China Top Trumps – RMB fixed income
By Fund Selector Asia, 21 Mar 19
This week FSA presents a quick comparison of two RMB fixed income products: the HSBC RMB Bond Fund and the Ping An of China RMB 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.