Fund Data Converter
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OFST710315 – HK Does Fund Intend To Use Or Invest In Derivatives
Does the fund intend to use or invest in derivatives in excess of:
1)50% of the fund’s NAV based on the Net Derivative Exposure (NDE) or Commitment approach; or 2)100% of the benchmark Value-at-Risk (VaR) on relative VAR approach; or 3)10% VAR on absolute VAR approach.
Fund managers are expected to update the responses above if the actual investment in derivatives go above the below percentages other than on an occasional or temporary basis in between annual reviews.
The field is expected to be refreshed at least annually with either the last update or review date indicated. More information on filling the fields can be found in the white paper under https://www.openfunds.org/knowledge/whitepapers/hong-kong- complex-and-non-complex-funds/
| Property | Value |
|---|---|
| OF-ID | OFST710315 |
| Name | HK Does Fund Intend To Use Or Invest In Derivatives |
| Area | Static data |
| Level | Fund |
| Format | yes / no |
| Tags | Full, HK |
| Introduced in | openfunds 1.25 |
| Related field | OFST710312 HK Does Fund Intend To Use More Than 50 Percent Of |
Allowed values
yes, no
Example
yes
FundsXML 4 mapping
FundsXML 4.2.11 has no element for this field. The converter keeps the value as CustomAttributes/Attribute named OF_OFST710315 on the share class (or position), so FundsXML → openfunds restores it unchanged.
The field mapping table lists every field; openfunds to FundsXML explains the rules behind it.
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