華安基金管理有限公司成立於1998年,總部位於上海,是中國證監會批准成立的首批5家基金管理公司之一。
公司秉承“以人為本,誠信守正,專業專注,追求極致。”的核心價值觀, 深耕中國資本市場,致力於成為最受投資者信賴的,具有全球資產配置能力的一流資產管理公司。
華安香港是華安基金全資控股的唯一海外子公司,成立於2010年6月10日,註冊資金1億元港幣。
華安香港持有香港證監會核准的第一類(證券交易)、 第四類(就證券提供意見)、 第九類(資產管理)牌照;擁有RQFII/QFII資格,港股通投顧資格。
華安投資基金開放式基金型公司 — 華安投資級債券基金(「子基金」)須受限於一般巿況波動及 子基金資產的其他固有因素。因此,閣下須承擔無法收回投資於子基金的本金或可能損 失大部分或全部投資的風險。 子基金旨在透過主要投資於全球投資級債券,為投資者提供中長期的穩定持續投資回報。 可能承擔a) 債券相關風險 (包括信用/交易對手風險、利率風險、主權債務風險、 波動性和流動性風險、降級風險、估值風險、信用評級風險、 信用評級機構風險及低於投資級和未評級的債券風險), b) 與銷售及回購交易有關的風險, c) 集中風險, d) 歐元和歐盟相關風險, e) 可轉換債券的投資風險, f) 新興市場風險, g) 人民幣貨幣和兌換風險, h) 人民幣份額類別風險, i) 貨幣和外匯風險及 j) 派息脫離/有效脫離資本風險。
子基金可在守則准許的範圍內投資於衍生工具作對沖或投資目的, 而在不利情況下,其運用金融衍生工具可能變得無效及/或致使子基金蒙受重大損失。
子基金可從子基金的資本中支付分派和/或實際使用資本派發股息。投資者應注意, 從資本中支付分派和/或實際使用資本派發股息相當於退回或提取投資者的部分原投 資額或歸屬於該原投資額的任何資本收益,而該等分派可能導致每股的資產淨值即時減少。
除非中介人於銷售基金時已向閣下解釋經考慮閣下的財務情況、 投資經驗及目標後,此基金是適合閣下的,閣下不應投資在子基金。
投資者不應僅就此文件提供之資料而作出投資決定,並應細閱有關基金之發售文件所載詳情及風險因素。
子基金旨在透過主要投資於全球投資級債券,為投資者提供中長期的穩定持續投資回報。
子基金主要(即至少70%的資產淨值)投資於全球投資級債券。子基金最多將其30%的資產淨值投資於投資級以下或無評級的債券,基金經理認為如此可實現子基金的投資目標。
“投資級”是指標準普爾或惠譽評級達到BBB-或以上,穆迪評級達到Baa3或以上, 或任何國際公認的信用評級機構給予的同等評級,或中國大陸信用評級機構AAA或以上評級。 就此而言,如果相關債券本身沒有信用評級,則可參考該債券發行人的信用評級。 “無評級債券”是指本身或發行人均沒有標準普爾、 惠譽、穆迪或任何國際公認或中國大陸的信用評級機構的信用評級的債券。
基金經理將根據定量和定性基本因素來評估固定收益工具的信用風險, 包括但不限於發行人的杠杆率、營業利潤率、資本回報率、利息償付率、經營現金流、行業前景、 公司競爭地位和公司治理問題。
子基金可投資的債券包括(但不限於)長期債券、中期票據、票據、可轉換債券、 或有可轉換債券(“CoCos”)、次級債務、點心債券(即在中國大陸以外發行但以人民幣計價的債券) 、資產擔保債券、按揭擔保債券、資產擔保商業票據、存款憑證和商業票據。
子基金可將少於其資產凈值的30%投資於資產擔保債券、按揭擔保債券和資產擔保商業票據, 並將少於其資產凈值的30%投資於點心債券。
子基金可透過債券通、中國銀行間債券市場或利用基金經理的合格境外投資者(定義見說明書)身份, 或透過投資於其他集體投資計畫或適用法律和法規不時允許的其他方式,將其20%以內的資產 淨值投資於中國大陸在岸債券市場(包括城投債)。城投債是由大陸地方政府融資工具發行的債務工具。 這些地方政府融資工具是由地方政府和/或其附屬機構建立的獨立法律實體, 專為公益投資或基礎設施項目籌集資金。
子基金可投資於任何一個國家或地區的資產淨值比例不受任何限制,在一個國家的投資比重可 高達子基金資產淨值的100%。子基金可投資的國家和地區包括但不限於亞洲(包括大中華區)、 美國、歐洲國家,亦可能包括新興市場。
