iFund Blog (selective articles are available in Chinese only)
Investment DiaryTramy Heung
Tramy is the portfolio manager of asset management and research department.
She is recognized as a fundamental research analyst, specializing in
blending fundamental and technical investment strategies for Hong Kong and
China equities. Ms. Heung is a holder of BSSc in Journalism and
Communication from The Chinese University of Hong Kong and she is a CFA(r)
Charterholder. She is the winner of Silver Trophy for Category B and The
Best Investment Plan Award in the Benchmark Advisor of The Year Award 2011.
Noble Apex Advisors Asset Management Team offers various managed-account services (MAS). Investment instruments of different asset classes and strategies are selected for better risk diversification on behalf of you, ensuring you a hassle-free life. On Tuesday and Thursday, publishes performances of MAS portfolios. Don't miss out latest news of MAS!
Conservative multi-asset class
Being internationally oriented, this portfolio aims to diversify across different asset classes where the global markets are braced for volatility. It aims to provide stability for investors seeking to minimize volatility and having a shorter investment horizon.
The core of the portfolio is constructed with bond instruments. Benchmark: 60% JPM Global Aggregate Bond Index + 30% MSCI World Index + 10% MSCI Emerging Market Index.
Moderate multi-asset class
Mainly focus on macro analysis and diversify across the global, this portfolio aims at long-term capital appreciation as well as and income growth, while reducing volatility over the medium- to long investment horizon of more than five years.
The portfolio is a flexible combination of stocks and bonds. Benchmark: 30% JPM Global Aggregate Bond Index + 30% MSCI World Index + 40% MSCI Emerging Market Index.
Aggressive multi-asset class
Capitalizing on long-term market trends, this portfolio is designed for investors seeking high-growth investment returns over the long term of more than 10 years. It aims to provide these returns with a lower level of volatility than a traditional high-growth portfolio.
The core of the portfolio is constructed with equities. Benchmark: 20% JPM Global Aggregate Bond Index + 30% MSCI World Index + 50% MSCI Emerging Market Index.
The portfolio invests primarily in securities issued by global companies, government or supranational institutions, with the aims to obtaining long-term stable capital appreciation and interest income. Duration, spread and credit risks are strictly managed.
Benchmark: Credit Sussie Asian Bond Corporate Total Return Index.
HK and China equities
In the 30 years of reform and opening up, China has been maintaining the leading positions as the worlds' top emerging markets. China will lead emerging economies in economic transitions, embracing opportunities everywhere. These portfolios aim to achieve long-term capital growth by investing primarily in Hong Kong stocks or Mainland A-shares. Stock selection and investment process is set to identify key beneficiaries of the current structural reform trend with an emphasis on business models, earning results, good corporate governance. It is designed to achieve better risk adjusted return.
Benchmark: Hong Kong China Enterprise Index and Shanghai Stock Exchange A Share Index
MSCI今早公佈了半年度指數審議結果，234只A股6月1日起被納入MSCI指數體系。今次調整剔除了9家公司，並新增11家公司進入MSCI中國A股國際通指數(MSCI China A Inclusion Index)，略微改變了中國股票將在MSCI明晟新興市場股指中所佔權重。銀行、非銀金融、醫藥生物等3大行業公司數量最多，分別為30家、20家、18家。分析預料