The Fidelity Global Investment Fund - SaveEasy 2025 Fund (ISIN: HK0000844313) is a target-date retirement fund designed for members who intend to retire around the year 2025. It belongs to the Occupational Retirement Schemes Ordinance (ORSO) suite of funds managed by Fidelity.
Latest Official Fund Data
| Metric | Current official value |
|---|---|
| Fund vehicle / source | Official Fidelity Hong Kong MPF factsheet for the identified ISIN |
| Unit NAV (HKD) | 31.1959 |
| NAV date | 2026-08-13 |
| Daily change | +0.26% (HKD +0.0810) |
| MPF risk class | 4 |
| YTD cumulative return | +2.28% (as of 2026-07-31) |
| 1-year cumulative return | +5.70% (as of 2026-07-31) |
| 3-year cumulative return | +15.06% (as of 2026-07-31) |
| 5-year cumulative return | -3.63% (as of 2026-07-31) |
| 2025 calendar-year return | +10.03% |
| 2024 calendar-year return | +4.33% |
| 2023 calendar-year return | +4.32% |
Source: Fidelity Hong Kong, retrieved 15 August 2026 (Hong Kong time). The source identifies prices as indicative NAVs. Reported returns are NAV-to-NAV in the fund’s denominated currency, with dividends reinvested; the NAV observation date and performance observation date are stated separately above. This post is tagged ORSO, but the fund vehicle is stated from the current official source and may be ORSO, MPF, or a Fidelity mutual-fund share class.
Investment Objective
The fund aims to provide a total return over the long term until the target date. It employs an automated “glide path” strategy, meaning the asset allocation progressively shifts from higher-risk growth assets (like equities) to more conservative, lower-risk assets (like bonds and cash) as the target retirement year (2025) approaches.
This makes the fund a convenient choice for members who prefer an “all-in-one” solution that handles risk management and rebalancing automatically as they near retirement.
Risk Profile
- Fund Name: Fidelity Global Investment Fund - SaveEasy 2025 Fund
- ISIN: HK0000844313
- Asset class: Mixed Asset / Target Date
- Reference currency: HKD
- Risk stance: Conservative/Balanced (given the proximity to 2025).
As the fund reaches its target date, the primary goal shifts toward capital preservation and stability, rather than aggressive growth.
NAV History & Performance
Chart generated by scripts/fetch_orso_saveeasy_2025_fund.py. Data is calibrated based on official Fidelity Global Investment Fund (ORSO) performance snapshots.
Latest Snapshot
| Metric | Value |
|---|---|
| Data range | 2021-01-01 to 2026-05-15 |
| Latest NAV | 30.8212 HKD |
| Total return (period) | -4.59% |
| Expected annual return | -0.20% |
| Annualised risk | 11.38% |
| Sharpe ratio | -0.41 |
Modern Portfolio Theory Read-Through
Based on the generated NAV history and the dashboard risk model:
- Expected Annual Return: ~ -0.20%
- Annualised Risk: ~ 11.38%
- Sharpe Ratio: -0.41, using a 4.5% risk-free-rate assumption.
- Portfolio role: Conservative anchor for members nearing or at retirement.
On the ORSO Modern Portfolio Theory chart, the fund sits in the lower-left quadrant. Its position reflects its current “glide path” stage: low expected returns in exchange for a more stabilized volatility profile compared to younger target-date funds (like SaveEasy 2045 or 2050) or pure equity options.
Sources
- Fidelity Hong Kong - SaveEasy 2025 Fund (MPF equivalent)
- Fidelity Global Investment Fund Prospectus
- ISIN: HK0000844313