Investment Objective

To maximise long term overall returns by investing primarily in global equities.

Fund Details

Latest Fund Expense Ratio: 1.21%

Launch Date(dd/mm/yyyy): 01/12/2000

Unit Price: HKD 37.8425

Fund Size: HKD 1,547.39M

Fund Commentary

Global equities closed June with solid gains. Growing optimism over economic recovery initially propelled stocks higher, helping them to overcome concerns over racial protests and heightened tensions between the US and China. However, these gains were tempered when central banks dispelled hopes for a V-shaped recovery. Investors were also unnerved by new COVID-19 outbreaks in China, Australia, Germany and the UK, as well as a sharp surge in new infections in the south and west of the US.

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