Manulife Global Fund - U.S. Treasury Inflation-Protected Securities Fund AA Dis USD

宏利環球基金 - 美國抗通脹債券基金 AA類 Dis 美元

LU0278410310

Risk Rating: Level 2

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 one (1) or two (2), these are mainly aimed at providing capital preservation for investors by investing primarily in money market instruments and, investment grade sovereign bonds 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

1.25%

HKD5,000.00Min. Subscription

HKD / USD

HKD25,000.00Min. Subscription

HKD25,000.00

HKD25,000.00

Daily

15:30

2019-09-30

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
-0.94%
3 mth
+1.57%
6 mth
+4.07%
1 yr
+4.99%
3 yr
+1.48%
5 yr
+2.91%

Analytical Figures (3 years)

Annualized Return
+0.49%
Annualized Volatility
+3.16%
Sharpe Ratio
-0.20

Fund Information

Fund Houses
Manulife Asset Management (Hong Kong) Limited
Launch Date
2007-01-28
Fund Manager
Jeffrey N. Given
Manager Start Date
Jeffrey N. Given (Start Date: 2007-01-29)
Geographical Focus
US
Asset Class/ Sector
Fixed Income - Investment grade sovereign
Risk Rating
Risk Level 2

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 one (1) or two (2), these are mainly aimed at providing capital preservation for investors by investing primarily in money market instruments and, investment grade sovereign bonds etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-09-18)
USD 6,113,695.09
Management Fee
1.25%
Latest Dividend
USD 0.000800 (2014-11-03)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD25,000.00Min. Subscription

1.25%

HKD5,000.00Min. Subscription

HKD / USD

HKD25,000.00Min. Subscription

HKD25,000.00

HKD25,000.00

Daily

15:30

2019-09-30

Dividend Records

Dividend DateDividend Records (USD)
2014-11-030.000800
2012-10-280.010985
2011-10-300.010465
2010-11-010.007094
2009-11-010.006417
2008-11-020.017098
2007-11-010.003100

Investment Objective

U.S. Treasury Inflation-Protected Securities Fund has, as its primary objective, the maximisation of total returns, consistent with capital preservation, by investing at least 70% of its net assets in U.S. Treasury Inflation Protected Securities. In addition, the Sub-Fund may also invest in othertypes of inflation-indexed and non-inflation-indexed debt securities issued or guaranteed by the U.S. government, its agencies, instrumentalities and political sub-divisions.

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. Interest Rate Risk:
When interest rates rise on certain currencies that the bonds are denominated in, the value of the bonds may reduce, resulting in a lower value for the relevant portfolio.
3. Geographical Concentration Risk:
The concentration of the Sub-Fund’s investments in United State-related companies may result in greater volatility than portfolios which comprise broad-based global investments.
4. Credit Risk:
This refers to the risk that a debt issuer will default, by failing to repay principal and interest in a timely manner, or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline.
5. Sovereign Debt Risk:
The Sub-Fund’s investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the Sub-Fund to participate in restructuring such debts. The Sub-Fund may suffer significant losses when there is a default of sovereign debt issuers.
6. Collateralised/Securitised Products Risk:
The Sub-Fund may invest in collateralised and/or securitised products, including asset-backed securities and mortgage-backed securities. These securities provide exposure to underlying assets and the risk/return profile is determined by the cash flows derived from such assets. In a volatile market, these securities may display heightened price sensitivity to market fluctuations and have higher liquidity and credit downgrading risks.
7. 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.
8. Risks relating to Dividends Paid out of Capital:
The Directors of Manulife Global Fund may, at their discretion, pay dividends out of income, realized capital gains and/or capital, of the Sub-Fund in respect of Class AA Inc Shares. Dividends paid out of capital of the Sub-Fund (if any) would amount to a return or withdrawal of part of the amount of an investor’s original investment, or from any capital gains attributable to that original investment. Any distributions involving payment of dividends out of the Sub-Fund’s capital may result in an immediate decrease in the net asset value per Class AA Inc Share of the Sub-Fund. The Directors of Manulife
Global Fund may, at any time, amend the dividend policy of the Sub-Fund, subject to the prior approval of the Securities and Futures Commission of Hong Kong and one month’s prior notice to the relevant Shareholders.

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