Money inflows to the unit trust industry accelerated in July as investors increasingly opted for more conservative investment options.
A report by the Hong Kong Investment Funds Association showed the fund industry registered gross inflows of US$1.52 billion in July, up by 49 per cent from June.
Net inflows reached US$696.73 million, more than double June's figure.
Among the various products, the highest growth was seen in guaranteed funds.
The aggregate net inflows of guaranteed funds, which allow investors a minimum investment return, reached US$522.07 million, accounting for about 75 per cent of the industry total.
It compared to net flows of US$148.61 million in June.
Bond funds, another conservative type of funds, also recorded robust inflows. They registered aggregate net inflows of US$110 million, up by 8 per cent from June.
