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 Risk Profile
Schroder Capital Stable Fund To preserve capital combined with steady capital appreciation in Hong Kong dollars over the long term. Medium
Schroder Stable Growth Fund To achieve capital appreciation in Hong Kong dollars through investing in quoted equities and fixed income securities, other asset classes and money market instruments and cash in any part of the world directly or through investment in funds (including qualified exchange traded funds) investing in the foregoing investments. Medium
Schroder Balanced Investment Fund To achieve capital growth in Hong Kong dollars through investment in quoted equities and fixed income securities, other asset classes and money market instruments and cash in any part of the world directly or through investment in funds (including qualified exchange traded funds) investing in the foregoing investments. High
Schroder Growth Fund To achieve long term capital growth in Hong Kong dollars. 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. 

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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
  • Aims to preserve capital and generate a stable return so as to ensure a guaranteed minimum return of not less than 0% per annum before deducting expenses.2 
  • Invests solely in an insurance policy provided and guaranteed by Sun Life Hong Kong Limited.3
 Lower
Hong Kong Money Market Portfolio
  • Aims to provide an investment medium for the smaller investor to enjoy the higher rates available from a managed portfolio of short term money market investments.
 Lower
US Dollar Money Portfolio
  • Aims to provide an investment medium for the smaller investor to enjoy the higher rates available from a managed portfolio of US Dollar denominated short term money market investments.
 Lower
Hong Kong Dollar Fixed Income Portfolio
  • Aims to provide a return of capital growth and income primarily through investment in a portfolio of bonds and other fixed and floating rate securities denominated in HK Dollar and issued by governments, government agencies, super-national and corporate issuers worldwide.
 Lower
Global Fixed Income Portfolio
  • Aims to provide a return of capital growth and income primarily through investment in a portfolio of bonds and other fixed and floating rate securities denominated in various currencies issued by governments, government agencies, supra-national and corporate issuers worldwide.
 Medium
Capital Stable Portfolio
  • Aims to preserve capital combined with steady capital appreciation in HK dollars over the long term. The Portfolio will invest in funds investing in fixed interest securities, government bonds, cash deposits and in quoted equities in any part of the world.
 Medium
Stable Growth Portfolio
  • Aims to provide capital appreciation in HK dollars through investment in funds investing in quoted equities and fixed interest securities, government bonds and cash deposits in any part of the world.
 Medium
Balanced Investment Portfolio
  • Aims to provide capital growth in HK dollars through investment in funds investing in quoted equities and fixed interest securities, government bonds and cash deposits in any part of the world.
 Higher
Growth Portfolio
  • To invest primarily funds investing in quoted equities on a global basis with the investment objective of achieving long term capital growth in HK dollars. The Portfolio may also invest in funds investing in fixed interest securities, government bonds and cash deposits in any part of the world.
 Higher
Global Equity Portfolio
  • Aims to provide capital growth primarily through investment in equity securities of companies worldwide. The investment manager of the Portfolio will invest in a select portfolio of securities, which it believes offer the best potential for future growth.
 Higher
Asian Portfolio
  • Aims to provide capital growth primarily through investment in equity securities of Asian (ex Japan) companies.
 Higher
Hong Kong Equity Portfolio
  • Aims to provide capital growth primarily through investment in equity securities of Hong Kong SAR companies.
 Higher

1 Please refer to Appendix I to the Explanatory Memorandum for details of investment objectives and policies.
2 The guarantee period of the insurance policy, currently invested into by the Capital Guaranteed Portfolio, has been extended for another three years until 31 March 2024. All other terms and provisions of the insurance policy will remain unchanged. 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 Sun Life Hong Kong Limited.

 

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.