Templeton Select Global Equity Fund A Acc HKD

鄧普頓智選環球股票基金 A類 Acc 港元

HK0000283272

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

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.00%

HKD10,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / RMB / USD / NZD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

15:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+4.63%
3 mth
+9.71%
6 mth
+3.99%
1 yr
0.00%
3 yr
+11.03%
5 yr
-

Analytical Figures (3 years)

Annualized Return
+3.55%
Annualized Volatility
+12.76%
Sharpe Ratio
+0.16

Fund Information

Fund Houses
Franklin Templeton Investments (Asia) Ltd.
Launch Date
2016-09-18
Fund Manager
Team Managed
Manager Start Date
Team Managed (Start Date: 2016-07-05)
Geographical Focus
Global
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 2019-10-30)
USD 5,555,887.737
Management Fee
1.00%
Latest Dividend
N.A.

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.00%

HKD10,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / RMB / USD / NZD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

15:30

-

Dividend Records

No Dividends

Investment Objective

The investment objective of the Fund is capital appreciation, which it seeks to achieve through a policy of investing in equity securities of companies throughout the world, including emerging markets.

Nature and Extent of Risks

Investment involves risks. Please refer to the offering document for details including the risk factors.
1. Equity risk:
The value of a Fund that invest in equity and equity related securities (including preferred stock) will be affected by economic, political, market and issuer specific changes. Such changes may adversely affect securities regardless of company specific performance which may in turn adversely affect the value of the Fund.
2. Emerging markets risk:
The Fund may invest in emerging markets, which are generally smaller and less liquid, with greater exposure to economic, political, and regulatory uncertainties, than developed markets. The risks of investments in emerging markets may include: investment and repatriation restrictions; the potential for higher market volatility; shallow and substantially less liquid securities markets; international and regional political and economic developments; possible imposition of exchange controls or other local governmental laws or restrictions. Investments in emerging markets may be considered speculative, and may lead to significant losses to the Fund.
3. Eurozone risk:
Mounting sovereign debt burdens and slowing economic growth among European countries, combined with uncertainties in European financial markets, including feared or actual failures in the banking system and the possible break-up of the Eurozone and Euro currency, may adversely affect interest rates and the prices of both fixed income and equity securities across Europe and potentially other markets as well. These events may increase volatility, liquidity and currency risks associated with investments in Europe. A single or several European countries may exit the Eurozone or a sovereign within the Eurozone may default on its debts. In the event of the break-up of the Eurozone or Euro currency, the Fund may be exposed to additional operational or performance risks with adverse consequences for the value of the Fund.
4. Market risk:
This is a general risk which affects all types of investment. Price trends are determined mainly by financial market trends and by the economic development of the issuers, who are themselves affected by the overall situation of the global economy and by the economic and political conditions prevailing in each country. Because the securities the Fund holds fluctuate in price, the value of your investment in the Fund will go up and down. You may not get back the amount you invested.
5. Foreign currency risk:
The Fund will typically invest to a significant degree in securities that are denominated in currencies other than the base currency of the Fund, and Units may be issued in a currency different from the Base Currency of the Fund, and its value may be adversely affected by changes in foreign exchange rates and the possibility of exchange control] regulations. Changes in currency exchange rates may also adversely affect the income earned by the Fund and gains and losses realized by the Fund.
6. Currency hedged class risk:
The Manager will be employing currency hedging strategies to reduce exchange rate fluctuations between the currency of the hedged Classes and the Base Currency of the Fund. Financial derivative instruments may be used by the hedged Classes of the Fund as part of such hedging strategy and the Fund may therefore be subject to the risks relating to such instruments. Factors that could adversely impact the ability of the Manager to achieve the hedging objective include transaction costs associated with implementing the hedging strategies and differences in notional amounts employed and the actual value of the position in the Fund being hedged. The precise hedging strategy may vary, and there is no guarantee that the hedging will be effective and investors of such hedged Classes may still be subject to the currency exchange risk on an unhedged basis. If the counterparties of the instruments default, investors in the hedged Classes may be exposed to currency risk on an unhedged basis and may therefore suffer further losses. In addition, the cost of hedging transactions will be borne by the hedged Classes. Hedged Classes will hedge the Base Currency of the Fund back to the Class Currency, on a best efforts basis, with an objective to align the performance of the hedged Classes to that of the equivalent Class denominated in the Base Currency of the Fund. This strategy may limit Unitholders of the relevant hedged Class from benefiting from any potential gain resulting from the appreciation of the Base Currency against the Class Currency.