子基金不會將其投資集中在任何特定的行業或部門,雖然在某些行業或部門的分配比重可能相對較高, 具體取決於基金經理在不同時間進行的評估。
子基金可將30%以下的資產淨值投資於具有損失吸收功能的債務工具(即由金融機構的控股公司 發行的債務工具,其特點是在(i)金融機構接近或處於無存續能力時, 或(ii)金融機構的資本比率下降到特定水平時,或有減記或轉換為普通股)。 此類債務工具包括CoCos、非優先高級債務工具以及額外一級和二級資本工具及符合 《銀行業(資本)規則》或非香港司法管轄區的同等制度下的合資格標準。 本子基金將考慮當時的市場情況,儘快處置前述普通股。
子基金對任何單一主權發行人(包括其政府、該國家的公共或地方當局)所發行和/或擔保的、 信用評級低於投資級或未評級的債券的投資不會超過其資產淨值的10%。
子基金將不超過其資產淨值的10%投資於優先股。除優先股外,子基金沒有於其他投資股權債券的計畫。 然而,根據市場情況,基金經理有可能將投資的可轉換債券(或類似工具)轉換為股票以實現利潤。 這種情況下,考慮到當時的市場條件,會儘快出售股票。
特殊情況下(如市場崩潰或重大危機),子基金可能會暫時將其資產淨值的100%投資於現金或現金等價物, 用於現金流管理並達到防禦性目的。
子基金可預期及最高不超過其資產淨值的30%進行銷售及回購交易。子基金沒有進行債券借貸和逆回購交易的計畫。
子基金僅可將期貨和遠期合約等金融衍生工具用於對沖和/或投資目的。
** 注釋: 過往表現資料並非未來表現的指標,投資者可能無法取回全部投資金額。 過往表現資料並非未來表現的指標,投資者可能無法取回全部投資金額。 表現的計算以每個日曆年年底/時期期末的資產淨值作比較基礎,股息(如有) 再投資。 數字顯示子基金(A類及I類)價值于所示歷年/時期的升幅或跌幅。 表現的資料以美元/港元/人民幣計算,當中包括持續收費,但不包括閣下可能需要支付的認購及贖回費. 如未有顯示某年度/時期的表現,則指該年度/時期未足夠資料計算表現。未足夠資料計算表現。
标题 | 类别 | 日期 |
致投資者之通知 | 通知 | 2024年3月15日 |
致投資者之通知 | 通知 | 2023年8月29日 |
致投資者之通知 | 通知 | 2023年8月25日 |
致投資者之通知 | 通知 | 2023年5月22日 |
致投資者之通知 | 通知 | 2022年12月6日 |
版權所有© 2022。華安資產管理(香港)有限公司。 本報告之發行人為華安資產管理(香港)有限公司。 本報告不構成投資基金單位之邀請或建議。認購基金單位時只可以使用附有說明書的申購表格。 投資帶有風險,基金價格可升或跌,過往業績亦不代表將來的表現。投資前,投資者應仔細閱讀說明書 (包括「風險因素」部份) 中與該基金相關的投資風險。 本報告可能只限於在若干司法權區內派發。 在任何不准分發有關資料或作出任何邀請或建議之司法權區內,或向任何人仕分派有關報告或作出 邀請或建議即屬違法之情況下,本報告並不構成該等分派或邀請或建議。本文件獲豁免經香港證監會 預先審閱及認可,並未經過香港證監會審核。香港證監會認可不等如對該計劃作出推介或認許, 亦不是對該計劃的商業利弊或表現作出保證,更不代表該計劃適合所有投資者,或認許該計劃適合任何 個別投資者或任何類別的投資者。
Investment in the HuaAn Investment Fund OFC – HuaAn Investment Grade Bond Fund (the “Sub-Fund”) is subject to normal market fluctuations and other risks inherent in the Sub-Fund’s assets. Accordingly, there is a risk that you may not recoup the original amount invested in the Sub-Fund or may lose a substantial part or all of your investment.
