The Bosera Greater China Bond Fund (the “Sub-Fund”)
is a sub-fund of Bosera Investment Funds which is a unit trust
established by a trust deed (the “Trust Deed”) dated 5 January 2012 as
an umbrella fund under the laws of Hong Kong.
Investment in the Sub-Fund is subject to normal market fluctuations
and other risks inherent in the Sub-Fund’s assets and therefore your
investment in the Sub-Fund may suffer losses. There is no guarantee of
the repayment of principal.
The concentration of investments in debt securities from the Greater
China markets may subject the Sub-Fund to greater volatility than
portfolios which comprise broad-based global investments. The value of
the Sub-Fund may be more susceptible to adverse economic, political,
policy, foreign exchange, liquidity, tax, legal or regulatory event
affecting the Greater China markets.
The currency exposure of the Sub-Fund’s investments is often
different from the base currency of the Sub-Fund (USD), which gives rise
to foreign currency risks. Also, a class of units may be designated in a
currency other than the base currency of the Sub-Fund. The performance
of the Sub-Fund may be adversely affected by unfavourable movements in
the exchange rate between USD and the currencies in which the assets of
the Sub-Fund are held and by changes in exchange rate controls.
The Sub-Fund is subject to risks pertaining to fixed-income
instruments, including interest rate risk, credit risk, volatility and
liquidity risk, credit rating risk and risk of credit rating downgrades,
valuation risk, risk of investing in debt securities which are rated
below investment grade or are unrated, sovereign debt risk, risk of
investing in convertible bonds, risk associated with investment in
contingent convertible bonds, and “dim Sum” bond market risk.
The Sub-Fund may use financial derivative instruments for
investment, hedging, risk management, and efficient portfolio management
purpose. The use of such derivatives exposes the Sub-Fund to additional
risks. The leverage element/component of an FDI can result in a loss
significantly greater than the amount invested in the derivative by the
Sub-Fund. Moreover, the use of financial derivative instruments for
hedging may become ineffective, and the Sub-Fund may suffer substantial
loss. Exposure to derivatives may lead to a high risk of significant
loss by the Sub-Fund.
Investment involves risk. Past performance is not indicative of
future performance. Investor should not make any investment decision
solely based on the information provided on this material. Investors
should refer to the Explanatory Memorandum and the Key Facts Statement
of the Sub-Fund for further details, including the product features and
risk factors before making any investment decisions.
Class A USD and Class A USD - MDis: USD1,000 Class A RMB and Class A RMB Hedged: RMB10,000 Class A HKD and Class A HKD - MDis: HKD10,000 Class I USD: USD100,000 Class I RMB and Class I RMB Hedged: RMB1,000,000 Class I HKD: HKD1,000,000
Min. additional investment
Class A USD and Class A USD - MDis: USD1,000 Class A RMB and Class A RMB Hedged: RMB10,000 Class A HKD and Class A HKD - MDis: HKD10,000 Class I USD: USD100,000 Class I RMB and Class I RMB Hedged: RMB1,000,000 Class I HKD: HKD1,000,000
Distribution Policy^
Class A (except for Class A USD – MDis & Class A HKD – MDis) & Class I: discretionary, if any. Class A USD – MDis & Class A HKD – MDis: dividends will be distributed on a monthly basis subject to the Manager’s discretion.
Fund Objective
The Sub-Fund aims to achieve income and capital appreciation through primarily investing in Greater China fixed income securities.
