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Hong Kong Equity Fund

Daily Change:
  • Scheme: Fidelity Retirement Master Trust
  • Fund type: Equity Fund
  • Risk/Return rating+: 5

Fund performance

Past 5 calendar years performance (%)

Past 5 calendar years performance (%)

Cumulative performance(%)

Cumulative performance(%)
YTD3 mths1 yr3 yrs5 yrs10 yrsSince Launch

Annualised performance(%)

Annualised performance(%)
YTD3 mths1 yr3 yrs5 yrs10 yrsSince Launch

Dollar cost averaging return*(%)

Dollar cost averaging return*(%)
YTD3 mths1 yr3 yrs5 yrs10 yrsSince Launch

As of 28/02/2019, based on latest unit NAV of most recent calendar month.

Investment objective

The constituent fund aims to focus investment into the equity market of Hong Kong, namely equities of companies listed in Hong Kong (including Greater China companies that are listed in Hong Kong) or companies which have a business connection with Hong Kong (including companies which are listed outside Hong Kong). Companies which have a business connection with Hong Kong include but are not limited to companies that are domiciled or incorporated in Hong Kong, to produce returns that are related to those achieved on the major stock market indices of Hong Kong, to have the flexibility to invest in bonds in a limited manner, and to accept a high level of return volatility in the short term.

About this fund
Fund details as of28 Feb 2019
Denominated currencyHKD
Launch date01 Dec 2000
Launch price10.00 HKD
Fund sizeHK$6,870.61 million
Fund descriptorEquity Fund - Hong Kong
PhoneXpress fund code8001
Fund manager
Fund manager
Raymond Ma
Manager start date
01 Jul 2017
Fund fees
Fund expense ratio1.55% (Year 2017)
Volatility measures
Risk indicator++

(3-year standard deviation)

Risk/Return rating+5

See other constituent fund(s) of the same fund type

Source: Fidelity/HSBC Institutional Trust Services (Asia) Ltd./Morningstar Asia Ltd., NAV to NAV, in HKD.

Change in NAV since last valuation date.


Risk/Return rating is defined using a 5-point risk/return scale as 1 = Lowest risk/return, 2 = Low risk/return, 3 = Medium risk/return, 4 = High risk/return, 5 = Highest risk/return. The risk/return profile for each Constituent Fund is created by FIL Investment Management (Hong Kong) Limited (“Fidelity”), based on its in house analysis, after consideration of the “Risk Factors” described in the Principal Brochure of Fidelity Retirement Master Trust, prevailing market, political, structural, economic and other conditions, and the anticipated asset allocation of each Constituent Fund. The risk/return ratings are provided by Fidelity to investor for reference only and may be subject to change according to regular review (at least once a year) by Fidelity depending on the market conditions without prior notice. Investor should always consider their individual risk and return profile.


The Performance and NAV charts are shown using daily unit NAV.


This is the return achieved through saving the same amount at the end of each month, comparing the total contributions with their current value and expressing the gain or loss as a percentage. Source: Mercer (Hong Kong) Limited.


Risk Indicator is measured by the annualised standard deviation of the fund’s monthly rates of return over the past 3 years to the reporting date of the fund factsheet. For constituent funds with less than 3 years of performance history, the risk indicator figure will not be available. Standard Deviation is a measure of the historical performance fluctuation of a mutual fund or portfolio, usually computed using 36 monthly returns. This is to measure how the monthly fund performance movements are away from the average performance. The greater the degree of dispersion, the greater the risk.