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BEA Union Investment Signature Portfolio Funds
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IMPORTANT
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BEA Union Investment Signature Portfolio Funds is an umbrella fund and has within it different Sub-funds, each of which is a fund of funds with different risk profile investing in global bond funds and/or money market funds and/or global equity funds. |
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Some Sub-funds may invest in collective investment schemes which may invest substantially in financial derivatives instruments ("FDIs"), which are highly volatile. Exposure to FDIs involves additional credit/counterparty, market and liquidity risks and may result in substantial losses. Given the leverage effect embedded in certain types of FDIs, such investments may result in losses as much as 100% of the net asset value of the relevant Sub-fund. |
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Some Sub-funds may invest in collective investment schemes which may invest in any one or a combination of the following instruments:
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asset-backed securities, mortgage-backed securities, collateralised debt obligations and/or credit default swaps; |
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investment grade securities which may be downgraded to below investment grade securities; and/or |
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below investment grade securities. | Investing in any one of the above instruments may involve substantial credit, market, liquidity, and downgrading risks. Where the Sub-funds invest in a collective investment scheme which may invest in below investment grade securities, such below investment grade securities may be exposed to greater credit and liquidity risks than higher rated securities. Investors may suffer substantial losses if such risks materialise. |
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Some Sub-funds may invest in collective investment schemes which invest in countries with smaller capital markets or emerging markets which involve risks such as increased volatility, limited liquidity, and higher regulatory and legal risks. |
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The investment decision is yours, but you should not invest in the Sub-funds unless the intermediary who sells the Sub-funds to you has explained to you that it is suitable for you and why, including how buying the Sub-funds would be consistent with your investment objectives. |
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Investors should not make an investment decision based solely on this webpage. | |
The summary provided herewith is only a brief introduction of BEA Union Investment Signature Portfolio Funds (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 FUND?
HOW TO SUBSCRIBE OR REDEEM UNITS OF THE FUND?
FUND FACTS
MONTHLY FUND FACTSHEET
SUB-FUNDS' PRICE
FINANCIAL STATEMENTS
INVESTMENT OBJECTIVE
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The BEA Union Investment Signature Portfolio Funds (the ˇ§Fundˇ¨) is an umbrella fund that currently offers units in four separate pools of assets (the ˇ§Sub-fundsˇ¨). Each Sub-fund has its own separate and distinct investment policy. The four Sub-funds are the BEA Union Investment Stable Fund, BEA Union Investment Balanced Fund, BEA Union Investment Growth Fund, and BEA Union Investment Aggressive Fund. |
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The BEA Union Investment Stable Fund seeks to achieve long-term stable capital growth by investing its assets primarily in global bond funds, money market funds, and global equity funds managed by reputable specialist fund managers. It is expected that about 60%-90% of the assets of the BEA Union Investment Stable Fund will be strategically invested in global bond funds, money market funds and/or cash, with the remainder primarily in global equity funds. |
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The BEA Union Investment Balanced Fund seeks to achieve long-term capital appreciation by investing its assets primarily in global bond funds, money market funds, and global equity funds managed by reputable specialist fund managers. It is expected that about 35%-65% of the assets of the BEA Union Investment Balanced Fund will be strategically invested in global bond funds, money market funds and/or cash, with the remainder primarily invested in global equity funds. |
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The BEA Union Investment Growth Fund seeks to achieve an above average capital appreciation over the long term by investing its assets primarily in global equity funds, global bond funds, and money market funds managed by reputable specialist fund managers. It is expected that about 60%-90% of the assets of the BEA Union Investment Growth Fund will be strategically invested in global equity funds, with the remainder primarily in global bond funds, money market funds and/or cash. |
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The BEA Union Investment Aggressive Fund seeks to achieve considerable long-term capital appreciation by investing primarily in global equity funds managed by reputable specialist fund managers. It is expected that up to 100% of the assets of the BEA Union Investment Aggressive Fund will be strategically invested in global equity funds. Given the investment characteristics of equities, it is expected that the returns will be volatile in the short term. |
WHY INVEST IN THE FUND?
