ORSO Funds
The ORSO lifecycle funds offer you a choice of four investment options ranging across the risk and reward spectrum. You can choose the fund that is most suitable to your investment objective.
Fund Options At-a-glance
The following funds (Schroder Capital Stable Fund, Schroder Stable Growth Fund, Schroder Balanced Investment Fund and Schroder Growth Fund) are either fund of funds or feeder funds and as such, may have significant exposure in financial derivatives instruments ("FDI") which can be highly volatile and expose investors to a high risk of loss. Risks associated with the use of FDI include counterparty risk, credit risk and liquidity risk.
Portfolio Name | Investment Objective | Investor profile | Risk Profile |
Schroder Capital Stable Fund | To preserve capital combined with steady capital appreciation in Hong Kong dollars over the long term. | Those in the middle of their working lives who wish to participate in the growth of international equities, but want the volatility to be reduced by a higher level of bonds and cash. | Medium |
Schroder Stable Growth Fund | To achieve capital appreciation in Hong Kong dollars through investing in quoted equities and fixed interest securities, government bonds and cash deposits. | Those in the middle of their working lives who wish to participate in the growth of international equities, but want the volatility to be reduced by a higher level of bonds and cash. | Medium |
Schroder Balanced Investment Fund | To achieve capital growth in Hong Kong dollars through investment in quoted equities and fixed interest securities, government bonds and cash deposits. | Those at the beginning of their careers. Returns are likely to be high in the long term, with equities (and Asian equities in particular) reflecting the rapid growth in both corporate earnings and the Asian economies. In the short term, however, these markets can be volatile, with returns fluctuating from year to year. | High |
Schroder Growth Fund | To achieve long term capital growth in Hong Kong dollars. | Those at the beginning of their careers. Returns are likely to be high in the long term, with equities (and Asian equities in particular) reflecting the rapid growth in both corporate earnings and the Asian economies. In the short term, however, these markets can be volatile, with returns fluctuating from year to year. | High |
Risk and Return Spectrum
Generally speaking, the higher the equity content of the portfolio, the higher the investment risk associated with it and the higher the potential return in the long term.
Note: The level of investment return is for illustrative purpose only and does not represent the actual return.
Portfolio At-a-glance
The Schroder Provident Plan offers you a choice of 12 investment options ( the “Portfolio”) ranging across the risk and reward spectrum. You can invest in different Portfolios according to your investment objectives and needs.
Five of the portfolios, namely Global Fixed Income Portfolio, Capital Stable Portfolio, Stable Growth Portfolio, Balanced Investment Portfolio and Growth Portfolio may have significant exposure in financial derivatives instruments ("FDI") in the underlying investment funds which can be highly volatile and expose investors to a high risk of loss. Risks associated with the use of FDI include counterparty risk, credit risk, liquidity risk and valuation risk.
Portfolio Name | Portfolio Highlights1 | Risk/Potential Return Profile** |
Capital Guaranteed Portfolio |
|
Lower |
Hong Kong Money Market Portfolio |
|
Lower |
US Dollar Money Portfolio |
|
Lower |
Hong Kong Dollar Fixed Income Portfolio |
|
Lower |
Global Fixed Income Portfolio |
|
Medium |
Capital Stable Portfolio |
|
Medium |
Stable Growth Portfolio |
|
Medium |
Balanced Investment Portfolio |
|
Higher |
Growth Portfolio |
|
Higher |
Global Equity Portfolio |
|
Higher |
Asian Portfolio |
|
Higher |
Hong Kong Equity Portfolio |
|
Higher |
1 Please refer to Appendix I to the Explanatory Memorandum for details of investment objectives and policies.
2 The guarantee shall remain unchanged until the expiry of 20 years from the date of 1st April 2000 or the earlier termination of the insurance policy or cessation of the application of the insurance policy to the Capital Guaranteed Portfolio. Please refer to the section 8 and Appendix II to the Explanatory Memorandum of the Schroder Provident Plan for details of the credit risk, guaranteed features and guarantee conditions.
3 The investment in the Portfolio is subject to the credit risk of FWD.
Risk and Return Spectrum
Generally speaking, the higher the equity content of the portfolio, the higher investment risk associated with it and the higher the potential return in the long term. The investment risk and return profiles illustrated below are to help you match the investment options to your personal risk profile.
**Risk/Potential Return Profile is determined by Schroder Investment Management (Hong Kong) Limited based on a number of factors relating to the underlying investments, including the exposure of equities, breadth and geographical diversification. The Risk/ Potential Return Profile for each Portfolio is provided for reference only. It does not represent the actual return and is not indicative of future performance. Investors should consider their own circumstances, including, without limitation, their own risk tolerance level, financial circumstances and investment objectives, before making any investment decisions. If you are in any doubt, you should seek independent professional financial advice.
Risk/Potential Return Profile will be reviewed and, if appropriate, revised at least yearly by Schroder Investment Management (Hong Kong) Limited taking into account the prevailing market circumstances.
Please refer to the explanatory memorandum/ prospectus of the investment funds which the Portfolios invest in for further details of investment risks applicable to the Portfolios.