Investment Objective
To seek a long-term capital appreciation by investing in a combination of global equity market index-tracking funds. This fund is not an index-tracking fund. This fund is a portfolio management fund investing entirely in approved ITCISs.
Fund Details
Latest Fund Expense Ratio: 0.98%
Launch Date(dd/mm/yyyy): 01/12/2007
Unit Price: HKD 113.54
Fund Size: HKD 1,254.46M
Fund Commentary
The fund recorded -17.23% return in March. Global equities plunged in March as the number of COVID-19 confirmed cases ticked up at an exponential rate, especially in the US. Even though Federal Reserve Chairman Powell pledged to act as appropriate to support the economy, it has not helped US Equity. Many European countries have implemented lock down to mitigate the COVID-19 outbreak. We continue to believe the West is currently being the eye of the storm and it will take time for global outputs to recover back to pre-virus level.
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 | Year To Date |
| -18.95% |
0.33% |
3.43% |
1.03% |
-6.39 | 9.73 | 22.35 | -9.58 | 21.96 | N/A |
Fund Performance Information
| Annualised return |
1 year
(p.a. %) |
5 years
(p.a. %) |
Since Launch
(p.a. %) |
| -18.95% |
0.33% |
1.03% |
| Calendar year return |
| 2015 | 2016 | 2017 | 2018 | 2019 | Year To Date |
| -6.39 | 9.73 | 22.35 | -9.58 | 21.96 | N/A |
Top 10 Holdings
| Security name |
Holdings Weight |
| MICROSOFT CORP |
3.27% |
| APPLE INC |
2.89% |
| AMAZON COM INC |
2.21% |
| VALE SA |
1.45% |
| ITAU UNIBANCO HOLDING ADR REP PRE |
1.20% |
| FACEBOOK INC |
1.09% |
| BERKSHIRE HATHAWAY INC CLASS B |
0.97% |
| ALPHABET INC CLASS A |
0.95% |
| ALPHABET INC CLASS C |
0.94% |
| JOHNSON & JOHNSON |
0.94% |
| Total |
15.91% |
Top 10 Holdings
Security name
Holdings Weight |
| MICROSOFT CORP
Holding Weight 3.27%
|
| APPLE INC
Holding Weight 2.89%
|
| AMAZON COM INC
Holding Weight 2.21%
|
| VALE SA
Holding Weight 1.45%
|
| ITAU UNIBANCO HOLDING ADR REP PRE
Holding Weight 1.20%
|
| FACEBOOK INC
Holding Weight 1.09%
|
| BERKSHIRE HATHAWAY INC CLASS B
Holding Weight 0.97%
|
| ALPHABET INC CLASS A
Holding Weight 0.95%
|
| ALPHABET INC CLASS C
Holding Weight 0.94%
|
| JOHNSON & JOHNSON
Holding Weight 0.94%
|
| Total: 15.91% |
Portfolio Allocation
- • 7.45 Brazil
- • 4.18 Britain
- • 7.29 Japan
- • 3.28 Mexico
- • 58.57 United States
- • 18.42 Other Countries
- • 0.81 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.