SHARE CLASS DETAIL
Type
ISIN
Bloomberg Ticker
Class A USD
Distribution
HK0000414901
BOSRGAU
Class A USD-MDis
Monthly Distribution
HK0000802493
BOGCBAM
Class A HKD
Distribution
HK0000435088
BOSRGAH
Class A HKD-MDis
Monthly Distribution
HK0000802485
BOGCBHK
Class A RMB
Distribution
HK0000414919
BOSRGAR
Class A RMB Hedged
Distribution
HK0000414927
BOSRARH
Class I USD
Distribution
HK0000414935
BOSRGIU
Class I HKD
Distribution
HK0000435096
BOSRGIH
Class I RMB
Distribution
HK0000414943
BOSRGIR
Class I RMB Hedged
Distribution
HK0000414950
BOSRIRH
Type
Class A USD
Distribution
Class A USD-MDis
Monthly Distribution
Class A HKD
Distribution
Class A HKD-MDis
Monthly Distribution
Class A RMB
Distribution
Class A RMB Hedged
Distribution
Class I USD
Distribution
Class I HKD
Distribution
Class I RMB
Distribution
Class I RMB Hedged
Distribution
^ The Manager has discretion as to whether or not the Sub-Fund will make
any distribution of dividends, the frequency of distribution and amount
of dividends. There is no guarantee of regular distribution nor, where
distribution is made, the amount being distributed. Dividends (if any)
may be paid out of capital or effectively out of capital and may
immediately reduce the Sub-Fund’s Net Asset Value per unit of the
Sub-Fund.
CUMULATIVE PERFORMANCE % (IN DENOMINATED CURRENCY)As of 31/08/2024
SHARECLASS
YTD
3 MONTHS
1 YEAR
3 YEARS
5 YEARS
SINCE INCEPTION
Class A HKD
2.25
2.25
5.45
-8.34
1.16
4.40
Class I HKD
3.04
2.59
6.65
-5.19
6.74
18.70
Class A USD
2.32
2.53
5.96
-8.57
1.40
1.40
Class I USD
3.09
2.83
7.14
-5.36
7.33
20.10
Class I RMB
2.64
0.32
3.67
3.53
23.90
55.50
Class I RMB Hedged
1.30
2.53
5.41
-9.14
-
1.40
SHARECLASS
YTD
Class A HKD
2.25
Class I HKD
3.04
Class A USD
2.32
Class I USD
3.09
Class I RMB
2.64
Class I RMB Hedged
1.30
Cumulative performance is calculated since the inception date on 10 May 2018.
ANNUAL PERFORMANCE % (IN DENOMINATED CURRENCY)As of 31/08/2024
SHARECLASS
2024
2023
2022
2021
2020
2019
Class A HKD
2.25
3.65
-9.38
-4.57
8.06
4.98
Class I HKD
3.04
4.82
-8.34
-3.38
8.96
13.79
Class A USD
2.32
3.44
-9.37
-5.03
8.48
2.60
Class I USD
3.09
4.67
-8.32
-4.03
9.52
14.36
Class I RMB
2.64
6.17
0.42
10.16
1.98
16.16
Class I RMB Hedged
1.30
0.81
-8.06
-1.28
9.40
SHARECLASS
2024
Class A HKD
2.25
Class I HKD
3.04
Class A USD
2.32
Class I USD
3.09
Class I RMB
2.64
Class I RMB Hedged
1.30
^ Calendar year performance of 2018 is calculated since the inception date on 10 May 2018. The computation basis of the performance is based on NAV-To-NAV, with dividend (if any) reinvested.
Source: Bosera Asset Management (International) Co., Limited. Past performance information is not indicative of future performance. Investors may not get back the full amount invested.
PORTFOLIO
SECTOR ALLOCATION
TOP 5 HOLDINGSAs of 31/08/2024
T 4 1/8 08/15/53
BNKEA 6 3/4 03/15/27
POSEDF 0 02/01/25
CNSHAN 6 1/2 PERP
CCAMCL 5 3/4 05/28/29
DISTRIBUTION
DISTRIBUTION HISTORY
Share Class
RECORD DATE
EX-DIVIDEND DATE
PAYABLE DATE
DISTRIBUTION PER SHARE
DIVIDEND PAID OUT OF NET DISTRIBUTABLE INCOME
DIVIDEND PAID OUT OF CAPITAL
No Data
Share Class
RECORD DATE
No Data
# Positive distribution does not imply positive
return. Dividend is not guaranteed. Dividend may be paid out of capital,
subject to the fund manager’s discretion. Payment of dividends from
capital may result in a decrease in the net asset value.