Full investment portfolio of the Relevant Investments as at 31 May 2025
| Relevant Investment | Type | Primary Listing | Country of Issuer | Currency | Total Cost | Mark-to-market Value | Weighting of GAV *(%) | Credit Rating (S&P's/Moody's/Fitch's) |
| CIFIHG 5.95 10/20/25 | Bond | Hong Kong Exchange | Cayman Islands | USD | HK$46,493,000 | HK$4,865,000 | 0.0080% | - / - / - |
| HKE 2 ⅞ 05/03/26 | Bond | Hong Kong Exchange | BVI | USD | HK$7,758,000 | HK$7,726,000 | 0.0127% | A- / - / - |
| CKHH 1 ½ 04/15/26 | Bond | Singapore Exchange | Cayman Islands | USD | HK$14,530,000 | HK$15,257,000 | 0.0250% | A / A2 / A- |
| SWIPRO 3 ⅝ 01/13/26 | Bond | Hong Kong Exchange | Hong Kong | USD | HK$23,526,000 | HK$23,375,000 | 0.0383% | - / A2 / A |
| MOLAND 9 12/28/24 | Bond | Singapore Exchange | Cayman Islands | USD | HK$1,247,000 | HK$7,000 | 0.0000% | - / - / - |
| MOLAND 11 12/30/27 | Bond | Singapore Exchange | Cayman Islands | USD | HK$2,495,000 | HK$24,000 | 0.0000% | - / - / - |
| CAPG 5.5 09/30/31 | Bond | Singapore Exchange | Cayman Islands | USD | HK$8,113,000 | HK$105,000 | 0.0002% | - / - / - |
| CAPG 0 09/30/28 | Bond | Singapore Exchange | Cayman Islands | USD | HK$2,320,000 | HK$30,000 | 0.0000% | - / - / - |
| CAPG 0 PERP | Bond | Singapore Exchange | Cayman Islands | USD | HK$25,963,000 | HK$155,000 | 0.0003% | - / - / - |
| ADHERH 7.5 09/30/29 | Bond | Singapore Exchange | BVI | USD | HK$10,547,000 | HK$756,000 | 0.0012% | - / - / - |
| ADHERH 9 09/30/30 | Bond | Singapore Exchange | BVI | USD | HK$8,113,000 | HK$178,000 | 0.0003% | - / - / - |
| ADHERH 9.8 09/30/31 | Bond | Singapore Exchange | BVI | USD | HK$10,547,000 | HK$194,000 | 0.0003% | - / - / - |
| China Aoyuan (Stock Code: 3883.HK) | Stock | Hong Kong Exchange | Cayman Islands | HKD | HK$3,087,000 | HK$59,000 | 0.0001% | N/A |
| Total | HK$164,742,000 | HK$52,732,000 | 0.0864% | |||||