China Top Trumps – Hong Kong fixed income
By Fund Selector Asia, 30 May 19
This week FSA presents a quick comparison of two Hong Kong bond products: the Fidelity Global Investment Hong Kong Bond Fund and the Principal Hong Kong 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.