• Fidelity SaveEasy Funds are not savings deposits and involve investment risks. This product may not be suitable for everyone. Investors should also consider factors other than age and review their own investment objectives.
  • The MPF Conservative Fund under the Fidelity Retirement Master Trust does not guarantee the repayment of capital. The purchase of a Unit in the MPF Conservative Fund is not the same as placing funds on deposit with a bank or deposit-taking company.
  • You should consider your own risk tolerance level and financial circumstances before making any investment choices. When, in your selection of constituent funds, you are in doubt as to whether a certain constituent fund is suitable for you (including whether it is consistent with your investment objectives), you should seek financial and/or professional advice and choose the constituent fund(s) most suitable for you taking into account your circumstances.
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  • Investment involves risks. Past performance is not indicative of future performance.

Growth Fund

Daily Change:
  • Scheme: Fidelity Retirement Master Trust
  • Fund type: Mixed Assets 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 31/03/2017, based on latest unit NAV of most recent calendar month.

Investment objective

The Constituent Fund aims to build real wealth over the long term, to focus investment into the global equity markets, to have the flexibility to invest in global bonds, to manage the volatility of returns in the short term, and to maintain a broad geographic diversification with a bias towards Hong Kong.

About this fund
Fund details as of31 Mar 2017
Denominated currencyHKD
Launch date01 Dec 2000
Launch price10.00 HKD
Fund sizeHK$5,539.76 million
Fund descriptorMixed Assets Fund - Global with around 90% in equities and 10% in bonds and cash.
PhoneXpress fund code8003
Fund manager
Fund manager
Pek Ng
Manager start date
01 Oct 2003
Fund fees
Fund expense ratio1.54% (Year 2015)
Volatility measures
Risk indicator++

(3-year standard deviation)

Risk/Return rating+5

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 investing 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: Gadbury Group 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.