Haitong MPF Retirement Fund MPF Fund Fact Sheet …...Haitong MPF Retirement Fund 海通MPF退休金...
Transcript of Haitong MPF Retirement Fund MPF Fund Fact Sheet …...Haitong MPF Retirement Fund 海通MPF退休金...
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Haitong MPF Retirement Fund
海通MPF退休金
Fund Fact Sheet 基金報告
Important Notes 重要事項
• The Haitong MPF Retirement Fund (the “Retirement Fund”) is a registered mandatory provident fund scheme
and offers different Constituent Funds§ which directly invest in or invest through Approved Pooled Investment
Funds in, primarily but not limited to, equity, money market instruments and/or fixed income instruments, each
with a different risk profile.
• Investors should consider their own risk tolerance level and financial circumstances before making any
investment choices in the Retirement Fund. When investors select funds and are in doubt as to whether a
certain fund is suitable for themselves (including whether it is consistent with their investment objectives),
investors should seek independent financial and/or professional advice and choose the fund(s) most suitable
for themselves taking into account their circumstances.
• The Investor should not make investment decisions based on this factsheet alone. The investor should always
read the Explanatory Memorandum as amended by the addenda of the Retirement Fund for further details
(including risk factors, fees & charges and fund information).
• Investments are subject to risks, including but not limited to investment risks, concentration risks, credit risks
(including issuer and counterparty risks), currency risks, interest rate risks and liquidity risks associated with
the investment. The value of units may go down as well as up. Past performance is not indicative of future
performance. There is no assurance on investment returns and your investment may suffer significant losses.
• 海通MPF退休金 (「本退休金」)是一個註冊的強制性公積金計劃,並且提供不同的成分基金§以供認購,這些成分基金§直接或透過核准匯集投資基金,主要但不限於,投資於股票、貨幣市場工具及/或定息工具,每一成分基金§各具不同風險概況。
• 投資者作任何關於本退休金的投資決定前,應考慮其可承受風險程度及財務狀況。如投資者在選擇基金時對某隻基金是否適合其需要有任何疑問時(包括該基金的投資目標與投資者本身的投資目標是否一致),投資者應尋求獨立的財務及/或專業意見及根據其自身狀況選擇最合適的基金。
• 投資者不應單就此基金報告提供之資料而作出投資決定。投資者在作投資決定前應參閱本退休金的基金說明書 (經補編修訂)之詳情(包括其風險因素,收費和費用及基金資料)。
• 投資涉及風險,包括但不限於投資風險、集中風險、信貸風險 (包括發行商和交易對手風險)、貨幣風險、利率風險及流通性風險。基金單位價值可升亦可跌。往績並不代表將來表現。投資回報並無擔保,而閣下的投資或會承受重大損失。
Haitong MPF Employer Hotline 海通MPF 退休金僱主熱線: 3663 7288 Haitong MPF 24 Hours Auto Info-line 海通MPF 24小時自助資訊通: 2500 1600
Website 網址: www.htisec.com/asm
§ “Constituent Funds” is defined in the Explanatory Memorandum as “a separate pool of assets of the Retirement Fund, which is invested and administrated separately from other assets of the Retirement Fund”. In particular, the Constituent Funds under the Retirement Fund include Haitong MPF Conservative Fund, Haitong Korea
Fund, Haitong Asia Pacific (excluding HK) Fund, Haitong Hong Kong SAR Fund and Haitong Global Diversification Fund,Haitong Age 65 Plus Fund and Haitong Core
Accumulation Fund. 在基金說明書裹,「成分基金」被定義為「指與本退休金的其他資產分開投資及管理的本退休金的獨立集合資產」。具體而言,本退休金的成分基金包括海通強積金保守基金、海通韓國基金、海通亞太(香港以外)基金、海通香港特區基金及海通環球分散基金、海通65歲後基金及海通核心累積基金。
as of 31/12/2019 截至2019年12月31日
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TOP TEN HOLDINGS 十大持股
Securities 證券
% of Net Asset Value
佔資產淨值之百分比
Tencent Holdings Ltd (騰訊) 9.01
AIA Group Ltd (友邦保險) 8.92
Ping An Insurance Group Co of China Ltd (中國平安) 7.87
China Construction Bank Corporation (建設銀行) 6.13
China Mengniu Dairy Co Ltd (中國蒙牛) 4.28
MTR Corporation (港鐵公司) 3.80
Industrial & Commercial Bank of China Ltd (工商銀行) 3.71
Anhui Conch Cement Co Ltd (海螺水泥) 3.71
Sunny Optical Technology Group
(舜宇光學科技(集團)有限公司) 3.65
Hong Kong Exchanges and Clearing Ltd (香港交易所) 3.39
Haitong MPF Retirement Fund
海通MPF退休金
FUND OBJECTIVES 基金目標 The Haitong Hong Kong SAR Fund seeks to provide investors with growth potential
through exposure to Hong Kong equities. The fund will mainly invest in securities
which are listed on the Hong Kong stock exchange and/or linked with significant
business exposures to Hong Kong economy, although it may from time to time invest
in money market and/or other fixed income instruments.
海通香港特區基金透過投資於香港股票,目標為投資者提供資本增值潛力。基金會主要投資於在香港聯合交易所掛牌之股票及/或與香港經濟有著重要的商業聯繫的股票,但基金亦會間中投資於貨幣市場及/或其他定息投資工具。
& The Fund Size includes the subscription and redemption transactions as of the last dealing date
of the month. 此基金資產值包含當月最後一個交易日的申購額及贖回額。
^ The Fund Expense Ratio outlines the fee and charges of the relevant fund in percentage for the
scheme financial year ended on 30/6/2019. 基金開支比率以百分率顯示有關截至 2019年6月30日止財政年度的收費。
# The Risk Indicator is an annualized standard deviation based on the monthly rates of return of the
fund over the past three years. 風險標記是根據基金過往三年按月回報率計算的年度標準差。 * Fund return is sourced from Lipper on an NAV-to-NAV (net asset value) basis as of , in Hong
Kong Dollars with dividends reinvested; Index return refers to Hang Seng (Total Return) Index, is
sourced from Lipper, in Hong Kong Dollars. 基金回報以理柏於31/12/2019,港元,資產淨值價格為基準,收益再投資;指數回報參考理柏,恒生(總回報)指數,以港元結算。
With effect from 19 September 2012, offer spread is not levied on the issue of units. 由2012年9月19日起,基金單位之發行並無收取賣出差價。
Past performance is not indicative of future performance. 往績並不代表將來表現。 Source: Haitong International Investment Managers Limited. 資料來源:海通國際投資經理有限公司。
PERFORMANCE CHART 基金表現圖 Since Inception (01/02/2001) 自成立起 (2001年2月1日)
FUND INFORMATION 基金資料
Fund Descriptor 基金類型描述 Equity Fund - Hong Kong
股票基金 - 香港
Fund Size& 基金資產值& 港幣 HK$229.46 (百萬) (Class A & T) (A及T類別)
Inception Date 成立日期 01.02.2001
Latest Fund Expense Ratio^
最近期的基金開支比率^
Class A
A 類別 1.70%
Class T
T 類別 1.63%
Risk Indicator# 風險標記#
Annualized Standard Deviation 年度化標準差
On a 3-year basis
以三年為基準計算
Class A
A 類別 14.69%
Class T
T 類別 14.69%
FUND PERFORMANCE 基金表現
CLASS
類別
ANNUALIZED RATE OF RETURN
年度化回報率
CALENDAR YEAR RETURN
每曆年度回報
1 Year
1年 3 Years
3年 5 Years
5年 10 Years
10年
Since Inception
自成立起 2012 2013 2014 2015 2016 2017 2018 2019
Fund Return*
基金回報(%)*
A 15.19% 13.82% 6.71% 4.46% 10.09% 22.57% 7.64% 3.70% -3.77% -2.47% 50.06% -14.70% 15.19%
T 15.28% 13.91% 6.79% 4.59% 10.70% 22.74% 7.80% 3.80% -3.72% -2.38% 50.19% -14.64% 15.28%
Index Return*
指數回報(%)* 13.04% 12.63% 7.44% 6.29% 6.64% 27.46% 6.55% 5.48% -3.92% 4.30% 41.29% -10.54% 13.04%
HAITONG HONG KONG SAR FUND 海通香港特區基金 Issue Price 單位價格 (Class A) (A類別) (Class T) (T類別)
INVESTMENT COMMENTARY 投資評論
Hong Kong stock market was strong in the fourth quarter 2019. Several factors
helped drive the market higher in the year end. First of all, China business surveys
showed the manufacturing sector continued to expand. Second, the central bank of
China continued to pump cash into the money market via medium-term lending
facility (MLF) to meet liquidity demand in the banking system. Lastly, both US and
China announced to reach a phase one trade deal, provided a significant relief for the
stock market. Given the positive market sentiment, the Hang Seng Index and Hang
Seng China Enterprises Index rallied 8.04% and 9.48% in the fourth quarter,
respectively. In mainland China, market sentiment was also boosted by the progress
made at trade talks, sending the Shanghai Composite Index and Shenzhen
Component Index to grow 4.99% and 10.42%, respectively.
