Hong Kong, August 2024 — Amundi Hong Kong Limited (“Amundi”) has officially launched the Amundi Asia Funds – All Weather Income Fund (the “All Weather Income Fund” or the “Fund”), making it available to retail investors in Hong Kong. The Fund, advised by DBS Bank Ltd. (“DBS”) and managed by Amundi, seeks to offer a blend of regular income and capital appreciation over the medium to long term.
Fund Overview
The All Weather Income Fund is a fund of funds strategy that primarily invests in global fixed income funds. It leverages the expertise of DBS and Amundi to provide investors with a stable income while navigating through various market cycles.
Key Features:
Regular Income: The Fund is structured to generate steady income through its investments in global fixed income assets.
Diversification: It offers exposure to a broad portfolio of global fixed income assets. Over 60% of the portfolio holdings are rated investment grade by Standard & Poor’s or equivalent.
Expert Management: The Fund combines DBS’s in-house selection expertise with its Chief Investment Office macro views, managed by Amundi. This dual expertise ensures a well-rounded approach to managing the Fund’s investments.
Strategic Partnership
The Fund represents a significant collaboration between Amundi, a top European asset manager, and DBS, a leading financial services group in Asia. This partnership aims to provide investors with a robust and reliable investment option amidst a backdrop of geopolitical tensions and economic uncertainties.
Eddy Wong, Chief Executive Officer of Asia at Amundi, commented, “Amundi views partnership as an efficient way to bring excellence to investors. We are committed to providing diverse and sustainable investment solutions to assist our clients. We are pleased to collaborate with DBS to offer the All Weather Income Fund in Hong Kong, following its successful launch in Singapore.”
Belinda Hsieh, Head of Treasures Investment Products and Advisory, Consumer Banking Group & Wealth Management at DBS Bank (Hong Kong) Limited, added, “With anticipated interest rate cuts and positive shifts in investment sentiment, our commitment to market-leading investment solutions remains unwavering. The All Weather Income Fund, developed in close partnership with Amundi, offers a robust fixed income solution. By leveraging the combined expertise of our in-house CIO team and Amundi, the portfolio captures opportunities in the fixed income market. This Fund provides wealth and retail investors with a dynamic and diversified combination of expertly selected funds and ETFs, offering professionally managed access to global fixed income.”
Investment Strategy and Benefits
1. Regular Income:
The Fund’s global fixed income approach is designed to provide investors with consistent income through interest payments from a diversified selection of bonds and fixed income securities.
2. Diversification:
By investing in a global portfolio of fixed income assets, the Fund aims to reduce risk through geographical and sectoral diversification. This strategy helps mitigate the impact of market volatility on the overall portfolio.
3. Expert Management:
The collaboration between DBS and Amundi ensures that the Fund benefits from comprehensive market insights and sophisticated investment strategies. The combined expertise is crucial for optimizing investor returns and navigating complex market conditions.
4. Long-Term Growth:
In addition to providing regular income, the Fund also aims for capital appreciation over the medium to long term, making it a suitable option for investors seeking both income and growth.
The All Weather Income Fund is designed to be a core holding in diversified long-term portfolios, offering investors a stable income stream and potential for capital appreciation through professional management and strategic asset allocation.
Investors in Hong Kong can now access this new fund, which brings together the strengths of two leading financial institutions to deliver a compelling fixed income solution.
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