7. Renminbi currency risks:
The RMB exchange rate is not pegged to the US dollar. RMB has now moved to a managed floating exchange rate based on market supply and demand with reference to a basket of foreign currencies. RMB exchange rate is also subject to exchange control policies. The exchange rate between RMB and other currencies may be susceptible to movements based on external factors and as a result investments in Classes denominated in RMB may be adversely affected by the fluctuations in the exchange rate between RMB and other foreign currencies even though underlying investments increase in value. RMB is currently not a freely convertible currency. The supply of RMB and the conversion of foreign currency into RMB are subject to foreign exchange control policies of and restrictions imposed by the Mainland authorities, and as such currency conversion is subject to the availability of RMB at the relevant time. There is a risk that payment of redemption monies in RMB may be delayed when there is not sufficient amount of RMB for currency conversion for settlement of the redemption monies in a timely manner. In any event, redemption monies will be paid within one calendar month upon receipt of all properly completed documentation. The RMB Class available in the Fund is valued with reference to offshore RMB (CNH) rather than onshore (CNY). RMB convertibility from CNH to CNY is a managed currency process. While CNH and CNY represent the same currency, they are traded in different and separate markets which operate independently. The value of CNH could differ from that of CNY due to a number of factors including without limitation foreign exchange control policies and repatriation restrictions. CNH does not necessarily have the same exchange rate, may have wider bid-offer spreads, and may not move in the same direction as compared to CNY. The fluctuation in the CNH/CNY exchange rate may impact the value of the RMB class. There can be no assurance that RMB will not be subject to devaluation, which may adversely affect the value of investors’ investments in the RMB Class. Investors of the RMB Class may have to convert HK dollar or other currency(ies) into RMB when investing in Classes denominated in RMB and subsequently convert the RMB redemption proceeds and/or dividend payment (if any) back to HK dollar or such other currency(ies). Investors will incur currency conversion costs and you may suffer losses depending on the exchange rate movements of RMB relative to HK dollar or such other currency(ies).
8. Value stock risk:
The Fund may select stocks using a bottom-up, long-term, value-oriented approach. To the extent that markets fail to recognise their expected value, investment may underperform other stock selection approaches.
9. Liquidity risk:
The Fund may not be able to easily sell securities due to adverse market conditions or reduced value of issuers in which it invests. The inability of the Fund to sell securities or positions may also impede the ability of the Fund to meet redemption requests in a timely manner. Certain securities may also be illiquid due to limited trading markets or contractual restrictions on their resale. Reduced liquidity due to these factors may have an adverse impact on the net asset value of the Fund.
10. Convertible Securities risk:
A convertible security is generally a debt obligation, preferred stock or other security that pays interest or dividends and may be converted by the holder within a specified period of time into common stock. The value of convertible securities may rise and fall with the market value of the underlying stock or, like a debt security, vary with changes in interest rates and the credit quality of the issuer. A convertible security tends to perform more like a stock when the underlying stock price is high relative to the conversion price (because more of the security’s value resides in the option to convert) and more like a debt security when the underlying stock price is low relative to the conversion price (because the option to convert is less valuable). Because its value can be influenced by many different factors, a convertible security is not as sensitive to interest rate changes as a similar non-convertible debt security, and generally has less potential for gain or loss than the underlying stock, which may have an adverse impact on the performance of the Fund.
11. Counterparty risk:
When over-the-counter (OTC) or other bilateral contracts are entered into, the Fund may find itself exposed to risks arising from the solvency of its counterparties and from their ability to respect the condition of these contracts and the Fund/investors may be adversely impacted.
12. Securities lending risk:
Securities lending transactions involve certain risks and there can be no assurance that the objective sought to be obtained from such use will be achieved. In case of default, bankruptcy or insolvency of the borrower of securities lent by the Fund, there is a risk of delay in recovery or failure to recover the securities lent (that may restrict the ability of the Fund to meet delivery obligations under security sales), or even loss of rights in collateral received. Further, if the borrower of securities fails to return the securities lent to the Fund, there is a risk that the collateral received may be of lower value than the securities lent, whether due to inaccurate pricing, adverse market movements, deterioration in the credit rating of issuers of the collateral, or the illiquidity of the market in which the collateral is traded. Investors should note the potential risk of loss or adverse impact to the performance of the Fund as a result.

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852
3896 3896

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