Investment Objective

To provide investors with long-term capital appreciation through well diversified investments in global equities principally by investing in companies according to (1) their environmental ratings, and (2) financial performance expectations, with a view to outperforming the MSCI World Index over the medium to long term. This fund is a feeder fund investing entirely in an approved pooled investment fund.

Fund Details

Latest Fund Expense Ratio: 1.62%

Launch Date(dd/mm/yyyy): 31/03/2006

Unit Price: HKD 144.97

Fund Size: HKD 1,799.97M

Fund Commentary

The fund recorded -13.6% return in March. In March, stock picking in Telecommunication Services drove performance whilst Financials lagged behind. Citrix Systems was the top contributor whilst ONEOK was the top detractor. The coronavirus outbreak will weigh on economic growth this quarter and next, but we expect the economy to rebound once the most acute phase is over. As soon as the situation stabilises, investors should exploit opportunities in the most dislocated areas of the market (EU and EM equities).

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