香港股市在2019年第四季度表現強勁,多個因素驅動股市在年末持續攀升。首先,資料顯示中國製造業繼續改善,商業活動維持在擴張的景氣區間。其次,中國央行通過中期借貸便利(MLF)繼續向市場注入資金,保持較為寬鬆的貨幣環境以滿足銀行系統對流動性的需求。最後,中美宣佈達成第一階段貿易協定,極大的緩和了投資者對貿易爭端的緊張情緒。鑑於樂觀的市場氣氛,恆生指數及恆生中國企業指數在第四季度分別大漲8.04%和9.48%。中國內地股票市場同樣受益於中美貿易談判取得的顯著進展,投資者情緒大幅改善,上證綜合指數和深證成分指數按季度分別上漲4.99%和10.42%。
ASSET ALLOCATION (BY SECTORS) 資產分佈(行業)
$61.65
$68.37
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INVESTMENT COMMENTARY 投資評論
Stock markets in Asia Pacific (excluding HK) region performed differently in the fourth
quarter of 2019. Market sentiment was improved as President Donald Trump
announced that the U.S. and China agreed in principle for reaching the first phase of a
trade deal. In Japan, as the nation’s top two trade partners, the eased tensions between
the U.S. and China sent stock market continued to climb. Together with the economic
stimulus brought by Japanese Government, market sentiment was greatly boosted, with
the Nikkei 225 Index sharply raised 8.74%. In Korea, the tech-heavy Korean indexes
continued to climb thanks to the gradual recovery of global semiconductor industry,
given the KOSPI 200 index added by 7.39% in the fourth quarter. In the Southeast Asia,
stock performances were largely positive while concerns over slowing economic growth
continued to weigh on the market, with the Singapore Straits Times Index sharply went
up by 3.30%, the FTSE Bursa Malaysia KLCI Index slightly added 0.31%, and the
Thailand SET Index fell 3.50% in the fourth quarter.
亞太地區股票市場(不包括香港)在第四季度表現漲跌不一。美國總統特朗普宣佈中美兩國在原則上達成了貿易談判第一階段的協議,市場情緒得以提振。日本方面,作為該國最大的兩個交易夥伴,中美兩國貿易緊張局勢緩解支撐股票市場進一步攀升。加之日本政府採取的一系列經濟刺激政策,投資者情緒顯著提振,日經225指數按月大漲8.74%。韓國方面,球半導體產業逐漸復蘇亦帶領科技股權重較大的韓國主要股指持續攀升 , KOSPI 200指數在第四季度大幅攀升7.39%。在東南亞市場,大部分市場錄得不同程度的漲幅,但投資者對全球經濟增長放緩的擔心令部分市場承壓。新加坡海峽時報指數在第四季度上漲3.30%, 富時大馬交易所吉隆玻綜合指數小幅上揚0.31%,泰國證交所SET指數則錄得3.50%的下跌。
FUND OBJECTIVES 基金目標 The Haitong Asia Pacific (excluding HK) Fund will mainly invest in
securities of approved stock exchange of Asia Pacific outside Hong Kong.
The fund will invest mainly in listed equities and listed equity derivatives
although it may from time to time invest in money market and/or other fixed
income instruments. The fund will invest primarily in Australia, Taiwan,
Singapore, Korea, Malaysia, Thailand, Indonesia, the Philippines and the
People’s Republic of China, although it may also invest in Japan and
countries in the Indian Sub-continent and other Asian markets which
become open to foreign investors in the future.
