Schroder Asian Investment Grade Credit RMB Hedged
PSPL Risk Classification: Low to Medium
The Schroder Asian Investment Grade Credit Fund aims to provide a return of capital growth and income primarily through investment in a portfolio of investment grade (i.e. at or greater than BBB- rated by Standard & Poor's or Fitch Ratings or Baa3 rated by Moody's) debt securities denominated in local and foreign currencies, issued by governments, government agencies, supra-national and corporate borrowers across Asia (ex Japan) debt markets. The Fund is also permitted to make tactical investments (up to 30% maximum including cash) in G7 Government bonds for diversification and capital preservation purposes. This fund may use financial derivative instruments as a part of the investment process. Derivatives carry a high degree of risk and should only be considered by sophisticated investors.
Fund Information
- Asset Class:Fixed Income
- Sector:Diversified
- Geography:Asia Pacific ex-Japan
- Benchmark index:CPFIS-OA Interest Rate plus 100 basis points p.a.
- Launch Date:28 Feb 2013
- Launch Price:CNY 10
- Fund Currency:CNY
- Fund Source: CASH
- CPF Risk Classification:
- Price Made Known On:T+2
- Price Type:Net Asset Value
- Dealing Cut Off Time:3:00PM Spore Time
Information
Cash | CPFOA-IA | CPFSA-IA | SRS-IA | |
---|---|---|---|---|
Minimum Investment Amount | CNY 5000 | - | - | - |
Minimum Subsequent Investment | CNY 2500 | - | - | - |
Minimum Redemption Amount ($)/units | CNY 2500 | - | - | - |
Relevant Charges
Cash | CPFOA-IA | CPFSA-IA | SRS-IA | |
---|---|---|---|---|
POEMS Sales Charge | 0% | - | - | - |
Internal Switch-in Charge/Min Switch-in Charge | 0.00 % / $ 5.00 | - | - | - |
External Switch-in Charge | NA | - | - | - |
Redemption/Realisation Charge | NA | - | - | - |
Annual Management Fee | 0.8% | - | - | - |
Annual Trustee Fee | 0.05% | - | - | - |
Expense Ratio | - | |||
Fund Manager Sales Charge | NA | - | - | - |
Admin Fee | NA | - | - | - |