The Sub-Fund seeks to provide investors with a stable and consistent investment return over medium to long term by investing primarily in investment grade debt securities globally and may be subject to a) Risks relating to debt securities (including Credit/counterparty risk, Interest Rate risk, Sovereign debt risk, Volatility and liquidity risk, Downgrading risk, Valuation risk, Credit rating risk, Credit rating agency risk and Below investment grade and unrated securities risk), b) Risks relating to sale and repurchase transactions, c) Concentration risk, d) Euro and EU related risks, e) Risks of investing in convertible bonds, f) Emerging markets risk, g) RMB currency and conversion risk, h) RMB share class risk, i) Currency and foreign exchange risk and j) Distributions out of/effectively out of capital risk.
The Sub-Fund may invest in derivatives for hedging or investment purposes to the extent permitted by the Code and in adverse situations its use of financial derivative instruments may become ineffective and/or cause the Sub-Fund to suffer significant loss.
Distributions of the Sub-Fund may be paid out of and/or effectively out of the capital of the Sub-Fund. Investors should note that payment of distributions out of and/or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment and such distributions will result in an immediate reduction of the net asset value per share.
You should not invest in the Sub-Fund unless the intermediary who sells it to you has explained that the Sub-Fund is suitable for you regarding your financial situation, investment experience and objectives.
Investors should not invest in the Sub-Fund based on this document alone. Before making any investment decision, the investor should read the Sub-Fund’s offering documents carefully including the risk factors.
The Sub-Fund seeks to provide investors with a stable and consistent investment return over medium to long term by investing primarily in investment grade debt securities globally.
The Sub-Fund will primarily (i.e. at least 70% of its NAV) invest in investment grade debt securities globally. The Sub-Fund may invest up to 30% of its NAV in below investment grade or unrated debt securities, which in the opinion of the Manager are suitable for achieving the investment objective of the Sub-Fund.
“Investment grade” means either a rating of BBB- or above from Standard & Poor’s or Fitch, Baa3 or above from Moody’s or an equivalent rating from any internationally recognized credit rating agency, or a rating of AAA or above from a mainland Chinese credit rating agency. For this purpose, if the relevant debt security does not itself have a credit rating, then reference can be made to the credit rating of the issuer of the debt security.
“Unrated debt security” means a debt security which neither itself nor its issuer has a credit rating from Standard & Poor’s, Fitch, Moody’s, any internationally recognized credit rating agency or any mainland Chinese credit rating agency.
The Manager will assess the credit risks of the fixed income instruments based on quantitative and qualitative fundamentals, including without limitation, the issuer’s leverage, operating margin, return on capital, interest coverage, operating cash flows, industry outlook, firm’s competitive position and corporate governance issue.
The debt securities in which the Sub-Fund may invest include (but are not limited to) long-term bonds, medium-term notes, bills, convertible bonds, contingent convertible bonds ("CoCos”), subordinated debt, Dim Sum bonds (i.e. bonds issued outside of mainland China but denominated in RMB), asset-backed debt securities, mortgage-backed securities, asset-backed commercial paper, certificate of deposits and commercial papers.
The Sub-Fund may invest less than 30% of its NAV in asset-backed debt securities, mortgage-backed securities and asset-backed commercial papers, and less than 30% of its NAV in Dim Sum bonds.
The Sub-Fund may invest less than 20% of its NAV in onshore mainland China debt securities market (including urban investment bonds) (via the Bond Connect, the China Interbank Bond Market (“CIBM”) or using the QFI (defined in the Prospectus) status of the Manager or through investment in other collective investment schemes or such other means as may be permitted under applicable laws and regulations from time to time). Urban investment bonds are debt instruments issued by mainland local government financing vehicles (“LGFVs”). These LGFVs are separate legal entities established by local governments and/or their affiliates to raise financing for public welfare investment or infrastructure projects.
The Sub-Fund is not subject to any limitation on the portion of its NAV that may be invested in any one country or region, and the weight in one country may go up to 100% of the Sub-Fund’s NAV. The countries and regions in which the Sub-Fund may invest include, but are not limited to: Asia (including the Greater China region), US, European countries, which may include emerging markets.
The Sub-Fund will not focus its investment in any specific industries or sectors although the allocation in certain industry or sector may be relatively significant, depending on the Manager’s assessment at different times.