海通亞太(香港以外)基金會主要投資於香港以外亞洲太平洋地區核准證券交易所上市的證券。基金會主要投資於上市股票及上市股票衍生工具﹐但基金亦會間中投資於貨幣市場及/或其他定息投資工具。該基金將主要投資於澳洲﹑台灣﹑新加坡﹑韓國﹑馬來西亞﹑泰國﹑印尼﹑菲律賓及中華人民共和國﹐但亦會投資於日本及印度次大陸國家及日後向外資開放的其他亞洲市場。
& The Fund Size includes the subscription and redemption transactions as of the last dealing date of
the month. 此基金資產值包含當月最後一個交易日的申購額及贖回額。
^ The Fund Expense Ratio outlines the fee and charges of the relevant fund in percentage for the
scheme financial year ended on 30/6/2019. 基金開支比率以百分率顯示有關截至2019年6月30日止
財政年度的收費。
# The Risk Indicator is an annualized standard deviation based on the monthly rates of return of the
fund over the past three years. 風險標記是根據基金過往三年按月回報率計算的年度標準差。
^^ Country/Region is defined as where the domicile of the company is registered. 國家和地區按公司
註冊地劃分。
* Fund return is sourced from Lipper on NAV-to-NAV (net asset value) basis as of , in Hong Kong
Dollars with dividends reinvested; 基金回報以理柏於31/12/2019,港元,資產淨值價格為基準,收
益再投資。
With effect from 19 September 2012, offer spread is not levied on the issue of units. 由2012年9月
19日起,基金單位之發行並無收取賣出差價。
Past performance is not indicative of future performance. 往績並不代表將來表現。
Source: Haitong International Investment Managers Limited. 資料來源:海通國際投資經理有限公司。
ASSET ALLOCATION (BY COUNTRY / REGION) 資產分佈(國家/地區)^^
Haitong MPF Retirement Fund
海通MPF退休金 HAITONG ASIA PACIFIC (excluding HK) FUND 海通亞太(香港以外)基金 Issue Price 單位價格 (Class A) (A類別) (Class T) (T類別)
PERFORMANCE CHART 基金表現圖 Since Inception (01/02/2001) 自成立起 (2001年2月1日)
FUND INFORMATION 基金資料
Fund Descriptor 基金類型描述 Equity Fund - Asia Pacific (excluding HK)
股票基金 – 亞太(香港以外)
Fund Size& 基金資產值& 港幣 HK$47.52m (百萬) (Class A & T) (A及T類別)
Inception Date 成立日期 01.02.2001
Latest Fund Expense Ratio^
最近期的基金開支比率^
Class A
A 類別 1.83%
Class T
T 類別 1.78%
Risk Indicator# 風險標記#
Annualized Standard Deviation 年度化標準差
On a 3-year basis
以三年為基準計算
Class A
A 類別 12.60%
Class T
T 類別 12.58%
TOP TEN HOLDINGS 十大持股
Securities 證券 % of Net Asset Value 佔資產淨值之百分比
Kobe Bussan Co Ltd (Japan 日本) 3.39
Fila Korea Ltd (South Korea 韓國) 3.00
Advantest Corporation (Japan 日本) 2.97
B Grimm Power PCL (Thailand 泰國) 2.88
Samsung Electronics Co.,Ltd (South Korea 韓國) 2.85
Hoya Corporation (Japan 日本) 2.83
Gulf Energy Development PCL (Thailand 泰國) 2.73
SK Hynix Inc (South Korea 韓國) 2.67
Bank Tabungan Pensiunan Nasion (Indonesia 印尼) 2.51
Japan Elevator Service Holding (Japan 日本) 2.44
FUND PERFORMANCE 基金表現
CLASS
類別
ANNUALIZED RATE OF RETURN
年度化回報率
CALENDAR YEAR RETURN
每曆年度回報
1 Year
1年 3 Years
3年 5 Years
5年 10 Years
10年
Since Inception
自成立起 2012 2013 2014 2015 2016 2017 2018 2019
Fund Return*
基金回報(%)*
A 1.59% -1.04% -0.88% -0.33% 3.12% 17.98% 1.32% -2.45% -5.73% 4.71% 29.34% -26.25% 1.59%
T 1.64% -0.99% -0.82% -0.21% 3.87% 18.07% 1.53% -2.42% -5.62% 4.76% 29.40% -26.20% 1.64%
$17.87
$20.50
0
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100
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200
250
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350
400
Feb-01 Feb-03 Feb-05 Feb-07 Feb-09 Feb-11 Feb-13 Feb-15 Feb-17 Feb-19
Haitong Asia Pacific (excluding HK) Fund - Class A 海通亞太(香港以外)基金-A類別
Haitong Asia Pacific (excluding HK) Fund - Class T 海通亞太(香港以外)基金-T類別
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INVESTMENT COMMENTARY 投資評論
The performance of global major stock indexes was strong in the fourth quarter 2019. Positive news on US-China trade negotiations flew around when US President Donald
Trump announced that the US and China had agreed in principle for reaching the first phase of a trade deal on Oct. 11. Market sentiment was raised as investors received
continued signs that progress was being made toward a trade deal between the world’s two largest economies. In monetary policies, Federal Reserve officials reduced interest
rates by a quarter-percentage point to 1.5% - 1.75% range in its October meeting, which was the third time this year and also contributed to market’s optimism. Despite increased
market concern over slowing economic growth, the improved global trade environment was supportive to the U.S. stock market, with the S&P 500 added 8.53%, the Dow climbed
6.02% and the Nasdaq rallied by 12.17% in the fourth quarter.
全球股票市場在2019年第四季表現不俗。美中貿易談判傳來了喜訊,美國總統特朗普在10月11日宣佈美國和中國於原則上同意達成貿易談判第一階段的協議。投資者樂於看到貿易談判持續取得進展,亦提振了對股票市場的投資熱情。貨幣政策方面,美聯儲官員在十月議息會議上決定降低聯邦基金基準利率25個基點,至1.5%-1.75%範圍,同時也是本年度第三次下調,也幫助提升了市場的樂觀情緒。整體來看,雖然市場對全球經濟增長放緩的擔憂仍舊存在,中美貿易爭端改善仍支撐股市不斷上揚,標準普爾500指數在第四季度上漲8.53%,道指上漲6.02%,納斯達克大幅攀升12.17%。
FUND OBJECTIVES 基金目標 The Haitong Global Diversification Fund will be invested in an Approved
Pooled Investment Fund managed by the Investment Manager. The
investments of the Approved Pooled Investment Fund will mainly invest
globally in blue-chip equity and equity-related securities listed on approved
stock exchanges, although it may from time to time invest in money market
and/or other fixed income instruments.
海通環球分散基金會投資於一個由投資經理所管理的核准匯集投資基金。該核准匯集投資基金將主要投資於環球藍籌股票及在核准證券交易所上市的與股票相關之證券,但基金亦會間中投資於貨幣市場及/或其他定息投資工具。
& The Fund Size includes the subscription and redemption transactions as of the last dealing date of
the month. 此基金資產值包含當月最後一個交易日的申購額及贖回額。
^ The Fund Expense Ratio outlines the fee and charges of the relevant fund in percentage for the
scheme financial year ended on 30/6/2019. 基金開支比率以百分率顯示有關截至2019年6月30日止
財政年度的收費。
# The Risk Indicator is an annualized standard deviation based on the monthly rates of return of the
fund over the past three years. 風險標記是根據基金過往三年按月回報率計算的年度標準差。
^^ Country/Region is defined as where the domicile of the company is registered. 國家和地區按公司註
冊地劃分。
* Fund return is sourced from Lipper on NAV-to-NAV (net asset value) basis as of , in Hong Kong
Dollars with dividends reinvested. 基金回報以理柏於31/12/2019,港元,資產淨值價格為基準,收益
再投資。
With effect from 19 September 2012, offer spread is not levied on the issue of units. 由2012年9月
19日起,基金單位之發行並無收取賣出差價。
Past performance is not indicative of future performance. 往績並不代表將來表現。
Source: Haitong International Investment Managers Limited. 資料來源:海通國際投資經理有限公司。
Haitong MPF Retirement Fund
海通MPF退休金 HAITONG GLOBAL DIVERSIFICATION FUND 海通環球分散基金 Issue Price 單位價格 (Class A) (A類別) $12.60 (Class T) (T類別) $14.24
** Based on the direct investments of the Fund’s underlying Approved
Pooled Investment Fund. 根據本基金旗下核准匯集投資基金的直接投資。
PERFORMANCE CHART 基金表現圖 Since Inception (01/02/2001) 自成立起 (2001年2月1日)
$18.50
$20.99
FUND INFORMATION 基金資料
Fund Descriptor 基金類型描述 Equity Fund - Global
股票基金 – 環球
Fund Size& 基金資產值& 港幣 HK$95.70m (百萬) (Class A & T) (A及T類別)
Inception Date 成立日期 01.02.2001
Latest Fund Expense Ratio^
最近期的基金開支比率^
Class A
A 類別 1.43%
Class T
T 類別 1.33%
Risk Indicator# 風險標記#
Annualized Standard Deviation 年度化標準差
On a 3-year basis
以三年為基準計算
Class A
A 類別 12.86%
Class T
T 類別 12.90%
FUND PERFORMANCE 基金表現
CLASS
類別
ANNUALIZED RATE OF RETURN
年度化回報率
CALENDAR YEAR RETURN
每曆年度回報
1 Year
1年 3 Years
3年 5 Years
5年 10 Years
10年
Since Inception
自成立起 2012 2013 2014 2015 2016 2017 2018 2019
Fund Return*
基金回報(%)*
A 20.13% 13.18% 6.16% 5.71% 3.31% 11.48% 17.37% 7.44% -8.16% 1.27% 40.28% -13.97% 20.13%
T 20.29% 13.30% 6.25% 5.85% 4.00% 11.66% 17.54% 7.56% -8.13% 1.33% 40.47% -13.91% 20.29%
TOP TEN HOLDINGS 十大持股
Securities 證券 % of Net Asset Value 佔資產淨值之百分比
Kobe Bussan Co Ltd (Japan 日本) 3.02
Microsoft Corporation (USA 美國) 2.88
MSCI Inc (USA 美國) 2.83
Paycom Software Inc (USA 美國) 2.71
Mastercard Inc (USA 美國) 2.62
Procter & Gamble Co/The (USA 美國) 2.55
Advantest Corporation (Japan 日本) 2.48
Atmos Energy Corporation (USA 美國) 2.37
Hershey Co/The (USA 美國) 2.36
Motorola Solutions Inc (USA 美國) 2.35
ASSET ALLOCATION (BY COUNTRY / REGION) 資產分佈(國家/地區)^^
-
INVESTMENT COMMENTARY 投資評論
South Korean stock market oscillated upwards in the fourth quarter of 2019. As an
export-driven economy, financial market welcomed the announcement of a potential
trade agreement between the U.S. and China. On top of improved market sentiment,
the gradual recovery of global semiconductor industry helped the tech-heavy Korean
indexes continued to climb. In monetary policy, the Policy Board of the Bank of Korea
decided to lower the Base Rate by 25 basis points in October, from 1.50% to 1.25%,
cutting the rates for the second time in 2019. The Bank of Korea also announced the
“Monetary Policy for 2020” at the end of December, saying that the Bank will maintain
its accommodative monetary policy stance to support the economic recovery and set
its 2020 growth outlook at lower-2% range. Given the improved market sentiment, the
KOSPI 200 index went up by 7.39% over the three months.
