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BEA Global Resources Fund
(a Sub-Fund of Bank of East Asia Investment Series)
Fund Features Highlight
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Aim to capitalize long-term capital growth through investing in listed securities with focus on mining, agriculture, forestry, extraction of energy, oil and gas, exploration, processing and distribution, commodity-related industries, recycling, and renewable energy. |
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Capture investment opportunities arising as a result of imbalance of demand and supply of resources and commodities. |
Investors should be aware that the price of units may go down as well as up as the investments of the Fund are subject to market fluctuations and to the risks inherent in all investments. Past performance of the Fund is not indicative of future performance.
The summary provided herewith is only a brief introduction of BEA Global Resources Fund (the "Fund"). You have to refer to and carefully read the Explanatory Memorandum of the Fund for all relevant details and interpretation of terminology before you make investment decision to subscribe for Units of the Fund. Copies of the Explanatory Memorandum of the Fund can be obtained at your nearest Bank of East Asia Branch.
Investment Objective
Why Invest in the BEA Global Resources Fund?
Why Invest in the Fund?
When Can a Fund Transaction Be Made?
How Can I Track the Fund¡¦s Performance?
How Do I Subscribe or Redeem Fund Units?
Regular Contributions ¡V Monthly Investment Plan
SPECIAL OFFERs
Fund Facts
Fund price
Investment Manager
Investment Objective
The BEA Global Resources Fund promises to help you seek long-term capital growth through a diversified international portfolio of marketable securities, comprised primarily of equity securities and equity-linked securities, including common stocks, preferred stocks, warrants, equity deposits, equity-linked notes, and debt securities convertible into common stocks with a business focus on mining, agriculture, forestry, extraction of energy, oil and gas, exploration, processing and distribution, commodity-related industries, recycling, and renewable energy.
Why Invest in BEA Global Resources Fund?
Investment opportunities are arising as a result of the imbalance between supply and demand.
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Emergence of China and India as New Super-Commodity Consumers |
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Developing nations and emerging countries like China and India are rapidly industrialising. Surges in the demand for machinery and construction materials such as cement, chemicals, lumber, and metals are helping to strengthen infrastructure and propel economies forward. Demands for agricultural products are also increasing alongside rapid population growth. |
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Underinvestment in Production Capacities |
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Increased economic output leads to a supply shortage of basic materials and resources. As the structural expansion of an economy's supply capacity generally takes ten years to complete, the risk of supply bottlenecks increases, which in turn leads to serious shortfalls in the medium term. Rising geopolitical risks also add pressure to the transportation of resources. |
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Impact of Extreme Weather on Supply |
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Extreme weather conditions, natural disasters, and the rising costs of exploring non-renewable resources curb supply. Erratic weather patterns and intense phenomena such as hurricanes and monsoons impede exploration efforts and the transportation of resources, which restrict supply and elevate the costs of materials. |
Why Invest in the Fund?
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The Benefit of Diversification |
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In general, investors should diversify their investments in different investment tools and stocks to mitigate the downside risks to asset value in an uncertain market environment. The Fund serves as a cost-effective way for investors to invest in a diversified portfolio of globally marketable securities with a focus on raw materials and resources. |
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No Bid/Ask Spread for Subscription and Redemption |
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The net asset value per Unit of the Fund on the relevant Dealing Day will be used as the issue price and realisation price of the Fund, i.e. no bid/ask spread will be involved. Please refer to the "Fund Facts" below for details on other fees and charges. |
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Realisation Charge Waived for Class A Unitholders |
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The Realisation Charge will be waived# for Class A Unitholders of the Fund who redeem their Units. Partial redemption can be made, provided that the Unitholder maintains a minimum holding of US$2,000. |
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Switching Investment Strategy |
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If the Unitholder wishes to change his/her investment strategy, it is possible to switch the Units of any Fund class to Units of the same class of another Investment Fund within the BEA Investment Series on the same Dealing Day. |
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When Can a Fund Transaction Be Made?
