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).
Fund Performance Information
| Annualised return |
Calendar year return |
1 year
(p.a. %) |
5 years
(p.a. %) |
10 years
(p.a. %) |
Since launch
(p.a. %) |
2015 | 2016 | 2017 | 2018 | 2019 | YTD |
| -11.94% |
0.97% |
5.01% |
2.69% |
-1.35 | 2.08 | 22.38 | -12.49 | 26.80 | N/A |
Fund Performance Information
| Annualised return |
1 year
(p.a. %) |
5 years
(p.a. %) |
Since launch
(p.a. %) |
| -11.94% |
0.97% |
2.69% |
| Calendar year return |
| 2015 | 2016 | 2017 | 2018 | 2019 | YTD |
| -1.35 | 2.08 | 22.38 | -12.49 | 26.80 | N/A |
Top 10 Holdings
| Security name |
Holdings Weight |
| APPLE INC |
3.79% |
| MICROSOFT CORP |
3.66% |
| ALPHABET INC |
2.28% |
| BRISTOL-MYERS SQUIBB CO |
2.06% |
| AMGEN INC |
1.80% |
| CITRIX SYSTEMS INC |
1.72% |
| AUTOMATIC DATA PROCESSING INC |
1.67% |
| EDWARDS LIFESCIENCES CORP |
1.60% |
| MARSH & MCLENNAN COS INC |
1.60% |
| ABBVIE INC |
1.44% |
| Total |
21.62% |
Top 10 Holdings
Security name
Holdings Weight |
| APPLE INC
Holding Weight 3.79%
|
| MICROSOFT CORP
Holding Weight 3.66%
|
| ALPHABET INC
Holding Weight 2.28%
|
| BRISTOL-MYERS SQUIBB CO
Holding Weight 2.06%
|
| AMGEN INC
Holding Weight 1.80%
|
| CITRIX SYSTEMS INC
Holding Weight 1.72%
|
| AUTOMATIC DATA PROCESSING INC
Holding Weight 1.67%
|
| EDWARDS LIFESCIENCES CORP
Holding Weight 1.60%
|
| MARSH & MCLENNAN COS INC
Holding Weight 1.60%
|
| ABBVIE INC
Holding Weight 1.44%
|
| Total: 21.62% |
Portfolio Allocation
- • 2.00 Australia
- • 5.28 Britain
- • 3.52 Canada
- • 2.55 France
- • 2.72 Germany
- • 7.81 Japan
- • 2.45 Switzerland
- • 64.53 United States
- • 7.33 Other Countries
- • 1.81 Cash and Others
The materials provided are for information only and do not constitute as an offer. For investment advice, please consult professional advisors. The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. MPF.HK shall not be responsible for any consequential effect, nor be liable for any direct, consequential, incidental, indirect loss or damage, howsoever caused, arising from the use of, inability to use or reliance upon any information or materials provided on this website, whether or not such loss or damage is caused by MPF.HK. Links to third party sites are provided for your information only. The content and software of these sites have been issued by third parties. As such, MPF.HK cannot be responsible for the accuracy of information contained in these sites, nor be held liable for any loss or damage arising from or related to their use.