韓國股市在今年四季度震盪上行。作為出口型經濟體,中美宣佈達成階段性貿易協定令韓國投資者歡欣鼓舞,市場情緒顯著提振。此外,全球半導體產業逐漸復蘇亦帶領科技股權重較大的韓國主要股指持續攀升。貨幣政策方面,韓國央行在十月份決定降息25個基點,將基準利率由1.50調製1.25%,今年第二次下調基準利率。此外,韓國央行於十二月發佈《2020年貨幣信用政策運營方向》稱,將繼續維持寬鬆的貨幣政策以支持韓國經濟復蘇,同時預計2020年韓國經濟增速將維持在稍高於2.0%的水平。整體而言,韓國投資者情緒顯著提振,KOSPI 200指數在第四季度大幅攀升7.39%。
FUND OBJECTIVES 基金目標 The Haitong Korea Fund seeks to provide investors with growth potential through
exposure to Korean equities. The Haitong Korea Fund will invest directly in securities
which are listed on approved stock exchange in Korea and/or issued by companies
with significant business exposure to the Korean economy, although it may from time
to time invest in money market and/or other fixed income instruments.
海通韓國基金透過投資於韓國股票試圖提供投資者資本增值潛力。海通韓國基金將會直接投資於在韓國的核准證券交易所上市之證券及/或與韓國經濟有著重要的商業聯繫的股票,但基金亦會間中投資於貨幣市場及/或其他定息投資工具。
& The Fund Size includes the subscription and redemption transactions as of the last dealing date of the month. 此基金資產值包含當月最後一個交易日的申購額及贖回額。
^ The Fund Expense Ratio outlines the fee and charges of the relevant fund in percentage
for the scheme financial year ended on 30/6/2019. 基金開支比率以百分率顯示有關截至2019年6月30日止財政年度的收費。
# The Risk Indicator is an annualized standard deviation based on the monthly rates of
return of the fund over the past three years. 風險標記是根據基金過往三年按月回報率計算的年度標準差。
* Fund return is sourced from Lipper on an NAV-to-NAV (net asset value) basis as of , in
Hong Kong Dollars with dividends reinvested; Index return refers to KOSPI 200 Index
and it is sourced from Lipper, in US Dollars. This is a capital return index that does not
include reinvestment of dividends / income. 基金回報以理柏於31/12/2019,港元,資產淨值價格為基準,收益再投資;指數回報參考理柏,KOSPI 200指數,以美元結算。此為資本回報指數,並不包括再投資的派息/收益。
With effect from 19 September 2012, offer spread is not levied on the issue of units.
由2012年9月19日起,基金單位之發行並無收取賣出差價。 Past performance is not indicative of future performance. 往績並不代表將來表現。 Source: Haitong International Investment Managers Limited. 資料來源:海通國際投資經
理有限公司。
ASSET ALLOCATION (BY SECTORS) 資產分佈(行業)
Haitong MPF Retirement Fund
海通MPF退休金
HAITONG KOREA FUND 海通韓國基金 Issue Price 單位價格 (Class A) (A類別) (Class T) (T類別)
PERFORMANCE CHART 基金表現圖 Since Inception (01/02/2001) 自成立起 (2001年2月1日)
$24.13
$26.55
FUND INFORMATION 基金資料
Fund Descriptor 基金類型描述 Equity Fund - Korea
股票基金 – 韓國
Fund Size& 基金資產值& 港幣 HK$26.38m (百萬) (Class A & T) (A及T類別)
Inception Date 成立日期 01.02.2001
Latest Fund Expense Ratio^
最近期的基金開支比率^
Class A
A 類別 1.55%
Class T
T 類別 1.54%
Risk Indicator# 風險標記#
Annualized Standard Deviation 年度化標準差
On a 3-year basis
以三年為基準計算
Class A
A 類別 14.66%
Class T
T 類別 14.66%
FUND PERFORMANCE 基金表現
CLASS
類別
ANNUALIZED RATE OF RETURN
年度化回報率
CALENDAR YEAR RETURN
每曆年度回報
1 Year
1年 3 Years
3年 5 Years
5年 10 Years
10年
Since Inception
自成立起 2012 2013 2014 2015 2016 2017 2018 2019
Fund Return*
基金回報(%)*
A -6.83% -4.91% -1.77% -1.37% 4.77% 10.79% -0.72% -4.49% 21.56% -12.53% 22.67% -24.75% -6.83%
T -6.81% -4.90% -1.78% -1.29% 5.30% 10.96% -0.59% -4.47% 21.52% -12.52% 22.68% -24.77% -6.81%
Index Return*
指數回報(%)* 8.19% 5.67% 2.73% 2.92% 7.79% 19.28% 1.57% -11.32% -7.67% 5.01% 40.91% -22.60% 8.19%
TOP TEN HOLDINGS 十大持股
Securities 證券 % of Net Asset Value 佔資產淨值之百分比
Samsung Electronics Co.,Ltd 7.05
SK Hynix Inc 5.23
Ncsoft Corporation 4.51
AfreecaTV Co Ltd 4.35
KIA Motors Corporation 4.25
Hana Financial Group 4.20
Shinhan Financial Group Ltd 4.16
KB Financial Group Inc 4.09
F&F Co Ltd 3.96
Korea Zinc Co Ltd 3.76
-
FUND OBJECTIVES 基金目標 The investment objective of the Haitong Age 65 Plus Fund is to provide stable growth for
retirement savings to Members by investing in a globally diversified manner. 海通 65 歲後基金的投資目標是透過以環球分散方式投資為成員提供退休儲蓄的穩定增值。
Haitong MPF Retirement Fund
海通MPF退休金
HAITONG AGE 65 PLUS FUND 海通65歲後基金 Issue Price 單位價格 (Class A) (A類別) $10.98 (Class T) (T類別) $10.98
PERFORMANCE CHART 基金表現圖 Since Inception (01/04/2017) 自成立起 (2017年4月1日)
INVESTMENT COMMENTARY 投資評論 The performance of global major stock indexes was strong in the fourth quarter 2019. Despite
increased market concern over slowing economic growth, the improved global trade environment
was supportive to the U.S. stock market, with the S&P 500 added 8.53%, the Dow climbed 6.02%
and the Nasdaq rallied by 12.17% in the fourth quarter.
