11.pptx - Money Market Fund 貨幣市場基金NONONONONON...

This preview shows page 1 - 2 out of 2 pages.

Money Market Fund 貨幣市場基金 NONONONONON MPF Conservative Fund 強積金保守基金 Each MPF scheme is required by law to provide at a minimum an MPF Conservative Fund. An MPF Conservative Fund is essentially a Money Market Fund which invests exclusively in Hong Kong-dollar assets either in short-term bank deposits or short-term bonds. By its nature, an MPF Conservative Fund is a low-risk investment product. It should be noted, however, that on some occasions (historically in times of high inflation), the returns on an MPF
Image of page 1

Subscribe to view the full document.

Image of page 2

Unformatted text preview: Conservative Fund might not be able to beat inflation and may even be negative . 1 Money Market Fund 貨幣市場基金 Money Market Fund 貨幣市場基金 A Money Market Fund invests generally in short-term, high quality interest bearing securities, with the aim of earning an interest rate higher than that of savings deposits. The risk of investing in a Money Market Fund is generally considered to be low as the fund is generally restricted to investment instruments of short maturity (on average, not over 90 days). 2...
View Full Document

  • Fall '19

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes