Barings Global Balanced Fund
as of 05/11/2021
|Umbrella||Barings International Umbrella Fund|
Share Class Info
|Share Class||Class A USD Inc|
|Accumulating / Distributing||Income|
|Share Class Inception Date||05/07/2007|
The Barings Asia Balanced Fund (RIAIF) was closed on 5 November 2021 and its assets merged in to Barings Global Balanced Fund (UCITS) within the Barings International Umbrella Fund. The fund’s track record has been continued.
The investment objective of the Barings Global Balanced Fund (the “Fund”) is to achieve long-term capital growth by investing in a diversified range of international equities and debt securities, generally with a focus on Asian equities. Investments may also be made in cash and in money market instruments where considered appropriate in light of market conditions
The Fund is invested in the international equity and fixed-interest markets, with a significant bias towards the Asia Pacific equity markets. Investments are made using both a “top-down” and a “bottom-up” investment approach. Asset allocation and thematic investing are based on a disciplined top-down research process. Stock selection is based on the individual merits of a specific company, rather than taking a stance on the outcome of a sector of the market or macroeconomic trends such as interest rate rises.
Who Should Invest
The Fund is designed for all investors seeking a strategy that targets long-term return through a global balanced portfolio with an Asian focus.
The Fund is primarily invested in global equities and bonds, with a focus on Asian equities. As such, the Fund is exposed to higher than normal volatility, compared to a standard global balanced fund. This is based on the fact that Asian share prices tend to be more volatile than their developed market counterparts. In order to reduce the volatility in the portfolio, the Fund has also invested in fixed-interest investments. Bonds are generally considered to be safer than equities. However, their value can be significantly reduced by interest rate movement. When interest rates go up, bond values generally go down, and vice versa. Returns from overseas bond and equity markets can also be subject to fluctuations in exchange rates, which can have the effect of eroding or enhancing the value of investment returns for investors. Moreover, the Investment Manager regularly runs several risk reports, with the objective of assessing the implied risks taken in the portfolio, the result of which will lead the Investment Manager either to increase or reduce risk in the portfolio. Though we seek to achieve a long-term annualised real rate of return in excess of 2% per annum above Hong Kong wage inflation (when measured in Hong Kong dollar terms), this is not guaranteed.