Global bond markets diverged in the fourth quarter of 2019. The core government yields rallied in
three consecutive months of the quarter while the periphery countries yield decreased under the risk-
on market sentiment. The 10-year U.S. Treasury yield went up by 25.3 bps to 1.918 in the quarter,
while the 10-year German Government Bond yield surged 38.6bps to -0.185 during the period.
On the policy front, the Federal Reserve decreased interest rate by 25 basis points to 1.5% - 1.75%
range in its October meeting, which was the third cut this year. In Europe, the European Central Bank
remained rates unchanged and started a new round of asset purchase programme since November
with 20 billion euro each month.
全球股票市場在2019年第四季表現不俗。雖然市場對全球經濟增長放緩的擔憂仍舊存在,中美貿易爭端改善仍支撐股市不斷上揚,標準普爾500指數在第四季度上漲8.53%,道指上漲6.02%,納斯達克大幅攀升12.17%。 環球債市在第四季度走勢各異。受市場避險情緒回落帶動,核心國家國債收益率連續三個月走高而非核心國債收益率偏向下行。整個季度美國10年國債收益率上行25.3個基點至1.918。同期德國國債收益率走高38.6個基點至-0.185。 貨幣政策方面,美聯儲官員在十月議息會議上決定降低聯邦基金基準利率25個基點,至1.5%-1.75%範圍,同時也是本年度第三次下調。歐洲方面,歐洲央行維持利率不變,自11月起重新啟動資產購買計劃,每月規模200億歐元。
FUND INFORMATION 基金資料
Fund Descriptor 基金類型描述
Mixed Assets Fund –Global (Maximum Equity
~ 25%)
組合資產基金 – 環球 (最高股票比重 ~ 25%)
Fund Size& 基金資產值& 港幣 HK$ 5.16m (百萬) (Class A & T) (A及T類別)
Inception Date 成立日期 01.04.2017
Latest Fund Expense Ratio
最近期的基金開支比率
Class A
A 類別 1.00%^
Class T
T 類別 1.01%^
Risk Indicator# 風險標記#
Annualized Standard Deviation 年度化標準差
On a 3-year basis
以三年為基準計算 Class A
A 類別
不適用##
N/A## Class T
T 類別
不適用##
N/A##
ASSET ALLOCATION (BY COUNTRY/ REGION) 資產分佈 (國家/地區)^^
MATERIAL DIFFERENCE DESCRIPTION△ 差異簡述△
(For constituent fund of the DIS only)
&The Fund Size includes the subscription and redemption transactions as of the last dealing date of
the month. 此基金資產值包含當月最後一個交易日的申購額及贖回額。 ^The Fund Expense Ratio outlines the fee and charges of the relevant fund in percentage for the
scheme financial year ended on 30/6/2019. 基金開支比率以百分率顯示有關截至2019年6月30日止財政年度的收費。
#The Risk Indicator is an annualized standard deviation based on the monthly rates of return of the
fund over the past three years. 風險標記是根據基金過往三年按月回報率計算的年度標準差。 ##The Annualized Standard Deviation of Class A and Class T of Haitong Age 65 Plus Fund will be
available after the constituent fund has an investment track record of not less than three years. 海通65歲後基金A類別和T類別的年度化標準差將會在成分基金有不少於三年的投資往績記錄後才會提供。
*Fund return is on an NAV-to-NAV (net asset value) basis as of , in Hong Kong Dollars with dividends
reinvested. 基金回報以31/12/2019,港元,資產淨值價格為基準,收益再投資。 **From 1-Apr-2019 onwards, the Reference Portfolio for each of the constituent funds under the
Default Investment Strategy (“Reference Portfolio”) is calculated by FTSE Russell using the data
contained in the FTSE MPF All-World Index (the “FTSE Index”) and the FTSE MPF World
Government Bond Index (the “FTSE FI Index”) (formerly known as Citi MPF World Government Bond
Index (the “Citi Index”) for the period from 1-Apr-2017 to 31-Mar-2019).
Reference Portfolio of the Age 65 Plus Fund: 20% FTSE MPF All-World Index (HKD unhedged total
return) + 77% FTSE MPF World Government Bond Index (HKD hedged total return) + 3% cash or
money market instruments providing a return at MPF Prescribed Savings Rate (HKD unhedged total
return), inclusive of re-investment of dividends/coupons/other incomes. The reference portfolio is
reported net-of fees on a calendar day basis, assuming a payment of services (e.g. management
fees) of 0.75% p.a. of NAV and out-of-pocket expenses of 0.20% p.a. of NAV.
