China Top Trumps – Hong Kong Dollar Fixed Income
By Fund Selector Asia, 25 Apr 19
This week FSA presents a quick comparison of two Hong Kong dollar fixed income products: the Allianz HKD Income Fund and the JP Morgan SAR Hong Kong Dollar Bond Fund.
All relevant fund data converted to US dollars for comparative purposes.
Performance, alpha and volatility are annualised over three years with data as reported at the end of last month.
Information ratio aims to measure a portfolio manager’s consistent ability to generate excess returns relative to a benchmark. The higher the IR, the more consistent the manager is.