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Fund Details

Information as of {{ lastBusinessDay }}
NAV PER UNIT
Daily Change
at NAV - - %

Fund Cumulative Performance (%)

This share class has not yet been launched. There is insufficient data to provide a useful indication of past performance to investors

Calendar Year Performance (%)

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{{ py.perf | number:1 | nav9999 }}
Not Yet Launched

* Past performance information is not indicative of future performance. Investors may not get back the full amount invested.
* The computation basis of the performance is based on the calendar year end. NAV-to-NAV, with dividends (if any) reinvested.
* These figures show by how much the share class increased or decreased in value during the calendar year (being) shown. Performance data has been calculated in {{pageFundCcy }} including ongoing charges and excluding subscription fee and redemption fee you might have to pay.
* Where no past performance is shown there was insufficient data available in that year to provide performance.
* Sub-Fund Launch Date: Not yet launched
* Share Class Launch Date: Not yet launched

INVESTMENT OBJECTIVE

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Fund information

Fund name {{ fundfi[fundCode].fi_fundname }}
Sub-Fund name {{ fundNameCap }}
Trustee {{ fundfi[fundCode].fi_trustee }}
Investment manager(s) {{ fundfi[fundCode].fi_investmentmanagers }}
Investment restrictions Please refer to the Explanatory Memorandum
Risk considerations Investment involves risks. Please refer to the Hong Kong offering document for details including the risk factors. The Sub-Fund’s investment portfolio may fall in value due to any of the following key risks and therefore investors may suffer losses:

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.

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 of investing in specific sector
The Sub-Fund’s investments are concentrated in companies of certain sectors of the economy. The value of the Sub-Fund may be more volatile than that of a fund having a more diverse portfolio of investments.

Single region risk
The Sub-Fund may hold securities denominated in a currency other than the base currency. Changes in foreign currency exchange rates will affect the value of securities held in the Sub-Fund or value of shares held by the shareholders respectively. A depreciation of the denomination currency will lead to depreciation in the exchange value of the securities. Shareholders investing in the Sub-Fund other than in its base currency should be aware that exchange rate fluctuations could cause the value of their investment to diminish.

Emerging markets 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.

Currency and foreign exchange 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 net asset value of the Sub-Fund may be affected unfavorably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.

RMB currency and conversion risks
• RMB is currently not freely convertible and is subject to exchange controls and restrictions.
• 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 investor’s investment in the Sub-Fund.
• Although offshore RMB in Hong Kong (“CNH”) and onshore RMB in China (“CNY”) are the same currency, they trade at different rates. Any divergence between CNH and CNY may adversely impact investors.

RMB denominated class(es) related risks
• When calculating the value of the RMB denominated class(es), CNH will be used. The CNH rate may be at a premium or discount to the exchange rate for CNY and there may be significant bid and offer spreads. The value of the RMB denominated class(es) thus calculated will be subject to fluctuation.
• Non-RMB based (e.g. Hong Kong) investors may have to convert HKD or other currencies into RMB when investing in the RMB denominated class(es). Subsequently, investors may also have to convert the RMB redemption proceeds (received when selling the units) and RMB distributions received (if any) back to HKD or other currencies. During these processes, investors will incur currency conversion costs and may suffer losses in the event that RMB depreciates against HKD or such other currencies upon receipt of the RMB redemption proceeds and/or RMB distributions (if any).
• For unhedged RMB denominated class(es), depending on the exchange rate movements of RMB relative to the base currency of the Sub-Fund and/or other currency(ies) of the non-RMB-denominated underlying investments of the Sub-Fund,investors may still suffer losses even if there are gains or no losses in the value of the non-RMB-denominated underlying investments.
• Under the scenario where RMB appreciates against the currencies of the underlying investments and/or the base currency of the Sub-Fund (i.e. USD), and the value of the underlying investments decreased, the value of investors’ investments in any unhedged RMB denominated class(es) may suffer additional losses.
• In case of sizeable redemption requests for the RMB denominated class(es) are received or under exceptional circumstances, payment of redemption requests and/or distributions in RMB (if any) from the RMB denominated class(es) may be delayed due to the exchange controls and restrictions applicable to RMB.

Risks of investing in other funds
• The underlying funds in which the Sub-Fund may invest in may not be regulated by the Securities and Futures Commission. There may be additional costs involved when investing into these underlying funds. There is also no guarantee that the underlying funds will always have sufficient liquidity to meet the Sub-Fund’s redemption requests as and when made.
Distributors •   •  

^ ^Benchmark - The benchmark is a price return basis that does not include reinvestment of dividends / income.

Important Note

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Sub-fund Portfolio Composition

Holdings (Top Ten)
Constitutent Constitutent
weighting (%)
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Sector Allocation
Sector Name Sector
weighting (%)
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Country Allocation
Country Name Country
weighting (%)
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Rating Allocation
Rating Rating
weighting (%)
No Rating allocation for this fund
{{ s.sectorName }} {{ s.sectorWeighting * 100 | number:2 }}

Important Information

Disclaimer

Investment involves risk. It cannot be guaranteed that the performance of the Sub-Fund will generate a return and there may be circumstances where no return is generated or the amount invested is lost. Past performance is not indicative of future performance. Before making any investment decision to invest in the Sub-Fund, investors should read the Hong Kong offering documents of the Sub-Fund for details and the risk factors. Investors should ensure they fully understand the risks associated with the Sub-Fund and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investment.

If investment returns are not denominated in USD or HKD, USD- or HKD-based investors are exposed to exchange rate fluctuations.

Rating & Awards

  • Morning Star1

Fund Facts

  • Sub-Fund Launch DateNot yet launched
  • Share Class Launch DateNot yet launched
  • Base currencyUSD
  • DomicileHong Kong
  • Fund StructureUnit Trust
  • Sub-Fund Size (Million) Not yet launched
  • Share Class Size (Million) Not yet launched
  • Benchmark^
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    ^Benchmark - The benchmark is a price return basis that does not include reinvestment of dividends / income.
  • Other available share classes
  • Fees
  • Subscription Fee
  • • Class A: Up to 5.25% of subscription amount
    • Class I: Up to 1% of subscription amount
  • Switching Fee
  • • Class A: Up to 1% of subscription amount of the new units
    • Class I: Up to 1% of subscription amount of the new units
  • Redemption Fee
  • • Class A: Nil
    • Class I: Up to 1% of redemption amount
  • Other ongoing Charges
  • Management Fee
  • • Class A: 1.5%
    • Class I: 1%
  • Trustee Fee
  • 0.12% subject to minimum monthly fee of USD5,000
  • Administration Fee
  • Included in Trustee Fee
  • Registrar Fee
  • • Account maintenance fee: 1 to 50 investors: USD6,000 per annum;
    Addition investor thereafter: USD100 per annum per investor
    • Transaction fee: USD25 per subscription, redemption and transfer transaction
    You may have to pay other fees when dealing in the units of the Sub-Fund. You should note that such fees may be increased, up to a specified permitted maximum, by giving unitholders at least one month’s prior notice. For details please refer to the section headed “Fees and Expenses” and Appendix 1 in the Explanatory Memorandum.