由2019年4月1日起,在預設投資策略下各成分基金之參考投資組合為FTSE Russell使用富時強積金環球指數(“FTSE Index”)及富時強積金世界國債指數(“FTSE FI Index”) (由2017年4月1日至2019年3月31日期間,前稱花旗强積金世界國債指數(“花旗指數”))計算。
65歲後基金的參考投資組合:20%富時強積金環球數(港元非對沖總回報)+ 77%富時強積金世界國債指數(港元對沖總回報)+ 3%提供強積金訂明儲蓄利率回報的現金或貨幣市場工具(港元非對沖總回報),包括股息/利息/其他收入的重新投資。參考投資組合的計算是扣除費用後以曆日來計算,其中假設淨資產值0.75%年度的服務費(例如管理費)和淨資產值0.20%年度的經常性實付開支。
▲The 3-year, 5-year & 10-year performance of the constituent fund will be available 3 years, 5 years and 10 years respectively after the inception date.有關成分基金之三年、五年及十年的表現將於成分基金推出三年、五年及十年後提供。
^^Country/Region is defined as where the domicile of the company is registered. 國家和地區按公司註冊地劃分。
△ Material difference means a difference in annualized performance of a constituent fund of the DIS that exceeds (i) 2.5 percentage points either side of the annualized performance of the recognized
reference portfolio where the reporting date of the fund fact sheet falls on or before 30 June 2019; and
(ii) 2.0 percentage points either side of the annualized performance of the recognized reference
portfolio where the reporting date of the fund fact sheet falls after 30 June 2019. &差異是指:(i)如基金便覽的匯報日為 2019年6月30日或之前,重大差異指某預設投資策略成分基金的年率化表現,高於或低於獲認可參考投資組合的年率化表現,而兩者的差距超逾2.5個百分點;及(ii)如基金便覽的匯報日為2019年6月30日之後,重大差異指某預設投資策略成分基金的年率化表現,高於或低於獲認可參考投資組合的年率化表現,而兩者的差距超逾2.0個百分點。
Past performance is not indicative of future performance. 往績並不代表將來表現。 Source: Haitong International Investment Managers Limited. 資料來源:海通國際投資經理有限公司。 ***Performance is calculated from the inception date of each class of funds. 表現由各基金類別成立日 開始計算。 ^^^Performance is calculated from the inception date of reference portfolio. 表現由參考投資組合成立
日開始計算。
TOP TEN HOLDINGS 十大持股
Securities 證券 % of Net Asset Value 佔資產淨值之百分比
Bundesrepub. Deutschland (Reg S) (BR) 0.5% 15/02/2028 6.37
Bundesobligation Ser 177 (Reg S) (BR) 0% 14/04/2023 6.09
Bundesschatzanweisungen (Reg S) (BR) 0% 13/03/2020 5.98
Bundesrepub. Deutschland (Reg S) (BR) 0% 15/08/2050 5.39
US Treasury Note/Bond 2 1/4 03/31/21 5.37
US Treasury Note/Bond 1 5/8 08/15/29 5.19
US Treasury Note/Bond 3 02/15/48 4.49
US Treasury Note/Bond 1 3/4 06/30/24 3.34
Bundesrepub. Deutschland (Reg S) (BR) 0.25% 15/08/28 3.12
Huarong Finance 2017 Co. Ltd. 4 3/4 04/27/27 2.85
FUND PERFORMANCE基金表現
CLASS
類別
ANNUALIZED RATE OF RETURN
年度化回報率
CALENDAR YEAR RETURN
每曆年度回報 1 Year
1年 3 Years
3年 5 Years
5年 10 Years
10年 Since Inception
自成立起 2017 2018 2019
Fund Return*
基金回報(%)* A
T 7.75%
7.75%
不適用▲ N/A▲
不適用▲ N/A▲
不適用▲ N/A▲
3.46%
3.46%
4.40%***
4.40%***
-2.39%
-2.39%
7.75%
7.75% Reference portfolio **
參考投資組合回報(%)** 9.63% - - - 4.18% 3.69%^^^ -1.55% 9.63%
NIL
-
FUND OBJECTIVES 基金目標 The investment objective of the Haitong Core Accumulation Fund is to provide capital
growth to Members by investing in a globally diversified manner.
海通核心累積基金的投資於目標是透過以環球分散方式投資為成員提供資本增值。
Haitong MPF Retirement Fund
海通MPF退休金
HAITONG CORE ACCUMULATION FUND 海通核心累積基金 Issue Price 單位價格 (Class A) (A類別) $12.02 (Class T) (T類別) $12.11
FUND INFORMATION 基金資料
Fund Descriptor 基金類型描述
Mixed Assets Fund –Global (Maximum Equity
~ 65%)
組合資產基金 – 環球 (最高股票比重 ~ 65%)
Fund Size& 基金資產值& 港幣 HK$15.59m (百萬) (Class A & T) (A及T類別)
Inception Date 成立日期 01.04.2017
Latest Fund Expense Ratio
最近期的基金開支比率
Class A
A 類別 0.94%^
Class T
T 類別 0.94%^
Risk Indicator# 風險標記#
Annualized Standard Deviation 年度化標準差
On a 3-year basis
以三年為基準計算
Class A
A 類別
不適用##
N/A## Class T
T 類別
不適用##
N/A##
ASSET ALLOCATION (BY COUNTRY/ REGION) 資產分佈 (國家/地區)^^
PERFORMANCE CHART 基金表現圖 Since Inception (01/04/2017) 自成立起 (2017年4月1日)
TOP TEN HOLDINGS 十大持股
Securities 證券 % of Net Asset Value 佔資產淨值之百分比
Bundesrepub. Deutschland (Reg S) (BR) 0.5% 15/02/2028 2.93
Bundesobligation Ser 177 (Reg S) (BR) 0% 14/04/2023 2.80
Bundesschatzanweisungen (Reg S) (BR) 0% 13/03/2020 2.75
Bundesrepub. Deutschland (Reg S) (BR) 0% 15/08/2050 2.48
US Treasury Note/Bond 2 1/4 03/31/21 2.47
US Treasury Note/Bond 1 5/8 08/15/29 2.39
US Treasury Note/Bond 3 02/15/48 2.07
Kobe Bussan Co Ltd 1.90
Microsoft Corporation 1.81
MSCI Inc 1.78
&The Fund Size includes the subscription and redemption transactions as of the last dealing date of
the month. 此基金資產值包含當月最後一個交易日的申購額及贖回額。
^The Fund Expense Ratio outlines the fee and charges of the relevant fund in percentage for the
scheme financial year ended on 30/6/2019. 基金開支比率以百分率顯示有關截至2019年6月30日止財
政年度的收費。
#The Risk Indicator is an annualized standard deviation based on the monthly rates of return of the
fund over the past three years.風險標記是根據基金過往三年按月回報率計算的年度標準差。
##The Annualized Standard Deviation of Class A and Class T of Haitong Core Accumulation Fund
will be available after it has an investment track record of not less than three years. 海通核心累積基
金A類別和T類別的年度化標準差會在成分基金有不少於三年的投資往績記錄後才會提供。
*Fund return is on an NAV-to-NAV (net asset value) basis as of , in Hong Kong Dollars with
dividends reinvested. 基金回報以31/12/2019,港元,資產淨值價格為基準,收益再投資。
**From 1-Apr-2019 onwards, the Reference Portfolio for each of the constituent funds under the
Default Investment Strategy (“Reference Portfolio”) is calculated by FTSE Russell using the data
contained in the FTSE MPF All-World Index (the “FTSE Index”) and the FTSE MPF World
Government Bond Index (the “FTSE FI Index”) (formerly known as Citi MPF World Government
Bond Index (the “Citi Index”) for the period from 1-Apr-2017 to 31-Mar-2019).
Reference Portfolio for Core Accumulation Fund: 60% FTSE MPF All-World Index (HKD unhedged
total return) + 37% FTSE MPF World Government Bond Index (HKD hedged total return) + 3% cash
or money market instruments providing a return at MPF Prescribed Savings Rate (HKD unhedged
total return), inclusive of re-investment of dividends/coupons/other incomes. The reference portfolio
is reported net-of fees on a calendar day basis, assuming a payment of services (e.g. management
fees) of 0.75% p.a. of NAV and out-of-pocket expenses of 0.20% p.a. of NAV.
