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Fund Information Fund Information HANG SENG INDEX FUND CLASS A (HKD) (MIP) (U42281) Fund Price Type of Morningstar Fund Size Risk Level Investment Tenor Divdend Policy Change vs Previous Investment Return Overall Rating NAV Last Update Trading Day (%) HKD28.94000 0.07% 27-09-2021 (PM) HKD 2,501,252,407.00 4 ≥1 Year(s) Inc (Unit) 3 ★★ 0 Month(s) Product Features - Investment Objective and Strategy The investment objective of the Fund is to match as closely as practicable, before fees and expenses, the total return performance (net of withholding tax) of the Hang Seng Index (the “Index”) through investing primarily in the constituent stocks of the Index. The Manager primarily adopts the full replication strategy by which the assets of the Fund comprise the constituent stocks with reference to their respective weightings in the Index or futures contracts on the Index. Exposure to the Index may also be obtained through other index-tracking strategies or financial derivative instruments (such as futures contracts) from which the return to the Fund will substantially reflect the performance of the Index. The Fund's net derivative exposure may be up to 50% of its Net Asset Value. Fund Portfolio as of 30-06-2021 Asset Allocation Equity Holdings Geographical Allocation Equity Holdings Sector Allocation Stock Bond Cash Other 99.07 0.00 0.93 0.00 Total Number of Equity Holdings 58 Total Number of Bond Holdings 0 Fee Information Performance History Subscription Fee 3.00% Switching Handling Fee 1% *Not applicable to Guaranteed Funds* Management Fee 1.000% p.a. Redemption Fee - Performance Fee - Incentive Fee - Other Fund Information Launch Date 13-07-1998 Fund Type Index Fund and Index Leveraged Fund Fund Category Greater China Equity Investment Market Sector Hong Kong Equity Dealing Freqeuncy/ Dealing Cut-off Time Two Dealing Sessions per Dealing Day / Fund indexed performance (initial value =100%). Performance statistics were calculated based on the class currency HKT 11:10 (Morning Cut-off Time ) & of the relevant fund and the NAV or Bid price of the relevant fund, based on the principle of NAV-to-NAV or Bid-to-Bid, 15:10 (Afternoon Cut-off Time ) with reinvestment of all dividends (if any) received from the relevant funds. as of 31-08-2021 Fund House Hang Seng Investment Management Limited Return(%) Fund Manager Not Disclosed Cumulative YTD 1W 1M 3M 6M 1Y Fund Manager Start Date 13-07-1998 as of 27-09-2021 Biography Fund Performance -9.87 0.42 -4.55 -16.74 -13.43 5.47 - Sector Average -7.26 -2.72 -5.38 -13.84 -9.30 9.10 Annualised 3Y 5Y 10Y 15Y Fund Performance -0.72 4.45 4.71 4.80 Sector Average 3.75 7.21 5.75 6.84 Calendar Year 2020 2019 2018 2017 2016 Fund Performance -1.69 11.40 -11.70 39.28 2.79 Sector Average 12.07 12.56 -12.55 40.97 0.62 Morningstar Rating as of 31-8-2021 Fund Price Information as of 27-09-2021 (PM) Overall Rating ★★ 3-year Rating ★★ 5-year Rating ★ 10-year Rating ★★ Equity Valuation as of 30-06-2021 Price/Prospective Earnings 14.81 Price/Cash Flow 13.61 Price/Book 1.36 Fund Volatility as of 31-8-2021 1-Yr Sharpe Ratio 0.31 1-Yr Std Dev 16.91 Fund price movement is calculated on bid to bid/NAV to NAV basis in fund class currency (HKD). 1-Yr Annualised Return 5.47% Unit Price 3-Yr Sharpe Ratio -0.01 NAV HKD28.94000 3-Yr Std Dev 18.20 Bid Price HKD28.94000 3-Yr Annualised Return -0.72% Offer Price HKD29.81000 52 Weeks Low-high HKD27.95000 - 36.60000 Important Message: Investors should refer to the relevant fund's offering document before making any investment decision. Note: 1. Fund code: This refers to the code shown preceding the Fund Name (e.g. U43935). Fund codes are for reference only. A different fund code may be displayed on client's contract note if the fund is subscribed through Monthly Investment Plan (MIP) or is linked to a loan facility. 2. The Risk Level (1 = Low Risk, 2 = Low to Medium Risk, 3 = Medium Risk, 4 = Medium to High Risk, 5 = High Risk) is assigned to a fund by the Bank based on the Bank’s internal assessment of various factors, including but not limited to, the risk level of the Investment Market Sector that the fund belongs to, volatility of the fund, market conditions, investment objective and investment strategy of the fund, etc., and is for general information and reference only. The Risk Level assigned to a fund will be assessed semi-annually and the effective date of the Risk Level resulted from the last semi-annual assessment is 29-05-2021. The Bank may revise the Risk Level assigned to a fund from time to time without any prior notice. The Risk Level of a fund that is recently added to the Bank’s platform is assigned as of the date the fund is added. The information in connection with risk level is compiled by the Bank with reference to sources which the Bank believes to be reliable. 