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Dedicated Investment Experts |
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Researching asset classes and funds is time consuming and requires considerable resources and expertise. Outsourcing the investment decision to a dedicated expert frees investors up to focus on other priorities and endeavours. The professionals managing the Fund have extensive expertise in asset allocation as well as selecting and monitoring the most talented fund managers globally. Therefore, each Sub-fund provides investors with diverse exposure to multiple asset classes, each managed by best-in-class experts from around the world. |
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Triple-action Investment Approach |
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The Fund is designed to help diversify risk and build wealth over the long-term. |
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Active Asset Allocation ˇV Risk is diversified over a number of different asset classes that are not expected to perform in the same way over time. Our specialist team uses a proprietary process to tilt the portfolio towards the most attractive asset class at any given time, while still staying within controlled risk guidelines. |
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Active Fund Selection ˇV We believe that no single asset manager can be the best across all different countries and asset types. Therefore, we outsource management to external specialists for most asset classes and will switch between managers as and when needed. |
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Active Security Selection ˇV The underlying funds we use employ various direct investment techniques to attain their individual performance targets. This final source of outperformance for the Fund is what helps to seek optimal returns at every stage of the economic cycle. | |
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A Tailored Strategy to Suit Your Needs |
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Each Sub-fund is designed to meet the different needs of a different type of investor, such as young savers, who want to explore market opportunities and silver agers, who aim for stable growth and liquidity. Each Sub-fund is also designed to be the core element of an investorˇ¦s portfolio, generating steady, modest returns over time. A Sub-fund can serve as a stand-alone vehicle or be complemented by other investments of an investorˇ¦s choice, such as property, hedge funds, or single stock equities. |
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Greater Access |
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Multi-asset funds across various asset classes or regions embrace new investment opportunities beyond what is normally accessible to single investors. This can increase the potential for positive returns. |
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Multi-manager Service, Single-manager Fee |
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Investors enjoy the benefits of a sophisticated and resource-intensive multi-manager fund structure while they are only charged one level of management fee ˇV much like traditional single-manager funds in the market. |
HOW TO SUBSCRIBE OR REDEEM UNITS OF THE FUND?
You can subscribe for or redeem units of the Fund at any BEA branch on any business day. As an added convenience, you 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
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BEA Union Investment Stable Fund |
BEA Union Investment Balanced Fund |
BEA Union Investment Growth Fund |
BEA Union Investment Aggressive Fund |
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Class A Units |
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Fund Inception Date |
3rd January, 2005 |
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Fund Base Currency |
US dollar |
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Minimum Initial Subscription |
US$2,000* |
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Minimum Additional Subscription |
US$1,000* |
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Minimum Subsequent Holding |
US$2,000* |
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Management Fee |
1.50% p.a. |
1.50% p.a. |
1.75% p.a. |
1.75% p.a. |
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Trustee Fee |
0.125% p.a. |
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Preliminary Charge |
Up to 5% of the issue price |
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Realisation Charge |
0%# |
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Switching / Conversion Charge |
1% |
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Investment Manager |
BEA Union Investment Management Limited |
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(i) Inclusive of the Preliminary Charge
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The Manager may at his/her discretion agree to accept applications for investment of smaller amounts. | |
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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. |
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FINANCIAL STATEMENTS
2009 Annual Report
2010 Interim Report
| NOTES AND WARNING STATEMENT TO INVESTORS
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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. |
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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. |
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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. |
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Performance figures of the Fund are for illustrative purposes only and are not indicative of the actual return likely to be achieved. |
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The Fund has been authorised by the Securities and Futures Commission in Hong Kong. However, such authorisation does not imply official recommendation of the Fund. |
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This webpage has not been reviewed by the Securities and Futures Commission in Hong Kong. |
Issuer: BEA Union Investment Management Limited.
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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 | |
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