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The objective of the International Equity Fund is to provide members with long term capital appreciation by investing solely in “Fidelity Global Investment Fund – Global Equity Fund” an underlying APIF which, in turn (through its investment in other APIFs managed by FIMHK) invests mainly into global equity markets. The underlying APIF will normally invest 98% of its net assets in equities and 2% in cash, although actual portfolios may vary as market, political, structural, economic and other conditions change. The underlying APIF may engage in securities lending. Futures and options will be used for hedging purposes only. The underlying APIF will maintain an effective currency exposure to Hong Kong dollars of not less than 30%. It is expected that the International Equity Fund will achieve a long term return which follows the trend of major world stock markets. (Note: short term performance of the fund may be higher or lower than the long term expected return.)
Name | Title | Since | Until |
---|---|---|---|
Not Disclosed | - | 2008 | 2018 |
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