Manulife Global Fund - Taiwan Equity Fund AA Dis USD

宏利環球基金 - 臺灣股票基金 AA類 Dis 美元

LU0278409734

Risk Rating: Level 5

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 five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD25,000.00Min. Subscription

1.75%

HKD5,000.00Min. Subscription

HKD / USD

HKD25,000.00Min. Subscription

HKD25,000.00

HKD25,000.00

Daily

15:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
-1.82%
3 mth
+2.72%
6 mth
+16.74%
1 yr
+24.10%
3 yr
+35.86%
5 yr
+66.45%

Analytical Figures (3 years)

Annualized Return
+10.76%
Annualized Volatility
+14.03%
Sharpe Ratio
+0.67

Fund Information

Fund Houses
Manulife Asset Management (Hong Kong) Limited
Launch Date
2007-01-28
Fund Manager
Kai Kong Chay
Manager Start Date
2015-10-01
Geographical Focus
Taiwan
Asset Class/ Sector
Equity - All cap
Risk Rating
Risk Level 5

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 five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2020-02-16)
USD 29,585,027.99
Management Fee
1.75%
Latest Dividend
USD 0.020500 (2019-10-20)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD25,000.00Min. Subscription

1.75%

HKD5,000.00Min. Subscription

HKD / USD

HKD25,000.00Min. Subscription

HKD25,000.00

HKD25,000.00

Daily

15:30

-

Dividend Records

Dividend DateDividend Records (USD)
2019-10-200.020500
2018-11-040.002500
2017-10-290.010666
2016-10-300.015261
2015-11-010.007665
2014-11-030.003377
2013-11-040.002741
2012-10-280.004459
2011-10-300.007727
2009-11-010.030454

Investment Objective

Taiwan Equity Fund aims to provide long term capital growth for those who hold a long term investment view and who are prepared to accept significant fluctuations in the value of their investments in order to achieve long term returns.

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. Geographical Concentration Risk
The concentration of the Sub-Fund’s investments in equity securities of Taiwan-related companies may result in greater volatility than portfolios which comprise broad-based global investments.
2. Political Risk
The net asset value of the Sub-Fund may be affected by uncertainties such as changes in the government in Taiwan or its policies regarding inward investment, taxation and the restrictions on currency repatriation and other developments in the laws and regulations of Taiwan. Each of the governments in Taiwan and in the People’s Republic of China (“PRC”) claims to be the only legitimate government for Taiwan. There can be no guarantee that the PRC will not use forcible means, which it has refused to forego, to gain control of Taiwan. The Sub-Fund’s net asset value may be affected by other political or diplomatic uncertainty or developments, social and religious instability, higher inflation and other considerations. There may be substantial government intervention in the economy, including restrictions on investment in companies or industries deemed sensitive to relevant national interests.
3. 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 from these investments in those currencies, some of which may fall in value against U.S. Dollars.
4. Risk on Lack of Securities Market Control
There may be a lower level of government supervision and enforcement activity in the regulation of the Taiwan securities market compared to those in more developed markets.
5. Non-Investment Use of FDIs
The 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.

Manage your asset round-the-clock

Hotline

852
3896 3896

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

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

Copyright © 2020 Noble Apex Advisors Limited. All Rights Reserved.