The fund aims to provide investors with regular income, capital appreciation and diversified exposure to the Hong Kong market.
As part of a new initiative, FSA is talking to market participants about key trends that shape fund selection. This week, Bryan Cheung at Morningstar discusses the role of multi-asset income funds within a portfolio.
Too often income funds reach into capital to pay high distributions, according to Morningstar.
The fund also aims to provide an income of 3-5% per annum.
Schroders, Allianz GI, Aviva Investors and Fullerton Fund Management have also launched income products in the Lion City.
At least seven mixed-asset products have been launched in the Lion City since 2019.
FSA compares two European income products: the Blackrock European Equity Income Fund and the Invesco Pan European Equity Income Fund.