 |
BEA Hong Kong Dollar (HK$) Bond Fund
(a Sub-fund of the BEA Capital Growth Fund)
IMPORTANT
 |
The BEA Hong Kong Dollar (HK$) Bond Fund (the "Fund") seeks long term capital growth in Hong Kong dollar terms through investment in a portfolio consisting primarily of Hong Kong dollar denominated interest bearing securities. The Fund will mainly invest in bonds issued by governments, quasi-governmental organisations, multilateral international agencies, and blue chip corporations. |
| |
The Fund invests in a single market which may subject to higher concentration risk than funds which invest in a number of different markets. |
| |
The investment decision is yours, but you should not invest in the Fund unless the intermediary who sells it to you has explained to you that the Fund is suitable for you and why, including how buying it would be consistent with your investment objective. |
| |
Investors should not make an investment decision based solely on this webpage. | |
FUND FEATURES HIGHLIGHT
| |
Aim to capitalize long-term capital growth through investing in Hong Kong dollar denominated interest bearing securities mainly from bonds issued by governments, quasi-governmental organisations, multilateral international agencies, and blue chip corporations. |
| |
|
|
Enjoy stable returns regardless of market sentiment. |
The summary provided herewith is only a brief introduction of BEA Hong Kong Dollar (HK$) Bond Fund (the "Fund"). You have to refer to and carefully read the Explanatory Memorandum of the Fund for all relevant details and interpretation of terminology before you make investment decision to subscribe for Units of the Fund. Copies of the Explanatory Memorandum of the Fund can be obtained at your nearest Bank of East Asia Branch.
Investment Objective
Why Invest in the BEA Hong KONG Dollar (HK$) bond Fund?
about the Fund
When Can a Fund Transaction Be Made?
How Can I Track the Fund's Performance?
How Do I Subscribe to or Redeem Fund Units?
Fund Facts
monthly fund Factsheet
Fund price
Investment Manager
financial statements
Investment Objective
The Fund seeks long term capital growth in Hong Kong dollar terms through investment in a portfolio consisting primarily of Hong Kong dollar denominated interest bearing securities. The fund will mainly invest in bonds issued by governments, quasi-governmental organisations, multilateral international agencies, and blue chip corporations.
Why Invest in BEA hong kong dollar (hk$) bond Fund?
| |
Stable Interest Income |
| |
Hong Kong dollar bonds provide stable interest income. This is suitable for investors who would like to maintain Hong Kong dollar deposits, but are looking for higher yield returns. |
| |
|
| |
Stable and Steady Investment in a Volatile Market |
| |
The global economy is in the midst of economic contraction. Therefore, short-dated interest rates are expected to remain low for the long term. This fund's investment is favourable for investors, as it provides steady interest income in this volatile investment environment. Bonds invested by the Fund are less subject to price fluctuation as they are high in credit quality and are actively managed on maturity. |
| |
|
| |
Diversification of Investment |
| |
In general, investors should diversify their investments by selecting different investment tools to mitigate the downside risk of asset value in an uncertain market environment. The Fund provides investment opportunities other than equity and property. Returns (coupon plus bond price appreciation) do not correlate to the performance of the equity and property markets. This is because a sharp and prolonged slow-down in the economy generally detracts from the performance of the equity and property markets, whereas bond prices normally benefit from low interest rates. The fund serves as a cost-effective way for investors to invest in a diversified portfolio of globally marketable securities with a focus on Hong Kong dollar denominated interest bearing securities. |
| |
|
|
High Quality Investment |
| |
The Fund composes of high quality bond issues, with an average credit rating not lower than a single A. Investors can expect to enjoy steady growth with the help of our professional fund managers, who leverage their experience in picking the right bonds for the Fund. |
ABOUT the Fund
|
No Bid/Ask Spread for Subscription and Redemption |
| |
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. |
| |
|
|
Realisation Charge Waived for Class B Unitholders |
| |
The Realisation Charge will be waived# for Class B Unitholders of the Fund who redeem their Units. Partial redemption can be made, provided that the Unitholder maintains a minimum holding of HK$10,000. |
| |
|
|
Switching Investment Strategy |
| |
If Unitholders wish to change their 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 Captial Growth Fund on the same Dealing Day. |
When Can a Fund Transaction Be Made?
Units of the Fund may be subscribed for 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 to 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.
FUND FACTS
|
|
Class B Units |
| Fund Inception Date |
2nd June, 2008 |
| Fund Base Currency |
HK Dollar |
| Minimum Initial Investment Amount |
HK$10,000* |
| Minimum Additional Investment Amount |
HK$5,000* |
| Minimum Holding Amount |
HK$10,000* |
| Management Fee |
0.75% p.a. |
| Trustee Fee |
0.075% p.a. |
| Preliminary Charge |
Up to 5% of issue price |
| Realisation Charge |
Waived# |
| Investment Manager |
BEA Union Investment Management Limited |
|
|
| * |
(i) Inclusive of the preliminary charge (for Class B Units only)
| (ii) |
The Manager may at his / her discretion agree to accept applications for investment 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 B 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.
financial statements
NOTES AND WARNING STATEMENT TO INVESTORS
|
Investments in the Fund are subject to investment risks, including the possible loss of the principal amount invested. For full details and risk factors of the Fund, 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. |
|
|
The information contained herein is only a brief introduction to the Fund. It does not constitute an offer, recommendation, or solicitation to buy or sell any securities or financial instruments. |
| |
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. |
|
|
Performance figures of the Fund are for illustrative purposes only and are not indicative of the actual return likely to be achieved. |
|
|
The Fund has been authorised by the Securities and Futures Commission and approved by the Mandatory Provident Fund Schemes Authority in Hong Kong. However, such authorisation and approval do not imply official recommendation of the Fund. |
|
|
This webpage has not been reviewed by the Securities and Futures Commission in Hong Kong. |
Issuer: BEA Union Investment Management Limited.
|
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 | |
|
