Taikang Kaitai China New Opportunities A HKD Acc

泰康開泰中國新機會基金 A類 港元 Acc

HK0000320223

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

HKD15,000.00Min. Subscription

1.75%

HKD15,000.00Min. Subscription

HKD / RMB / USD

HKD15,000.00Min. Subscription

HKD15,000.00

HKD15,000.00

Daily

14:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+4.91%
3 mth
+12.95%
6 mth
+9.98%
1 yr
+10.39%
3 yr
-
5 yr
-

Analytical Figures (3 years)

Annualized Return
-
Annualized Volatility
-
Sharpe Ratio
-

Fund Information

Fund Houses
Taikang Asset Management (Hong Kong) Company Limited
Launch Date
2017-02-14
Fund Manager
Jim Chen
Manager Start Date
Jim Chen (Start Date: 2017-02-15)
Geographical Focus
China
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 )
-
Management Fee
1.75%
Latest Dividend
N.A.

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD15,000.00Min. Subscription

1.75%

HKD15,000.00Min. Subscription

HKD / RMB / USD

HKD15,000.00Min. Subscription

HKD15,000.00

HKD15,000.00

Daily

14:30

-

Dividend Records

No Dividends

Investment Objective

The Taikang Kaitai China New Opportunities Fund seeks to provide investors with capital appreciation over the long term, primarily through China related investments in the equity markets.

Nature and Extent of Risks

Investment involves risks. Please refer to the Explanatory Memorandum for details including the risk factors.
1. General 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. Currency and conversion risks
Currency risk
- Underlying investments of the Sub-Fund may be denominated in currencies other than the base currency of the Sub-Fund. Also, a class of Units may be designated in a currency other than the base currency of the Sub-Fund. The NAV of the Sub-Fund may be affected unfavourably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.
Conversion risk
-Where an investor subscribes for Units denominated in RMB or USD, the Manager will convert such subscriptions into the relevant currency prior to investment at the applicable exchange rate and subject to the applicable spread. Where an investor redeems Units denominated in RMB or USD, the Manager will sell the Sub-Fund's investments denominated in the relevant currency and convert such proceeds into RMB or USD (as applicable) at the applicable exchange rate and subject to the applicable spread.
RMB currency and conversion risks
- RMB is currently not freely convertible and is subject to exchange controls and restrictions.
- Investors may be adversely affected by movements of the exchange rates between RMB and other currencies. Non-RMB based investors are exposed to foreign exchange risk and there is no guarantee that the value of RMB against the investors’ base currencies (for example HKD) will not depreciate. Any depreciation of RMB could adversely affect the value of investors’ investments in the Sub-Fund.
- Under exceptional circumstances, payment of redemptions and/or dividend payment in RMB may be delayed due to the exchange controls and restrictions applicable to RMB.
3. Concentration risk
- The Sub-Fund’s investments are concentrated in equities and equity-related securities issued by companies incorporated in, or exercising the predominant part of their economic activity in China. The value of the Sub-Fund may be more volatile than that of a fund having a more diverse portfolio of investments.
4. Emerging market risk
- The Sub-Fund invests in emerging markets which may involve increased risks and special considerations not typically associated with investment in more developed markets, such as liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility.
5. Risks associated with equities
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.
Risk associated with high volatility of the equity market
- High market volatility and potential settlement difficulties in the markets in Hong Kong, Singapore, Taiwan and the United States of America may also result in significant fluctuations in the prices of the securities traded on such markets and thereby may adversely affect the value of the Sub-Fund.
Risk associated with regulatory/exchanges requirements/policies of the equity market
- Securities exchanges in Hong Kong, Singapore, Taiwan and the United States of America typically have the right to suspend or limit trading in any security traded on the relevant exchange. The government or the regulators may also implement policies that may affect the financial markets. All these may have a negative impact on the Sub-Fund.
6. Risks of investing in other collective investment schemes
- The underlying collective investment schemes in which the Sub-Fund may invest may not be regulated by the SFC. There may be additional costs involved when investing into these underlying collective investment schemes. There is also no guarantee that the underlying collective investment schemes will always have sufficient liquidity to meet the Sub-Fund’s redemption requests as and when made.
7. Risks associated with distributions out of/effectively out of capital
- Payment of distributions out of capital and/or effectively out of capital amounts to a return or withdrawal of part of an Unitholder’s original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction of the NAV per Unit.
- The distribution amount and NAV of the hedged classes of Units may be adversely affected by differences in the interest rates of the reference currency of the hedged classes of Units and the Sub-Fund’s base currency, resulting in an increase in the amount of distribution that is paid out of capital and hence a greater erosion of capital than other non-hedged classes of Units.

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Hotline

852
3896 3896

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North Point, Hong Kong

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

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