收息寶

投資者在投資前應仔細考慮基⾦的投資⽬標、風險、費⽤和開⽀。這些信息以及其他相關內容均包含在基⾦的招股說明書中。請在投資或匯款之前仔細閱讀基招股說明書。過往表現並不保證未來結果，也無法可靠預測未來回報，且無法保證未來是否能達到類似回報。

Estimated Yield to Maturity (YTM) of a bond is the total return that an investor stands to receive if all scheduled payments are made on time and the bond is held until maturity. Estimated YTM of the portfolio is the weighted average of the YTM of the bonds held in the constituent funds in the portfolio. Estimated YTM is reported gross of fees, the deduction of which will reduce the yield. It does not represent the portfolio's return. For instruments such as SSBs, T-Bills and FDs, the yields are fixed at the onset and represent the total return if held to maturity.

收息寶投資組合的目標是在當前市場環境下實現每月目標派息範圍。收息寶無法保證每月目標派息，並受市場因素影響。過去的派息不一定代表未來，並有機會調低。每月正數派息或分配收益率並不意味著正的回報。

Duration is a measure of the sensitivity of the price of a bond to a change in interest rates. Generally, the higher a bond’s duration, the more its value will fall as interest rates rise, because when rates go up, bond values fall and vice versa. Duration of the portfolio is the weighted average of the duration of the individual bonds held in the constituent funds of the portfolio.

Credit quality gives a snapshot of the portfolio's overall credit quality. It is an average of each bond's credit rating held in the constituent funds, adjusted for its relative weighting in the portfolio.

Beta系數相對MSCI全球指數反映投資組合回報波幅與大市的關係。Beta系數是量度風險的指標，讓投資者估算投資組合對大市風險的敏感度。以Beta系數低於一為例，Beta系數越低，與大市的關連度較低，風險亦相對較低，相反Beta系數越高，風險亦相對較高。