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.
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 |
The Fund 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. |
Lower |
| Hong Kong Money Market Portfolio |
The Fund aims to provide an investment medium for investors to enjoy the rates available from a managed portfolio of short term and high quality money market investments and seeks to offer returns in line with money market rates combined with a degree of security and ready availability of monies. |
Lower |
| US Dollar Money Portfolio |
The Fund aims to provide an investment medium for investors to enjoy the rates available from a managed portfolio of short term and high quality money market investments and seeks to offer returns in line with money market rates combined with a degree of security and ready availability of monies. |
Lower |
| Hong Kong Dollar Fixed Income Portfolio |
The Fund aims to provide capital growth and income over a three to five year period by investing in fixed and floating rate securities denominated in HKD. |
Lower |
| Global Fixed Income Portfolio |
The Fund aims to provide security of capital and a comparatively high income return. |
Medium |
| Capital Stable Portfolio |
The Fund’s investment objective is capital preservation combined with steady capital appreciation in HK dollars over the long term. The Fund will invest in fixed income securities, other asset classes, money market instruments and cash and in quoted equities in any part of the world directly or through investment in funds (including qualified exchange traded funds) investing in the foregoing investments. |
Medium |
| Stable Growth Portfolio |
The Fund's investment objective is capital appreciation in HK 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 |
| Balanced Investment Portfolio |
The Fund’s investment objective is capital growth in HK 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. |
Higher |
| Growth Portfolio |
The Fund will invest primarily in quoted equities on a global basis directly or through investment in funds (including qualified exchange traded funds) investing in quoted equities, with the investment objective of achieving long term capital growth in HK dollars. |
Higher |
| Global Equity Portfolio |
The Fund aims to provide capital growth in excess of the MSCI World (Net TR) index after fees have been deducted over a three to five year period by investing in equity and equity related securities of companies worldwide. |
Higher |
| Asian Portfolio |
The Fund aims to provide capital growth in excess of the MSCI AC Asia ex Japan (Net TR) index after fees have been deducted over a three to five year period by investing in equity and equity related securities of Asian companies (excluding Japan). |
Higher |
| Hong Kong Equity Portfolio |
The Fund aims to provide capital growth in excess of the FTSE Hong Kong (Net TR) index after fees have been deducted over a three to five year period by investing in equity and equity related securities of companies listed on the Hong Kong Stock Exchange. |
Higher |
1 Please refer to Appendix I to the Explanatory Memorandum for details of investment objectives and policies.
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.