由2019年4月1日起,在預設投資策略下各成分基金之參考投資組合為FTSE Russell使用富時強積金
環球指數(“FTSE Index”)及富時強積金世界國債指數(“FTSE FI Index”) (由2017年4月1日至2019年3月
31日期間,前稱花旗强積金世界國債指數(“花旗指數”))計算。
核心累積基金的參考投資組合:60%富時強積金環球指數(港元非對沖總回報)+37%富時強積金世
界國債指數(港元對沖總回報)+3%提供強積金訂明儲蓄利率回報的現金或貨幣市場工具(港元非對
沖總回報),包括股息/利息/其他收入的重新投資。參考投資組合的計算是扣除費用後以曆日來計
算,其中假設淨資產值0.75%年度的服務費(例如管理費)和淨資產值0.20%年度的經常性實付開支。
▲The 3-year, 5-year & 10-year performance of the constituent fund will be available 3 years, 5 years
and 10 years respectively after the inception date.有關成分基金之三年、五年及十年的表現將於成分
基金推出三年、五年及十年後提供。
^^Country/Region is defined as where the domicile of the company is registered. 國家和地區按公司
註冊地劃分。
△Material difference means a difference in annualized performance of a constituent fund of the DIS
that exceeds (i) 2.5 percentage points either side of the annualized performance of the recognized
reference portfolio where the reporting date of the fund fact sheet falls on or before 30 June 2019;
and (ii) 2.0 percentage points either side of the annualized performance of the recognized reference
portfolio where the reporting date of the fund fact sheet falls after 30 June 2019. 差異是指:(i)如基金
便覽的匯報日為 2019年6月30日或之前,重大差異指某預設投資策略成分基金的年率化表現,高於或
低於獲認可參考投資組合的年率化表現,而兩者的差距超逾2.5個百分點;及(ii)如基金便覽的匯報日
為2019年6月30日之後,重大差異指某預設投資策略成分基金的年率化表現,高於或低於獲認可參考
投資組合的年率化表現,而兩者的差距超逾2.0個百分點。
Past performance is not indicative of future performance. 往績並不代表將來表現。
Source: Haitong International Investment Managers Limited. 資料來源:海通國際投資經理有限公司。
***Performance is calculated from the inception date of each class of funds.表現由各基金類別成立日
開始計算。
^^^Performance is calculated from the inception date of reference portfolio. 表現由參考投資組合成立
日開始計算。
FUND PERFORMANCE基金表現
CLASS
類別
ANNUALIZED RATE OF RETURN
年度化回報率
CALENDAR YEAR RETURN
每曆年度回報 1 Year
1年 3 Years
3年 5 Years
5年 10 Years
10年 Since Inception
自成立起 2017 2018 2019
Fund Return*
基金回報(%)* A
T 14.59%
14.57%
不適用▲ N/A▲
不適用▲ N/A▲
不適用▲ N/A▲
6.93%
7.22%
14.60%***
15.40%***
-8.46%
-8.41%
14.59%
14.57% Reference portfolio **
參考投資組合回報(%)** 17.03% - - - 7.18% 9.74%^^^ -5.79% 17.03%
INVESTMENT COMMENTARY 投資評論 The performance of global major stock indexes was strong in the fourth quarter 2019. Despite
increased market concern over slowing economic growth, the improved global trade environment
was supportive to the U.S. stock market, with the S&P 500 added 8.53%, the Dow climbed 6.02%
and the Nasdaq rallied by 12.17% in the fourth quarter.
Global bond markets diverged in the fourth quarter of 2019. The core government yields rallied in
three consecutive months of the quarter while the periphery countries yield decreased under the risk-
on market sentiment. The 10-year U.S. Treasury yield went up by 25.3 bps to 1.918 in the quarter,
while the 10-year German Government Bond yield surged 38.6bps to -0.185 during the period.
On the policy front, the Federal Reserve decreased interest rate by 25 basis points to 1.5% - 1.75%
range in its October meeting, which was the third cut this year. In Europe, the European Central Bank
remained rates unchanged and started a new round of asset purchase programme since November
with 20 billion euro each month.
全球股票市場在2019年第四季表現不俗。雖然市場對全球經濟增長放緩的擔憂仍舊存在,中美貿易爭端改善仍支撐股市不斷上揚,標準普爾500指數在第四季度上漲8.53%,道指上漲6.02%,納斯達克大幅攀升12.17%。 環球債市在第四季度走勢各異。受市場避險情緒回落帶動,核心國家國債收益率連續三個月走高而非核心國債收益率偏向下行。整個季度美國10年國債收益率上行25.3個基點至1.918。同期德國國債收益率走高38.6個基點至-0.185。 貨幣政策方面,美聯儲官員在十月議息會議上決定降低聯邦基金基準利率25個基點,至1.5%-1.75%範圍,同時也是本年度第三次下調。歐洲方面,歐洲央行維持利率不變,自11月起重新啟動資產購買計劃,每月規模200億歐元。
MATERIAL DIFFERENCE DESCRIPTION△ 差異簡述△
(For constituent fund of the DIS only) Haitong Core Accumulation Fund underperformed the reference portfolio by 2.46 percentage points as 31 December 2019 for one year return. The underperformance was led by the greater underperformance of the higher risk assets but slight outperformance of the low risk assets in the
fund.
The component of higher risk assets of the Funds are fully invested in Haitong APIF - Global Diversification Fund (“the Fund”) which underperformed FTSE MPF All-World Index (“the Index”) which constitute the high risk assets in reference portfolio. The Fund was overweighed on the
Japan equity markets and underweighted on U.S. market and other markets compared with the Index. U.S. markets outperformed Japanese equity markets during the period.
截至2019年12月31日,按1年回報計算,海通核心累進基金回報低於基準組合2.46個百分點。低於基準的因素包括海通核心累進基金內的高風險資產回報低於基準,但同時低風險資產小幅跑贏基準。 海通核心累進基金的高風險資產全部投資於一個核准成分基金-海通環球分散基金(“基金”)。該基金期內回報低於基準組合中的高風險資產富時強積金環球指數(“指數”)。該基金相比於指數更多投資於日本的股票市場,而較少投資於美國市場以及指數中的其他市場。這段期間美國市場表現較好而日本市場表現一般。
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INVESTMENT COMMENTARY 投資評論
Hong Kong Gross Domestic Product (GDP) growth in the third quarter 2019 recorded
at -2.9% year-on-year (YoY), worse than previous quarter and market consensus of -
0.3%. Monthly YoY growth of Hong Kong retail sales continued to record negative
growth and resulted -18.3%, -24.3% and -23.6% from September to November 2019.
For the house market, although Centa-City Leading Index (CCL) YoY growth
recorded 2.09% for the whole year 2019, it still kept correction and recorded -2.26%
Quarter-on-Quarter in the fourth quarter 2019. Through allocating deposits to different
banks with varied tenors, we maintained the fund’s overall yield while managing
liquidity at the same time.
香港2019年第3季度國內生產總值同比增長-2.9%,弱於前值及市場預期的-0.3%。另一方面,2019年9-11月份的香港零售銷售額延續了負增長,分別錄得-18.3%、-24.3%和-23.6%。房地產市場方面,雖然2019年全年同比漲2.09%,但香港房價於4季度仍維持回檔態勢,環比下跌2.26%。我們藉由不同銀行與天期配置,在兼顧流動性與收益率的情況下,穩定基金收益率。
FUND OBJECTIVES 基金目標 The Haitong MPF Conservative Fund seeks to provide investors with a
high degree of security by investing in investments permitted for capital
preservation funds under the MPF Ordinance (primarily, HK dollar
deposits and debt securities).
海通強積金保守基金透過投資於《強制性公積金計劃條例》以下保本基金的准許投資(主要包括港元存款及債券)以提供投資者高度保障。
& The Fund Size includes the subscription and redemption transactions as of the last dealing date of the month. 此基金資產值包含當月最後一個交易日的申購額及贖回額。
^ The Fund Expense Ratio outlines the fee and charges of the relevant fund in percentage for the scheme financial year ended on 30/6/2019. 基金開支比率以百分率顯示有關截至2019年6月30日止財政年度的收費。
# The Risk Indicator is an annualized standard deviation based on the monthly rates of return of the fund over the past three years. 風險標記是根據基金過往三年按月回報率計算的年度標準差。
* Fund return is sourced from Lipper on NAV-to-NAV (net asset value) basis as of , in Hong Kong Dollars with dividends reinvested. 基金回報以理柏於31/12/2019,港元,資產淨值價格為基準, 收益再投資。
Fees, and charges of a MPF Conservative Fund can be deducted from either (i) the
asset of the fund or (ii) Members’ accounts by way of unit deduction. The Haitong MPF Conservative Fund uses method (i) and, therefore, any unit prices/net asset value/fund performance quoted for the fund have incorporated the impact of fees and charges.