Units of the Fund may be subscribed to or redeemed on any business day in Hong Kong, except on Saturdays, Sundays, and public holidays.
How Can I Track the Fund's Performance?
The Fund price (i.e. net asset value per Unit) will be published daily in the South China Morning Post and the Hong Kong Economic Times. In addition, you can click here to check the Fund price.
How Do I Subscribe or Redeem Fund Units?
You can subscribe to or redeem units of the Fund at any BEA branch on any business day. As an added convenience, customers can invest in the Fund via the Cyberfund Centre†, which can be accessed 24 hours a day through Cyberbanking.
† To enjoy this service, customers must hold a Cyberbanking account.
Regular Contributions ¡X Monthly Investment Plan
Class A Unitholders may choose to invest in the Fund through the Monthly Investment Plan:
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Minimum monthly subscription amount: HK$1,000 |
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When terminating the Investment Plan within 24 months after subscription, an early termination fee of HK$200 will be levied in the event that a Unitholder holds the Fund for less than HK$20,000 on the relevant Dealing Day. |
Fund Facts
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Class A |
Class B |
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Fund Inception Date |
10th March, 2008 |
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Fund Base Currency |
US Dollar |
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Minimum Initial Investment Amount |
USD2,000* |
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Minimum Additional Investment Amount |
USD1,000* |
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Minimum Holding Amount |
USD2,000* |
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Management Fee |
1.5% |
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Trustee Fee |
0.175% |
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Preliminary Charge |
Up to 5% of the issue price |
Nil |
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Realisation Charge |
Waived# |
Up to 3% of the realisation price
¡P Holding period of less than 2 years: 3%
¡P Holding period of 2 years or more but less than 4 years: 2%
¡P Holding period of 4 years or more: Nil |
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Investment Manager |
BEA Union Investment Management Limited |
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Investment Advisor |
Union Investment Institutional GmbH |
* (i) Inclusive of the Preliminary Charge (for Class A Units only)
(ii) The Manager may at his / her discretion agree to accept applications for investments of smaller amounts.
# Pursuant to the Trust Deed of the Fund, the Manager is entitled to levy a Realisation Charge on the realisation of Class A Units of up to 0.5% of the realisation price of such Units. The Manager currently agrees to waive such Realisation Charge.
Investment Manager
BEA Union Investment Management Limited ("BEA Union Investment") is the asset management joint venture between The Bank of East Asia ("BEA") and Union Asset Management Holding AG ("Union Investment"). BEA Union Investment is the sole asset investment centre for both BEA and Union Investment in Asia, with a combined investment team consisting of over 200 seasoned investment professionals based in Hong Kong and Frankfurt. We add value through the use of an active investment process and global research resources, and provide a wide range of quality and innovative investment products.
For details, please visit your nearest BEA location. With over 130 branches and SupremeGold Centres, BEA operates one of the largest banking networks in Hong Kong.
Enquiry Hotline: 2211 1311 |
Before entering into any transaction, investors should take reasonable steps to ensure that they understand the product/transaction and have made an independent assessment of the appropriateness of the transaction and are relying on their own assessment of the investment risks associated with the transaction or the Fund's suitability for their purpose, in the light of their own objectives and circumstances.
The information provided above is only a brief introduction to the Fund. For complete details, an interpretation of the terminology used with regard to the Fund, and the risks involved when investing in emerging markets, please refer to the Explanatory Memorandum of the Fund. Investors should also read the Explanatory Memorandum of the Fund for detailed information prior to any subscription.
Investments in the Fund are subject to investment risks, including the possible loss of principal amount invested. The price of units may go down as well as up, as the investments of the Fund are subject to market fluctuations and to the risks inherent in all investments. Past performance of the Fund is not indicative of future performance.
BEA reserves the right to amend or alter the content of this webpage at any time without prior notice. In the event of any dispute, the decision of BEA shall be final and conclusive.
The Fund has been authorised by the Securities and Futures Commission in Hong Kong . However, such authorisation does not imply official approval or recommendation.
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