PineBridge Hong Kong Dollar Fixed Income Fund

 (MUTF_HK:PINE_HONG_KONG_11Z08HH)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.11%  
1 week
   
-0.21%  
4 week   +0.38%
   
3 month   +1.75%
   
YTD   +2.61%
   
1 year   +4.20%
   
3 years*   +3.15%
   
5 years*   +2.11%
   
*annualized
Best 3 month return+6.85%  
Worst 3 month return-4.42%  

Morningstar statistics

Morningstar category: HKD Bond
  Return Risk Rating
3 years Low Average
5 years Low Below Average
10 years Low Average
Overall Low Average

Key statistics

Total assets495.29M 
Front load6.00%  
Deferred load-  
Expense ratio-  
Management fee-  
Fund familyPineBridge Investments Ireland Ltd 

Asset allocation

Cash16.12%  
Stocks0.00%  
Bonds77.76%  
Other6.12%  

Purchase information

InitialHK$5,000  
AdditionalHK$1,000  
18.59-0.02(-0.11%)
Jul 21, 8:00AM GMT+8 Overall Morningstar RatingTM

Description

The Fund seeks to provide investors with a stable source of high recurring income through a managed portfolio of bonds and other income yielding securities. The Fund aims to provide security of capital as well as a comparatively high level of income by investing in a range of capital and money market fixed and floating rate instruments, either denominated in HKD or, if they are not denominated in HKD, the currency exposure shall be hedged back into HKD in order to ensure that the Fund has an effective exposure of 100 % to the HKD.
Asset managers:
Arthur Lau (Started: Feb 28, 2011)
Annie Leung (Started: Aug 31, 2010)
Advisor Company:
AIG Global Investment Corporation (Asia)
Pinebridge Investments Fund Management Ltd, 16/F AIG Tower, No. 1 Connaught Road Central

Risk

  1 year 3 years 5 years 10 years  
Alpha* 1.94 0.13 1.35 0.92
Beta* -1.35 0.22 -0.02 -0.06
Mean annual return 0.19 0.03 0.13 0.21
R-squared* 2.56 0.06 0.00 0.02
Standard deviation 2.27 2.56 2.42 3.08
Sharpe ratio 0.90 0.02 0.56 0.34
* Against standard index

Top 10 holdings