強積金保守基金的收費可(i)透過扣除資產收取;或(ii)透過扣除成員帳戶中的單位收取。而海通強積金保守基金採用收費方式(i),故該基金任何列出之單位價格 / 資產凈值 /基金表現已反映收費之影響。
Past performance is not indicative of future performance. 往績並不代表將來表現。 Source: Haitong International Investment Managers Limited. 資料來源:海通國際投資經理有限公司。
ASSET ALLOCATION 資產分佈
## Starting from the December 2009 issue, “Top Ten Deposits” shall be determined based on
individual deposit placed with authorized financial institutions instead of in an aggregated
amount of fixed deposits placed with a single financial institution. 由2009年12月號起,“十大存
款” 將從以存放於每一財務機構內的總款額計算,改為基於存放於認可財務機構內的每一筆存款
單獨計算。
△ Fixed deposit rates 定期存款息率
※ Maturity date of the fixed deposits 定期存款到期日
HAITONG MPF CONSERVATIVE FUND 海通強積金保守基金 Issue Price 單位價格 (Class A) (A類別) (Class T) (T類別)
PERFORMANCE CHART 基金表現圖 Since Inception (01/02/2001) 自成立起 (2001年2月1日)
Haitong MPF Retirement Fund
海通MPF退休金
$11.22
$11.41
FUND INFORMATION 基金資料
Fund Descriptor 基金類型描述 Money Market Fund – Hong Kong
貨幣市場基金 – 香港
Fund Size& 基金資產值& 港幣 HK$115.43m (百萬) (Class A & T) (A及T類別)
Inception Date 成立日期 01.02.2001
Latest Fund Expense Ratio^
最近期的基金開支比率^
Class A
A 類別 0.94%
Class T
T 類別 0.88%
Risk Indicator# 風險標記#
Annualized Standard Deviation 年度化標準差
On a 3-year basis
以三年為基準計算
Class A
A 類別 0.18%
Class T
T 類別 0.19%
FUND PERFORMANCE 基金表現
CLASS
類別
ANNUALIZED RATE OF RETURN
年度化回報率
CALENDAR YEAR RETURN
每曆年度回報
1 Year
1年 3 Years
3年 5 Years
5年 10 Years
10年
Since Inception
自成立起 2012 2013 2014 2015 2016 2017 2018 2019
Fund Return*
基金回報(%)* A 1.26% 0.66% 0.53% 0.27% 0.61% -0.09% 0.00% 0.18% 0.27% 0.36% 0.00% 0.73% 1.26% T 1.24% 0.68% 0.55% 0.34% 0.70% 0.09% 0.00% 0.45% 0.36% 0.36% 0.09% 0.71% 1.24%
TOP TEN HOLDINGS 十大持股
Securities 證券
% of Net
Asset Value 佔資產淨值之百分比
China Everbright Ltd 中國光大銀行 2.3500%△ 09-01-2020※ 1.40
Bank of East Asia 東亞銀行 2.4000%△ 24-04-2020※ 1.36
Shanghai Pudong Development Bank 上海浦東發展銀行 2.2100%△ 28-02-2020※
1.35
Bank of East Asia 東亞銀行 2.3000%△ 24-01-2020※ 1.34
Industrial Bank Co Ltd 2.7500%△ 20-03-2020※ 1.32
Industrial Bank Co Ltd 2.2000%△ 08-01-2020※ 1.32
Public Finance 大眾財務有限公司 2.5000%△ 05-02-2020※ 1.16
Wing Lung Bank 永隆銀行 2.3000%△ 10-03-2020※ 1.10
Shanghai Pudong Development Bank 上海浦東發展銀行 2.6000%△ 23-06-2020※
1.09
Agricultural Bank Of China Ltd 農業銀行 2.3800%△ 24-02-2020※
1.07
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Haitong MPF Retirement Fund
海通MPF退休金 Fund Objective
The next issue of Fund Fact Sheet for the period ended 31/03/2020 will be available for access within two
months after the period end date in our company website at www.htisec.com/asm. 下一期截至31/03/2020的基金報告將於期末後兩個月內上載至本公司網站 www.htisec.com/asm。
Should you require a copy of this Fund Fact Sheet, you may call our MPF 24 Hours Auto Info-line : 2500
1600 (Please have your User ID, Pin ready and choose “Call-in-Fax”). 如你需要本基金報告的一份複本,請隨時致電我們的 MPF 24 小時自助資訊通 :2500 1600﹝請準備好你的用戶號碼和密碼及選擇“索取傳真”﹞。
Should you require more information about the Retirement Fund, please feel free to call our MPF 24
Hours Auto Info-line : 2500 1600 during office hours (Monday to Friday: 9:00 – 18:00). 如你需要更進一步了解本退休金的資訊,歡迎你在辦公時間內 (星期一至星期五: 9:00 – 18:00) 致電我們的MPF 24 小時自助資訊通 : 2500 1600。
Warnings注意:
Investments are subject to risks and the value of units may go down as well as up, which may cause the
loss of accrued benefits. Past performance is not indicative of future performance. 投資涉及風險,單位價值可升亦可跌,可為累算權益帶來損失。往績並不代表將來表現。
These Constituent Funds may not be suitable for all investors. 此等成分基金或許並非都適合所有投資者。
Haitong Korea Fund, Haitong Asia Pacific (excluding HK) Fund and Haitong Global Diversification Fund
which invest in emerging markets will be subject to higher volatility, liquidity, political, legal and currency
risks. 投資於新興市場的海通韓國基金、海通亞太(香港以外) 基金及海通環球分散基金當中涉及特別風險包括較高的波動性、流動性限制、政治、法律及貨幣風險等因素。
Haitong Korea Fund and Haitong Hong Kong SAR Fund which invest in a single market will be subject to
higher concentration risk than funds following a more diversified investment policy.
投資於單一市場的海通韓國基金及海通香港特區基金當中涉及的集中風險高於採取較分散投資策略的基金。
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Haitong MPF Retirement Fund
海通MPF退休金 Fund Objective
Disclaimer免責聲明:
This Fund Fact Sheet is neither an offer nor solicitation to purchase/redeem units of any of the funds
mentioned herein or constitutes a guide to the future performance of the same.
本基金報告並不視作為認購/贖回基金單位的邀請或建議,或作為基金將來表現。
Certain information contained in this Fund Fact Sheet is provided by third parties. Haitong International
Investment Managers Limited uses its best endeavors to ensure the information and sources used are
reliable and that the views and opinions provided herein are given in good faith. Please seek appropriate
professional advice if you are in doubt of any information contained in this Fund Fact Sheet.
本基金報告內容某些資料是由第三者所提供。海通國際投資經理有限公司會真誠地盡力確保該資料及所提供
意見的可靠性。倘閣下對本基金報告有任何疑問,請尋求適當的專業意見。
Issued by Haitong International Investment Managers Limited.
由海通國際投資經理有限公司刊發。