealing Information

0%

Subscription Fee
As low as 0 %

A net deposit amount of HK$1,000,000 or above is required. For details, please refer to the iFund Account Fee Chart.

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.50%

HKD4,000.00Min. Subscription

AUD / HKD / EUR / GBP / USD

HKD4,000.00Min. Subscription

HKD4,000.00

Dividend Records

Dividend DateDividend Records (GBP)
2018-05-150.019600
2017-05-150.057405
2016-05-150.062344
2015-05-170.015500
2014-05-153.840000
2013-07-230.030900
2013-05-152.980000
2012-07-230.043900
2012-05-150.043900
2011-07-240.024200
2011-05-150.024200
2010-07-220.017700
2010-05-160.017700
2009-07-230.066900
2009-05-170.066900
2008-07-230.010600
2008-05-150.010600
2007-07-230.010300
2007-05-150.010300
2004-07-250.001100
2004-05-160.001100
2003-07-230.009800
2003-05-150.009800
2002-07-140.000400
2002-05-190.000400
1996-05-150.000300
1995-07-160.000500
1995-05-140.000500

Investment Objective

To achieve long-term capital growth by investing in Germany.

Nature and Extent of Risks

Investment involves risks. Please refer to the Prospectus for details including the risk factors.
1. Investment risk
- The Trust’s investment portfolio may fall in value due to any of the key risk factors below and therefore your investment in the Trust may suffer losses. There is no guarantee of the repayment of principal.
2. Risks of investment in equities and equity-related securities
- The Trust’s investment in equity securities is subject to general market risks, whose value may fluctuate due to various factors, such as changes in investment sentiment, political and economic conditions and issuer-specific factors. When the equity markets are extremely volatile the Trust’s net asset value may fluctuate substantially.
- The Trust may invest in equity-related securities. These are usually issued by a broker, an investment bank or a company and are therefore subject to the risk of insolvency or default of the issuer. If there is no active market in these instruments, this may lead to liquidity risk. Further, investment in equity-linked securities may lead to dilution of performance of the Trust when compared to the other funds which invest directly in similar underlying assets due to fees embedded in the notes. The aforesaid circumstances may adversely affect the net asset value per unit of the Trust.
- Securities exchanges typically have the right to suspend or limit trading in any instrument traded on that exchange. The governments or the regulators may also implement policies that may affect the financial markets. A suspension could render it impossible for the Investment Manager or an underlying fund manager to liquidate positions and thereby expose the Trust to losses and may have a negative impact on the Trust.
3. Investment in small-capitalisation/mid-capitalisation companies
- The stock of small-capitalisation and mid-capitalisation companies may have lower liquidity and their prices are more volatile to adverse economic developments than those of larger capitalisation companies in general. Risks include economic risks, such as lack of product depth, limited geographical diversification, increased sensitivity to the business cycle and organisational risk, such as concentration of management and shareholders and key-person dependence. Shares in smaller companies can be more difficult to buy and sell, resulting in less flexibility, and sometimes higher costs, in implementing investment decisions.
4. Risks associated with investment in a specific country
- The Trust’s investments may be concentrated in German markets. The value of the Trust may be more volatile than that of a fund having a more diverse portfolio of investments. The value of the Trust may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting a market in the German market.
- In light of ongoing concerns on the sovereign debt risk of certain countries within the Eurozone, the Trust’s investments in the region may be subject to higher volatility, liquidity, currency and default risks. Any adverse events, such as credit downgrade of a sovereign or exit of EU members from the Eurozone, may have a negative impact on the value of the Trust.
5. Risks of investing in convertible bonds
- Convertible bonds are a hybrid between debt and equity, permitting holders to convert into shares in the company issuing the bond at a specified future date. As such, convertibles will be exposed to equity movement and greater volatility than straight bond investments. Investments in convertible bonds are subject to the same interest rate risk, credit risk, liquidity risk and prepayment risk associated with comparable straight bond investments.
6. Currency risks
- The underlying investments of the Trust may be denominated in currencies other than the base currency of the Trust. Also, a class of units of the Trust may be designated in a currency other than the base currency of the Trust. The net asset value of the Trust may be affected unfavourably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.
7. Risks associated with derivatives
- In adverse situations, the Trust’s use of derivatives for hedging and/or efficient portfolio management may become ineffective and the Trust may suffer significant losses. Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a financial derivative instrument can result in a loss significantly greater than the amount invested in the financial derivative instrument by the Trust. Exposure to financial derivative instruments may lead to a high risk of significant loss by the Trust.

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Hotline

852
3896 3896

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