Manulife Global Fund - European Growth Fund A Dis USD

宏利環球基金 - 歐洲增長基金 A類 Dis 美元

LU0011869731

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.

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Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD1,600,000.00Min. Subscription

1.50%

HKD1,600,000.00Min. Subscription

HKD / USD

HKD1,600,000.00Min. Subscription

HKD1,600,000.00

HKD1,600,000.00

Daily

15:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+3.69%
3 mth
+8.60%
6 mth
+8.02%
1 yr
+11.21%
3 yr
+23.81%
5 yr
+15.03%

Analytical Figures (3 years)

Annualized Return
+7.38%
Annualized Volatility
+10.65%
Sharpe Ratio
+0.65

Fund Information

Fund Houses
Manulife Asset Management (Hong Kong) Limited
Launch Date
1987-09-09
Fund Manager
David Hussey
Manager Start Date
David Hussey (Start Date: 2007-06-01)
Geographical Focus
Europe
Asset Class/ Sector
Equity - All cap
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 2019-11-13)
USD 108,574,934.21
Management Fee
1.50%
Latest Dividend
USD 0.129300 (2019-10-20)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD1,600,000.00Min. Subscription

1.50%

HKD1,600,000.00Min. Subscription

HKD / USD

HKD1,600,000.00Min. Subscription

HKD1,600,000.00

HKD1,600,000.00

Daily

15:30

-

Dividend Records

Dividend DateDividend Records (USD)
2019-10-200.129300
2018-11-040.132200
2017-10-290.117053
2016-10-300.160889
2015-11-010.087985
2014-11-030.129867
2013-11-040.115814
2012-10-280.083689
2011-10-300.095418
2010-11-010.055575
2009-11-010.089684
2008-11-020.118294
2007-11-010.051771
2006-11-020.029613
2005-11-020.070000
2004-11-010.020850
2003-10-190.013730
1991-10-170.003600

Investment Objective

European Growth Fund aims to achieve capital growth from investing at least 70% of its net assets in a diversified portfolio of equity and equity related securities in large capitalisation companies quoted on stock markets in Europe (including in the United Kingdom), or companies that have substantial business interests in Europe.
The main emphasis of the investment strategy of the Sub-Fund is on the assessment and selection of individual stocks within the European markets.
While the Sub-Fund will invest in accordance with its investment objective and strategy, subject to applicable laws and regulations, the Sub-Fund is not otherwise subject to any limitation on the portion of its net assets that may be invested in any one country or sector. Hence, the Sub-Fund may invest more than 30% of its net assets in issuers located in the United Kingdom. The sub-Fund’s investments may be denominated in any currency.

Nature and Extent of Risks

Investment involves risks. Please refer to the Prospectus which forms part of the Hong Kong Offering Document for details including the risk factors.
1. Investment Risk:
The Sub-Fund’s investment 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.
2. Equity Market Risk:
The Sub-Fund’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.
3. Geographical Concentration Risk:
The concentration of the Sub-Fund’s investments in equity securities of companies related to Europe (in particular, the United Kingdom (“UK”)) may result in greater volatility than portfolios which comprise broad-based global investments. The value of the Sub-Fund may be more susceptible to adverse events in those regions.
4. Risk relating to the UK’s exit from the EU:
The Sub-Fund has significant investments in equity securities of companies related to the UK. The UK officially commenced the process of leaving the EU on 29 March 2017, since which the UK and the EU have entered into a period of regulatory uncertainty, as new trade and other agreements are negotiated during a two-year transition period. This change and changes in the legal and regulatory environment may adversely affect the UK-related and EU-related companies that the Sub-Fund has invested in. The UK’s exit from the UK may also increase the likelihood of other EU members leaving the EU and therefore cause additional market disruptions to the EU market.
5. Currency Risk:
The Sub-Fund’s assets may be invested primarily in securities denominated in currencies other than U.S. Dollars and the Sub-Fund may receive income or realization proceeds from these investments in those currencies, some of which may fall in value against U.S. Dollars.
6. Non-Investment Use of FDIs:
The extensive use of FDIs does not form part of the investment strategy of the Sub-Fund, but the Investment Manager may from time to time utilize FDIs for efficient portfolio management and hedging purposes. The use of derivatives exposes the Sub-Fund to additional risks, including: (i) volatility risk – FDIs may be highly volatile; (ii) management risk – the results are reliant upon the success of the Investment Manager in making investment decisions
in the prevailing market conditions; (iii) market risk – there is a risk from exposures to changes in market value of FDIs; (iv) credit risk – the Sub-Fund is exposed to the risk of loss resulting from a counterparty’s failure to meet its financial obligations; and (v) liquidity risk – which exists when particular investments are difficult to be purchased or sold quickly. The eventuation of any of the above risks could have an adverse effect on the net asset value of the Sub-Fund. In adverse situations, the Sub-Fund’s use of FDIs may become ineffective in efficient portfolio management or hedging and the Sub-Fund may suffer significant losses.

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