Eastspring Investments - China Bond Fund - A

USD 10.418
NAV as of 30 Apr 2021
$0.02
Daily $ Change
0.16 %
Daily % Change

Morningstar rating*: No rating

target

Fund objective

The Fund seeks to maximise total return by investing at least 70% of its net assets in fixed income / debt securities denominated in Renminbi (offshore Renminbi (CNH) or onshore Renminbi (CNY)) . The Fund may also invest in non-Renminbi denominated securities. Investments in Chinese onshore debt securities will be through the China interbank bond market direct access program (the “CIBM Direct Access Program”), QFII/RQFII and/or China Hong Kong Bond Connect (“Bond Connect”).

This Fund may invest up to 20% of its net assets in ABS, MBS, Contingent Convertible Bonds (“CoCos”), Distressed Securities and Defaulted Securities, with a limit of 10% for Distressed Securities and Defaulted Securities combined. In addition, this Fund may invest up to 10% of its net assets in synthetic fixed income instruments (including credit-linked notes). It may also hold up to 10% of its net assets in equity securities to the extent that such securities result from the conversion or exchange of a preferred stock or debt obligation.

Fund facts

Asset class Bond
Class A
Subscription method Cash
ISIN code LU2254195311
Minimum initial investment USD 1000
Minimum subsequent investment USD 100
Inception date 24 Nov 2020
Base currency USD
Initial sales charge Max 3%
Annual management fees 0.80%
Benchmark index Markit iBoxx ALBI China Onshore Bond Index
Morningstar rating* No rating

Footnote :
* Rating should not be taken as a recommendation. © Morningstar. All rights reserved.