Hong Kong Authorized Unit Trusts |
Ping An of China Select Investment Fund Series - |
Ping An Stable Fund |
Investment involves risks. Please refer to the Explanatory Memorandum for details including the risk factors.
2. Concentration risk regarding investment in money market instruments and debt securities
3. Risks associated with money market instruments and debt securities
4. Risks associated with bank deposits
5. Risks associated with Bond Connect
6. PRC tax risks
7. Risks relating to securities lending transactions
8. Risks relating to sale and repurchase agreements
9. Risks relating to reverse repurchase agreements
10. Risks of investing in other collective investment schemes
11. Risks relating to hedging and currency hedged classes
12. Concentration risk in Asia-Pacific region and emerging market (including Mainland China) risk
13. Currency risks
14. RMB currency risk and RMB denominated classes risk
Fund Manager | Ping An of China Asset Management (Hong Kong) Company Limited |
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Fund inception date | 04/09/2023 |
Fund size | USD 5.2 million (25/10/2024) |
Base currency | USD |
Unit price | Class A USD 104.3704 |
Class A RMB (Hedged) 99.2000 | |
Dealing frequency | Monthly, on the fifth Business Day before month end in each month |
Dividend policy | No distribution to Unitholders |
Fund Objective |
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Ping An Stable Fund's (the "Fund") objective is to provide stable income by mainly investing in money market instruments and debt securities. |
Fund Strategy |
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The Fund seeks to achieve its investment objective by investing primarily (i.e. not less than 70% of its Net Asset Value) in a broad range of USD-denominated money market instruments and debt securities which are issued by governments, quasi-governments, international organisations, financial institutions and corporate issuers. The money market instruments and debt securities that the Fund invests in may include but are not limited to short-term deposits, government bills, time deposit, certificates of deposit, commercial papers, bankers' acceptances, bonds, notes and money market funds managed by a third party, the Manager, or its Connected Persons. |
General Information | |
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Minimum investment (initial / subsequent) / minimum holding (aggregate minimum value of Units held) / minimum redemption (aggregate minimum value of Units redeemed): | Class A USD: USD 1 Class A RMB (Hedged): RMB 1 Class A HKD (Hedged): HKD 1 Class A GBP (Hedged): GBP 1 |
Subscription fee: | Up to 3.0% |
Redemption fee#: | Up to 3.0% |
Switching fee#: | Up to 3.0% |
Management fee#: | Class A: 0.35% p.a |
Financial year end: | 30 June |
Trustee Limited: | BOCI-Prudential Trustee Limited |
Codes | |
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ISIN Code | Class A USD HK0000947397 Class A RMB (Hedged) HK0000947405 Class A HKD (Hedged) HK0000947413 Class A GBP (Hedged) HK0000947421 |
Bloomberg Code | Class A USD PASANFA HK Class A RMB (Hedged) PASTBAR HK Class A HKD (Hedged) PASTBAH HK Class A GBP (Hedged) PINANAG HK |
Past performance information is not indicative of future performance. Investors may not get back the full amount invested
The computation basis of the performance is based on the calendar year end, NAV-To-NAV,with dividend reinvested (if any)
These figures show by how much the Sub-Fund increased or decreased in value during the calendar year being shown. Performance data has been calculated in USD including ongoing charges and excluding subscription fee and redemption fee you might have to pay
Where no past performance is shown there was insufficient data available in that year to provide performance
Class A USD : Cumulative Performance (%) | |||||||
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1 month | 3 months | 6 months | YTD | 1 year | |||
0.26% | 0.96% | 1.93% | 3.17% | 3.79% |
Class A RMB (Hedged) : Cumulative Performance (%) | |||||||
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1 month | 3 months | 6 months | YTD | 1 year | |||
0.25% | -1.74% | -0.87% | N/A | N/A |
The performance quoted represents past performance of the Fund. Investment return and principal value of an investment will fluctuate so that an investor's units, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Past performance may not be repeated and is no guide for future returns.
Annualized Net Yield is available to investors upon request.
# Unitholders shall be given not less than 1 month's prior notice should the Management Fee, Switching Fee or Redemption Fee be increased from the current level up to the maximum level as disclosed in the main part of the Explanatory Memorandum.