GENERAL RISK DISCLOSURE AND DISCLAIMER

The content contained within this website is for informational purposes only and is not intended and should not be used or construed as an offer to sell, or a solicitation of any offer to buy or provide advice on, securities of any fund or discretionary account or other investment product in any jurisdiction. The information in this web site is not intended and should not be construed as investment, tax, legal, financial or other advice.

This website and its content are not intended to be, nor should it be construed or used as an offer to sell, or a solicitation of any offer to buy, interests or shares in any funds distributed by Oreana Financial Services Limited (“Oreana”). Oreana is licensed for Type 1 (Securities Dealing), Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activity by the Securities and Futures Commission of Hong Kong. Oreana Financial Services Limited is incorporated as a limited company in Hong Kong, with its executive offices in Quarry Bay, Hong Kong.

The distribution of the information contained herein in certain jurisdictions may be restricted, and, accordingly, it is the responsibility of any prospective investor to satisfy itself as to compliance with relevant laws and regulations. Oreana shall not be liable for any losses or damages relating to the adequacy, accuracy or completeness of any information on this website or the use of such information. All information is subject to change without prior notice.

The funds or discretionary accounts described in this website are generally described for illustration purposes only and may only be suitable for Professional Investors, Accredited Investors, Wholesale Investors and Institutional Investors.

There are substantial risks in investing in a fund, discretionary account or other investment products. Persons interested in investing in a fund or discretionary account should carefully note the following:

  • Investing in financial markets involves a substantial degree of risk. Performance in the past may not be a reliable indicator of future performance.
  • A fund or discretionary account can represent a speculative investment and involves a high degree of risk. An investor could lose all or a substantial portion of his/her investment. Investors must have the financial ability, sophistication/experience and willingness to bear the risks of an investment in a fund or discretionary account.
  • An investment in a fund or discretionary account is not suitable or desirable for all investors. Only certain persons meeting certain additional eligibility criteria may invest in a fund or discretionary account.
  • Investment in some funds or discretionary accounts under Oreana’s management may be suitable only for financially sophisticated investors who meet certain eligibility requirements, have no need for immediate liquidity in their investment, and can bear the risk of an investment in the funds or discretionary account for an extended period of time.
  • Some fund or discretionary account investments are illiquid and there may generally be significant restrictions on transferring interests in funds or other investment products. There may be no secondary market for the interests of a fund or other investment products.
  • A fund or discretionary account may employ leverage and other investment techniques, and such leverage and other investment techniques may result in increased volatility of the fund’s or discretionary account’s performance and increased risk of loss.
  • A fund or discretionary account may be invested in commodities, futures and other derivatives, which may increase the risk of loss of the fund or discretionary account.
  • A fund or discretionary account may have limited or no operating history.
  • A fund or discretionary account may invest in a limited number of securities or instruments, which could result in a limited degree of diversification and higher risk.
  • There are likely to be a number of conflicts of interest or potential conflicts of interest in connection with an investment manager’s management of fund assets or discretionary accounts.​

The above summary is not a complete list of the risks and other important disclosures involved in investing in funds or discretionary accounts. Before making any investment in a fund, investors are advised to review thoroughly and carefully any offering documentation with their financial, legal and tax advisors to determine whether an investment is suitable.

By entering our site, you acknowledge that you have read, accept, and agree to these terms and conditions.

Defensive

Portfolios

The global portfolios described on this page are built for Asian clients and not available to clients and advisors in Australia. To learn more about our Australian portfolios please contact us for more information.

Protect your assets from market volatility and downside risks

A defensive investment approach can help protect your capital by smoothing the impact of market fluctuations and limiting losses, thus reducing the impact of downside risk.

In an economic upturn, while defensive portfolios may trail the broader market, your capital is well-protected and can still capture some upside with reduced risks in the long run.

What do our defensive portfolios look like?