The Sub-Fund may invest less than 30% of its NAV in debt instruments with loss-absorption features (i.e. debt instruments issued by a holding company of a financial institution with features of contingent write-down or contingent conversion to ordinary shares on the occurrence of (i) when a financial institution is near or at the point of non-viability, or (ii) when the capital ratio of a financial institution falls to a specified level). These include CoCos, non-preferred senior debt instruments and Additional Tier 1 and Tier 2 capital instruments that meet the qualifying criteria under the Banking (Capital) Rules or an equivalent regime of non-Hong Kong jurisdictions. The Sub-Fund will dispose of the foregoing ordinary shares as soon as possible taking into account the market conditions at that time.
The Sub-Fund will not invest more than 10% of its NAV in securities issued by and/or guaranteed by any single sovereign issuer (including its government, a public or local authority of that country) with a credit rating below investment grade or unrated.
The Sub-Fund will invest not more than 10% of its NAV in preferred shares. Save for preferred shares, the Sub-Fund does not intend to invest in other equity securities. However, depending on the market conditions, there may be a possibility that the Manager will convert the invested convertible bonds (or similar instruments) to equities to realize the profits. In this case, the equities will be sold as soon as possible taking into account the market conditions at that time.
Under exceptional circumstances (e.g. market crash or major crisis), the Sub-Fund may invest temporarily up to 100% of its NAV in cash or cash equivalents for cash flow management and defensive purposes.
The Sub-Fund may enter into sale and repurchase transactions and the expected and maximum level of the Sub-Fund’s assets available for the sale and repurchase transactions is 30% of its NAV
The Sub-Fund does not intend to engage in securities lending and reverse repurchase transactions.
The Sub-Fund may employ financial derivative instruments such as future and forwards for hedging and/or investment purposes.
Note: 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/period end, NAV-To-NAV, with dividend reinvested. These figures show by how much the Sub-Fund /Class A and Class I increased or decreased in value during the calendar year/period being shown. Performance data has been calculated in USD/HKD/RMB, 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/period to provide performance.
Subject | Type | Date |
Notice to Investors | Notice | 15 Mar 2024 |
Notice to Investors | Notice | 29 Aug 2023 |
Notice to Investors | Notice | 25 Aug 2023 |
Notice to Investors | Notice | 22 May 2023 |
Notice to Investors | Notice | 6 Dec.2022 |
Copyright© 2022. HuaAn Asset Management (Hong Kong) Limited. HuaAn Asset Management (Hong Kong) Limited is the issuer of this report. This report is neither an offer nor solicitation to purchase units of the fund; applications for shares may only be made on forms of application available with the Prospectus. Investments are subject to investment risks, fund value may go up as well as down and past performance is not indicative of future performance. Investors should read carefully the Prospectus (including the section “Risk Factors”) for the relevant risks associated with the investment in the fund before investing. Distribution of this report may be restricted in certain jurisdictions. This report does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a report or make such an offer or solicitation. This report is exempted from pre-vetting and authorization by the Securities and Futures Commission of Hong Kong and has not been reviewed by the Securities and Futures Commission of Hong Kong (“SFC”) . SFC authorization is not a recommendation or endorsement of a scheme nor does it guarantee the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.
华安基金管理有限公司
Hua An Fund Management Co., Ltd
地址:
上海市浦东新区世纪大道8号
上海国金中心二期31层
邮编 200120
42F Phase 2 Shanghai IFC, 8 Century Avenue
Pudong District, Shanghai, China 200120
电话:(021)-38969999
华安资产管理(香港)有限公司
Hua An Asset Management(HK) Ltd
地址:
香港湾仔港湾道18号中环广场47楼4702室
Unit 4702, 47/F, Central Plaza,
18 Harbour Road, Wanchai, Hong Kong
电话:
+852 3190 1000
EmaIl:
info@huaan.com.hk
本網站並未經香港證券及期貨事務監察委員會(證監會)審閱,並可能載有未經證監會認可的基金的資料。 版權 © 2023年 華安資產管理(香港)有限公司
版權所有刊發人:華安資產管理(香港)有限公司
This website has not been reviewed by the Securities and Futures Commission of Hong Kong (SFC) and may contain information of funds not authorized by the SFC.
Copyright © 2023 HuaAn Asset Management (Hong Kong) Limited. All rights reserved. Published: HuaAn Asset Management (Hong Kong) Limited