3. Investment Tenor: Information on Investment Tenor may not be available for all funds. 4. Dividend Payout: Accum = Accumulation; Inc (Cash) = Income (Cash); Inc (Unit) = Income (Unit) 5. Unit price: Please note that the Unit Prices quoted are for reference only. All Unit Prices quoted are either NAV or Bid prices for the relevant Units and only represent the redemption prices for the relevant Units on the date shown. For fund subscription, it shall be based on the offer prices which have to take into account the relevant subscription fees, if any, as applicable to the relevant customers. You may check with the Bank for the reference offer prices. Please note that there may be significant discrepancy between the actual offer prices and the reference offer prices provided by the Bank when the customers submit the subscription application. For funds with more than one Dealing Session per Dealing Day, if "AM" appears after the date, this is the Unit Price for the Morning Dealing Session; for "PM", it is the Unit Price for the Afternoon Dealing Session. 6. Sector Performance: In respect of the statistic used for Sector Performance, the returns of each relevant fund in the sector were calculated based on the principle of NAV-to-NAV or Bid-to-Bid in the class currency of the relevant fund, with reinvestment of all dividends (if any). The percentage returns for 1-year and below are cumulative returns and are updated based on the latest available fund prices whilst the percentage returns for 1-year or above are annualised returns and are updated at the end of every month. 7. Return: i In respect of each relevant fund, the returns were calculated based on the principle of NAV-to-NAV or Bid-to-Bid in the class currency of the relevant fund, with reinvestment of all dividends (if any). For funds with more than one Dealing Session per day, the returns were calculated based on the fund price in the Afternoon Dealing Session. Only the funds that have an investment track record of at least 6 months as of the information captured date will have their percentage returns displayed. ii In respect of each relevant fund: Cumulative returns: The percentage returns for 1-year and below are cumulative returns and updated based on the latest available fund prices. Annualised returns: The percentage returns for 1-year or above are annualised returns and are updated at the end of every month. Calendar Year returns: For any year’s percentage return, if the inception date of the relevant fund is after the 31st December of the previous year, the percentage return for the year will be calculated from its inception date to the end of that year. 8. Fund Size: It is based on data of 31-08-2021. 9. Morningstar Rating: It is based on fund price available on 31-08-2021, calculated on a NAV-to-NAV basis, in HKD and with reinvestment of all dividends (if any). 10. Offering Documents: If you want to obtain a printed copy of the offering documents, please contact our staff at any Hang Seng Bank branches. You need to have the latest version of Acrobat Reader to view the file. The software can be downloaded from http://www.adobe.com. 11. Type of Investment Return: This is assigned by the Bank to a fund based on the primary nature of the fund, and is for general information and reference only. Fund(s) with Type of Investment Return 2 or 3 are not capital protected and there will be no guarantee for payment of principal upon redemption. 1 = Capital Preservation 2 = Potential Cash Income 3 = Potential Capital Growth 12. Dealing Frequency/ Dealing Cut-off Time: • For funds managed by Lyxor Asset Management, if any such day is not a Hong Kong Business Day, the Cut-off Day (Dealing Deadline) would be the following Hong Kong Business Day. The Dealing Day is the Exchange Business Day immediately following the Cut-off Day (Dealing Deadline), or if any such day is not an Exchange Business Day, the next following Exchange Business Day or such other day or days as the Trustee and Manager may agree from time to time, provided that orders received after the Cut-off Day (Dealing Deadline) immediately preceding such Dealing Day shall not be executed on the immediate following Valuation Day, but shall be executed on the next Valuation Day.
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