Our portfolios are managed similar to how institutional investors manage their portfolios. They are global, well-diversified, multi-manager investment portfolios that follow clear investment objectives and are dynamically managed over time. We think long-term and diversify our portfolios across assets, managers and strategies. Our portfolios typically contain 10-15 managers that are carefully selected by our investment team and actively monitored over time.

In general, our defensive portfolios aim to achieve an investment return in excess of cash plus 1-2% over a rolling five-year period, and we aim to limit the instance of negative years to 1-2 in 20 years.

Asset Allocation

  • Growth assets: 17.5% – 35%
  • Defensive assets: 50% – 72.5%
  • Alternative assets: 10% – 15%

Risk Level

Our investment strategy applies a fundamental, valuation-based approach that brings together our Strategic Asset Allocation (SAA)Dynamic Asset Allocation (DAA) and Manager Selection processes.

Fundamental to our investment process is the risk management framework which sets out procedures for scenario testing, liquidity management, appropriate benchmarking and placing pragmatic constraints around our implementation.

Who should consider a defensive portfolio?

Defensive portfolios may be suitable for investors with a low tolerance to losses, and investors who prioritise preservation of capital.

All investments involve risks. Defensive portfolios are not risk-free. Understanding your risk tolerance level can help you make suitable investment decisions. While risk appetite sounds emotional and subjective, it can be measured. To understand more about your risk tolerance level and whether it matches with defensive portfolios, talk to one of our advisors.

There is more to consider…

We offer a range of portfolios to align with your investment beliefs. Besides choosing the right portfolio, there are more considerations to suit your unique investment needs.

Active or Passive Investing

We apply both Strategic Asset Allocation and Dynamic Asset Allocation management to all our portfolios.

While passive investing approach focuses on implementation through index and passive strategies, our active portfolios use skilled managers who we have reviewed, selected and monitor across a range of asset classes that we expect will contribute to portfolio alpha over the medium-term.

High or Low Liquidity

Aside from the high liquid assets commonly included in a portfolio, our portfolios can invest in less liquid alternative assets which can help to reduce portfolio volatility and provide an investment premium over more liquid strategies.

Depending on your need in converting the investment into cash, you can choose from different liquidity periods of 1 month, 6 months, 24 months and 36 months.

Lump Sum or Regular Investing

In addition to making lump sum investments, you can use regular investment tools to invest spare cash.

You may benefit from dollar-cost averaging as you accumulate your wealth instead of ‘waiting for the right time’. As the old saying goes, “It’s not timing the market, it’s time in the market.”

Currency Risk and Tax

Some of our portfolios are available in multiple currencies for expats who are looking to minimise their foreign exchange risk.

We also offer cost-effective solutions that provide tax benefits after repatriation.

ESG in Our Portfolios

We take sustainable investing seriously. We have a long history of considering sustainable investing for institutional and retail clients. We believe that long-term sustainability issues can have a material impact on risk and return outcomes. We define sustainable investing as investing that ensures shortterm actions do not compromise long-term outcomes. Long-term outcomes include better returns and lower risk. We expect sustainable investing will be a source of genuine alpha over the long-run.

We have preferred to work closely with managers that have started to integrate sustainable investing and ESG into their investment processes. It is becoming increasingly possible to build solutions for clients that reflect their values and beliefs, which is an incredibly important part of exercising our fiduciary duty.

We keep your investments safe

Our discretionary portfolios are managed by our in-house investment and portfolio management team who is fully dedicated to managing a range of institutional grade investment portfolios for our clients. Our portfolios have long investment horizons and are primarily driven by asset allocation and diversification. We have clear investment beliefs and a strong focus on governance and clear processes. In addition to our long-term asset allocation targets, our team actively manages our portfolios and dynamically allocates between asset classes as conditions change.

Not looking for an defensive portfolio? We’ve got more options

Balanced Portfolios

Balance your risks and returns through a variety of assets

Growth Portfolios

Aim for capital appreciation with above-average growth

Alternatives Portfolios

Uncover opportunities among non-traditional assets

Income Portfolios

Receive regular and consistent cash income streams

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