|
|
| |
| |
Fortis Haitong Money Market Fund |
|
| |
|
| Transaction Code: A：519505 B：519506
|
|
1. Investment Objective
To achieve a higher yield than benchmark with the prerequisites of securing the principal and requisite liquidity of the assets.
|
|
2. Investment Scope
In accordance with the Provisional Measures for the Administration of Money Market Funds and the Fund Contract of Fortis Haitong Money Market Fund, the Fund should invest in cash, time deposits with maturity within one year (inclusive), certificates of deposits, bonds with maturity within 397 days (inclusive), bond repurchase agreements with maturity within one year (inclusive), bills issued by the People’s Bank of China (“the PBOC”) with maturity within one year (inclusive) and other money market instruments with high liquidity authorised by the CSRC and the PBOC. |
|
3. Investment strategy
Based on our analysis of macro economic indicators (interest rates, inflation rates, GDP growth, Money supply, employment rates, Global interest rates, exchange rates, etc.), we will decide the duration(long/medium/short) and percentage allocation for the bond portfolio.
Based on the credit rating and downside protection provisions of different bonds, we will decide the risk level of the portfolio.
Based on the portfolio asset allocation strategy, we will decide the asset allocation and individual weightings among different asset classes.
First screening, individual asset selection will be based on the remaining holding period, creditability, liquidity (total volume, daily average trading volume). |
|
4. Benchmark
Bank's one-year term deposit rate (after tax) |
|
5. Fund Manager
Ms. ZHANG Lijie
Bachelor degree, Former bond trader in Bank of Nanjing Co., Ltd. She joined Fortis Haitong Investment Management Co., Ltd. in August 2004. Her previous positions with Fortis Haitong were assistant fixed income analyst and assistant portfolio manager. Now, she is the Fund Manager for Fortis Haitong Money Market Investment Fund. |
|
6. Fees Structure
|
A：519505 |
B：519506 |
Management Fee |
0.33% |
0.33% |
Custodian Fee |
0.10% |
0.10% |
|
| |
| |
|
|
|
