AXA WF Framlington Europe Real Estate Securities A QDis HKD (Hedged)

安盛環球基金-泛靈頓歐洲房地產 A類 QDis 港元(對沖)

LU1105447079

Risk Rating: Level 4

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.

On Holiday

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

Up to 1.50%

HKD4,000.00Min. Subscription

AUD / JPY / EUR / GBP / USD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

2019-09-30

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+3.83%
3 mth
+4.29%
6 mth
+2.03%
1 yr
+7.48%
3 yr
+23.31%
5 yr
-

Analytical Figures (3 years)

Annualized Return
+7.23%
Annualized Volatility
+11.82%
Sharpe Ratio
+0.37

Fund Information

Fund Houses
AXA Investment Managers (World Fund Series)
Launch Date
Fund Manager
Manager Start Date
Frederic Tempel (Start Date: 2005-08-16) Francois-Xavier Aubry (Start Date: 2005-08-16)
Geographical Focus
Europe
Asset Class/ Sector
Equity - Traditional sectors
Risk Rating
Risk Level 4

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 2019-09-18)
EUR 582,775,325.9
Management Fee
Up to 1.50%
Latest Dividend
HKD 1.000000 (2019-06-27)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

Up to 1.50%

HKD4,000.00Min. Subscription

AUD / JPY / EUR / GBP / USD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

2019-09-30

Dividend Records

Dividend DateDividend Records (HKD)
2019-06-271.000000
2019-03-281.000000
2018-12-271.110000
2018-09-271.110000
2018-06-281.110000
2018-04-111.110000
2017-12-281.560000
2017-09-280.570000
2017-06-291.490000
2017-03-300.570000
2016-12-180.940000
2016-09-180.940000
2016-06-190.940000
2016-03-200.940000
2015-12-200.950000
2015-09-200.950000
2015-06-140.950000
2015-03-150.950000
2015-03-120.950000

Investment Objective

To seek long-term growth of your investment, in EUR, from an actively managed listed equity, equity-related securities and derivatives on such securities portfolio.

Nature and Extent of Risks

Investment involves risks. Please refer to the offering document for details including the risk factors.
General investment risk: The Sub-Fund’s portfolio may fall in value due to any of the key risk factors below and therefore your investment in the Sub-Fund may suffer losses. There is no guarantee of the repayment of principal.
Real estate securities risk: As compared with a fund investing in a diversified portfolio, the Sub-Fund concentrates its investment in companies in the real estate sector and therefore will be subject to the risks associated with concentrating investment in such sector and the value of the Sub-Fund may be more volatile. This type of strategy may lead to adverse consequences and adversely impacting the net asset value of the Sub-Fund when target markets drop or encounter liquidity issues. The Sub-Fund investing in listed securities of companies engaged in the real estate industry is subject to certain risks associated with direct ownership of real estate and with the real estate sector in general. For example, overbuilding; oversupply of, or reduced demand for, commercial and residential real estate; changes in market rental rates; potential declines in the value of real estate; risks related to general, local and international economic conditions; possible lack of availability of mortgage funds; extended vacancies of properties; increases in competition, property taxes and operating expenses; changes in zoning laws; costs resulting from the clean-up of, and liability to third parties for damages resulting from, environmental problems; casualty or condemnation losses; uninsured damages from floods, earthquakes or other natural disasters; limitations on and variations in rents; increases in interest rates; and depreciation of buildings over time, etc.
Investments in specific countries or geographical zones risk: As compared with a global investment strategy, the SubFund concentrates its investment in certain geographical zones and therefore is subject to the risks associated with concentrating investments in regions and the value of the Sub-Fund may be more volatile. The value of the Sub-Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the regions.
Eurozone political, regulatory, economic and convertibility risks: Eurozone area in which the Sub-Fund may invest may be affected by economic or political events or measures, changes in government policies, laws or tax regulations, currency convertibility, or by currency redenomination, restrictions on foreign investments, and more generally by economic and financial difficulties. More especially, economic and financial difficulties in Europe may spread within and outside Europe, the measures taken by the governments of the European countries, central banks and other authorities to address the economic and financial problems, such as austerity measures and reforms, may not work and such failure may result in adverse consequences, and there may be currency fluctuation. In such contexts, volatility, liquidity, credit, and currency risks may increase and adversely impact the net asset value of the Sub-Fund. In light of the ongoing concerns on the sovereign debt risk of certain countries within the Eurozone, the Sub-Fund’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 Sub-Fund.
Equity risk: Shares prices on equity markets may fluctuate namely pursuant to investor's expectations or anticipations, changes in market sentiment, political and economic conditions and issuer-specific factors, causing high potential volatility risk. Volatility on equity markets has historically been much greater than volatility of fixed income markets. Should the price of shares fall within the Sub-Fund's portfolio, the net asset value of the Sub-Fund will also fall.
Investments in small / micro-capitalisation universe risk: The Sub-Fund may invest in small / micro-capitalisation universe which implies specific liquidity risk. The possible lack of a liquid market may inhibit the ability of the Sub-Fund to purchase or sell such investment at an advantageous price. The net asset value of the Sub-Fund may be adversely affected. The stock of small / micro-capitalisation companies may have lower liquidity and their prices are more volatile to adverse economic developments than those of larger capitalisation companies in general.
Foreign exchange and currency risk: The Sub-Fund may invest in foreign securities, i.e. securities denominated in currencies different from the base currency in which the Sub-Fund is denominated. Also, the Sub-Fund has share class(es) denominated in currency(ies) different from the Sub-Fund’s base currency. The net asset value of the SubFund may be affected unfavourably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.
Derivatives and leverage risk: The Sub-Fund may use both listed and over-the-counter derivatives for efficient portfolio management and hedging purposes. Risks associated with derivatives include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and overthe-counter transaction risk. The leverage element/component of a derivative can result in a loss significantly greater than the amount invested in the derivative by the Sub-Fund. Exposure to derivatives may lead to a high risk of significant loss by the Sub-Fund.
Distribution out of / effectively out of capital risks: For distribution shares, investors should be aware that dividends may be paid directly or effectively out of the Sub-Fund's capital at the management company's discretion. This may result in an immediate decrease in the net asset value per share of the distribution shares. Payment of distribution out of the Sub-Fund's capital amounts to a return or withdrawal of part of an investor's original investment or from any capital gains attributable to that original investment, which may further decrease the net asset value per share and may also reduce the capital available for the Sub-Fund for future investment and capital growth.

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Hotline

852
3896 3896

1501, 15/F, 101 King's Road,
North Point, Hong Kong

Mon - Fri (excluding public holidays)
09:00 - 18:00

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