KGI Diversified Growth Income Fund
KGI Diversified Growth Income Fund (the “Sub-Fund”) is a sub-fund of KGI Investment Fund Series OFC, which is a public umbrella open-ended fund company established under Hong Kong law with variable capital with limited liability and segregated liability between sub-funds.
Objectives
The investment objective of the Sub-Fund is to seek medium to long term growth of capital and income.
Strategy
The Sub-Fund pursues an actively managed multi-asset strategy. This is reflected in the Sub-Fund’s strategic asset allocation whereby the Manager sets target allocations to various asset classes that support the Sub-Fund in achieving its objective. The Manager utilises macroeconomic research to identify global investment themes and opportunities when determining the asset allocation. The Manager may adjust the strategic asset allocation to adapt to short-term market conditions and opportunities.
The Sub-Fund will invest at least 70% of its Net Asset Value directly and indirectly in global assets including equity and equity-related securities (including but not limited to stocks, preferred stocks and depository receipts) and debt securities. The Sub-Fund’s strategic allocation will change from time to time, and there is no set ratio on the allocation.
Important Information
Investment involves risks (including but not limited to general investment risk, asset allocation risk, risks associated with investing in equity and equity-related securities, risk associated with small-capitalisation / mid-capitalisation companies, risks associated with investing in debt securities, concentration risks, currency risks, risk of investing in convertible bonds, risk of investing in subordinated debts, risks of investing in other collective investment schemes, risks relating to investment in exchange-traded funds, risk of investing in real estate investment trust securities, risks associated with investment in financial derivative instruments, risks associated with investments in fixed income instruments with loss-absorption features). Investors may suffer substantial loss of their investments in the Sub-Fund.
Investors should not base on information contained in this website alone to make investment decision and should refer to the Sub-Fund’s offering documents, including the Explanatory Memorandum and the Product Key Facts Statement for further details including the risk factors. Where necessary, please seek professional advice.
Fund Overview
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Fund Name |
KGI Diversified Growth Income Fund |
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Base Currency |
US Dollars |
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Dealing Frequency |
Daily on each Dealing Day# |
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Manager |
KGI Asset Management Limited |
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Administrator |
Brown Brothers Harriman & Co. |
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Custodian |
Brown Brothers Harriman Trustee Services (Hong Kong) Limited |
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Share Class |
Class A USD Shares |
Class B USD Shares |
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ISIN Code |
HK0001222030 |
HK0001222048 |
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Minimum initial investment, minimum subsequent investment and minimum redemption amount |
USD1,000 |
USD1,000 |
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Subscription Fee^ |
Up to 3% |
Up to 3% |
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Switching Fee (i.e. conversion fee)^ |
Nil |
Nil |
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Redemption Fee^ |
Nil |
Nil |
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Management Fee^ |
1.50% p.a. of the Net Asset Value of the relevant Class |
1.50% p.a. of the Net Asset Value of the relevant Class |
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Performance Fee |
Nil |
Nil |
# Please refer to the Explanatory Memorandum for the definition of “Dealing Day”.
^ The current annual rate may be increased up to a permitted maximum amount as set out in the Explanatory Memorandum by giving not less than one month's prior notice to the investors.
NAV per Share
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Date |
Class A USD Shares |
Class B USD Shares |
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(Historical NAV:
)
Dealing Day
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For the period of |
Download |
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Distribution History
KGI Diversified Growth Income Fund - Class B USD Shares (Distributing):
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For the period of |
Currency |
Dividend per share |
Paid out from net distributable income* |
Paid out from capital |
Ex-dividend date |
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Remarks: The Sub-Fund has not distributed any dividend since inception.
* “Net distributable income” is defined as net investment income (i.e., dividend income and interest income net of fees and expenses) attributable to the relevant share class and may also include net realized gains (if any), but excluding net unrealized gains based on unaudited management accounts.
Warning: The Manager may, at its discretion, pay dividend out of the capital of the Sub-Fund or pay dividend out of gross income while charging/paying all or part of the Sub-Fund’s fees and expenses to/out of the capital of the Sub-Fund, resulting in an increase in distributable income for the payment of dividends by the Sub-Fund, and therefore, the Sub-Fund may effectively pay dividend out of capital. Payment of dividends out of capital 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. Such distributions will result in an immediate reduction in the net asset value per share of the Sub-Fund.
Dividend paid or payable are not in any way a forecast or projection of the future or likely performance of the Sub-Fund or dividend payments. The making of such payment should not be taken to imply that future dividend payments will be made. Investment involves risks. The past performance is not indicative of future performance. The Manager has discretion as to whether or not to make any distribution of dividends, the frequency of distribution and amount of dividends. Please note that a positive distribution yield does not imply a positive return. Investors should not make any investment decision solely based on information contained in the table above. You should read the Sub-Fund’s offering document, including the Explanatory Memorandum and the Product Key Facts Statement for further details including the risk factors.
Download
Disclaimer
The information contained in this website is published to the best of the knowledge and belief of KGI Asset Management Limited (“KGIAM”). However, no representation or warranty, expressed or implied, is made by KGIAM as to the accuracy or completeness of the information contained in this website. KGIAM will not be liable for any claims, damages, losses or costs arising out of or in any way connected with the use of information provided herein.
This website is intended for Hong Kong SAR residents only. Before using this website, non-Hong Kong residents are responsible for observing all applicable laws and regulations of their relevant jurisdictions before accessing the information contained herein. The data on this website is for general information purposes only and should not be regarded as a sale offer, order solicitation or any investment advice.
None of the information contained herein constitutes a distribution, an offer to sell or an invitation to invest in any of the unit trusts or mutual funds. Nor does it constitute any investment advice or recommendation with respect to any securities. Investment in our funds may not be suitable for all investors. If you are unclear about any of the information in this website, you should consult your stockbroker, bank manager, accountant, solicitor or other independent financial advisor as appropriate.
Investment involves risks. Investors should be aware that investment in our Sub-Fund is subject to normal market fluctuations and other risks inherent in the underlying assets into which the Sub-Fund may invest. There can be no assurance that any appreciation in value of investments will occur. There is no assurance that the investment objectives of the Sub-Fund will actually be achieved, notwithstanding the efforts of the fund manager since changes in political, financial, economic, social and/or legal conditions are not within the control of the fund manager. Accordingly, there is a risk that investors may not recoup the original amount invested in the Sub-Fund or may lose a substantial part or all of their initial investment. Before making any investment decision, investors should refer to the Sub-Fund’s offering documents, including the Explanatory Memorandum and the Product Key Facts Statement for details including the risk factors and obtain appropriate professional advice where necessary. Past performance information is not indicative of future performance. Your investment in the Sub-Fund may suffer losses. There is no guarantee of the repayment of principal.
The Sub-Fund mentioned herein have been authorized by the Securities and Futures Commission in Hong Kong (“SFC”) (except those specifically referred to as Sub-fund without authorization by the SFC). However, SFC authorization is not a recommendation or endorsement of the Sub-Fund nor does it guarantee the commercial merits of the Sub-Fund or its performance. It does not mean the Sub-Fund is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.
The information contained in this website provided herein was prepared by KGIAM and has not been reviewed by the SFC.