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E FUND (HK) US Treasury 7-10 Year Index Fund
Important Notes Fund Information Portfolio Allocation Performance Distribution History Announcements Notices Documents Distributors
Investment Objective and Strategy
Objective

The investment objective of the Sub-Fund is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the Bloomberg US Treasury 7-10 Year Index (the “Index”).
There can be no assurance that the Sub-Fund will achieve its investment objective.
Strategy

In order to achieve the investment objective of the Sub-Fund, the Manager will adopt a representative sampling strategy by investing in a representative sample of investment grade USD-denominated, fixed-rate debt securities issued by the Department of the Treasury of the United States (the “US Treasury”) ( “US Treasury Debts”) that collectively reflects the investment characteristics and features a high correlation with the Index.

The Sub-Fund may or may not hold all of the US Treasury Debts that are included in the Index, and may hold US Treasury Debts which are not included in the Index under extreme market conditions, provided that these securities collectively feature a high correlation with the Index. The Sub-Fund may invest at least 70% and up to 100% of its NAV in US Treasury Debts which are included in the Index.

In compliance with Chapters 7.4 and 7.5 of the Code, not more than 30% of the NAV of the Sub-Fund may be invested in Government and other Public Securities (as defined in the Explanatory Memorandum) of the same issue and, subject to the foregoing, the Sub-Fund may fully invest in Government and other Public Securities in at least six different issues.

The Sub-Fund may also invest in money market funds which are authorised under Chapter 8.2 of the Code or eligible schemes under Chapter 7.11A of the Code and in cash deposits for cash management purposes although such investments are not anticipated to exceed 5% of the NAV of the Sub-Fund.

The Sub-Fund may conduct securities lending transactions, sale and repurchase transactions and/or reverse repurchase transactions in aggregate for up to 50% of its NAV.

The Sub-Fund may also utilise financial derivative instruments (including structured products such as currency futures and forwards, or instruments) for hedging or non-hedging (i.e. investment) purposes to the extent permitted by Chapter 7 of the Code and subject to the net derivative exposure of the Sub-Fund as set out herein.

The investment strategy of the Sub-Fund is subject to the investment and borrowing restrictions set out in the Explanatory Memorandum.
Index

The Index measures the performance of US Treasury Debts with remaining years to maturity of at least 7 years but less than 10 years.

The Index is a total return index, i.e. the performance of the Index is calculated on the basis that any coupons or principal distributions are reinvested at the next rebalance date of the index. The Index is market capitalisation weighted index, whereby the weights of Index constituents are based on their market capitalisations. The Index is denominated and quoted in USD.

The Index is compiled and published by Bloomberg Index Services Limited (the "Index Provider"). The Manager (and each of its Connected Persons) are independent of the Index Provider.

The Index was launched in May 1997 and had a base level of 113.89 on 31 March 1993. As of 28 March 2024, the Index had a total market capitalisation of approximately USD1.12 trillion and 12 constituents.

The constituents of the Index together with their respective weightings and additional information of the Index are published at the website of the Index Provider at https://www.bloomberg.com/professional/product/indices/bloomberg-fixed-income-indices/#/ucits (this website has not been reviewed by the SFC).

Bloomberg Code: LT09TRUU
Fund Information
HKD
USD
Class A (Acc) HKD
Class A (Acc) USD
Class I (Acc) USD
Manager
Inception Date
Base Currency
Management Fee (p.a.) *
(% Net Asset Value of the Sub-Fund per annum)
Subscription Fee
Switching Fee
Performance Fee
Trustee Fee
Redemption Fee
Dealing & Trading Frequency
Current NAV ()
as of 24 Jul,2025
Trustee
Historical NAV
ISIN
Bloomberg Ticker
*Please note that these fees may be increased up to a permitted maximum on giving 1 month’s notice to unitholders. Please refer to the section of the prospectus entitled “Fees and Expenses” for further details of the fees and charges payable.
Disclaimer

E Fund Disclaimer
1.E Fund Management (Hong Kong) Co., Limited is the issuer of this report. This report is neither an offer nor solicitation to purchase units of the fund; applications for units may only be made on forms of application available with the Explanatory Memorandum. Investments are subject to investment risks, fund value may go up as well as down and past performance is not indicative of future performance. Investors should read carefully the Explanatory Memorandum (including the section “Risk Factors”) for the relevant risks associated with the investment in the fund before investing.

2.Distribution of this report may be restricted in certain jurisdictions. This report does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a report or make such an offer or solicitation. This report is exempted from pre-vetting and authorization by the Securities and Futures Commission of Hong Kong and has not been reviewed by the Securities and Futures Commission of Hong Kong.

3.SFC authorization is not a recommendation or endorsement of a scheme nor does it guarantee the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.

4.Copyright© 2024. E Fund Management (Hong Kong) Co., Limited. All rights reserved.

Index Provider Disclaimer
“Bloomberg®” and Bloomberg US Treasury 7-10 Year Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the Index (collectively, “Bloomberg”), and have been licensed for use for certain purposes by E Fund Management (Hong Kong) Co., Limited.

The Sub-Fund is not sponsored, endorsed, sold or promoted by Bloomberg. Bloomberg does not make any representation or warranty, express or implied, to the owners of or counterparties to the Sub-Fund or any member of the public regarding the advisability of investing in securities generally or in the Sub-Fund particularly. The only relationship of Bloomberg to E Fund Management (Hong Kong) Co., Limited is the licensing of certain trademarks, trade names and service marks and of the Bloomberg US Treasury 7-10 Year Index, which is determined, composed and calculated by BISL without regard to E Fund Management (Hong Kong) Co., Limited or the Sub-Fund. Bloomberg has no obligation to take the needs of E Fund Management (Hong Kong) Co., Limited or the owners of the Sub-Fund into consideration in determining, composing or calculating the Bloomberg US Treasury 7-10 Year Index. Bloomberg is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the Sub-Fund to be issued. Bloomberg shall not have any obligation or liability, including, without limitation, to the Sub-Fund’s customers, in connection with the administration, marketing or trading of the Sub-Fund.

BLOOMBERG DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE BLOOMBERG US TREASURY 7-10 YEAR INDEX OR ANY DATA RELATED THERETO AND SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS OR INTERRUPTIONS THEREIN. BLOOMBERG DOES NOT MAKE ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY E FUND MANAGEMENT (HONG KONG) CO., LIMITED, OWNERS OF THE SUB-FUND OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE BLOOMBERG US TREASURY 7-10 YEAR INDEX OR ANY DATA RELATED THERETO. BLOOMBERG DOES NOT MAKE ANY EXPRESS OR IMPLIED WARRANTIES AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE BLOOMBERG US TREASURY 7-10 YEAR INDEX OR ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, TO THE MAXIMUM EXTENT ALLOWED BY LAW, BLOOMBERG, ITS LICENSORS, AND ITS AND THEIR RESPECTIVE EMPLOYEES, CONTRACTORS, AGENTS, SUPPLIERS, AND VENDORS SHALL HAVE NO LIABILITY OR RESPONSIBILITY WHATSOEVER FOR ANY INJURY OR DAMAGES – WHETHER DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, PUNITIVE OR OTHERWISE – ARISING IN CONNECTION WITH THE SUB-FUND OR BLOOMBERG US TREASURY 7-10 YEAR INDEX OR ANY DATA OR VALUES RELATING THERETO – WHETHER ARISING FROM THEIR NEGLIGENCE OR OTHERWISE, EVEN IF NOTIFIED OF THE POSSIBILITY THEREOF.