Nikko AM Global Dividend Equity Fund - CNH Hedged (Dist) Class

ISIN: SG9999011191
Bloomberg Ticker:NIKGDEC SP

Investment Objective

With effect from 16 December 2013, the investment objective of the Nikko AM Global Dividend Equity Fund (formerly known as "Horizon Global Equity Fund") is to provide a total return of capital growth and income over the medium to long term by investing in shares or securities equivalent to shares listed on stock exchanges globally.

The Fund invests in a diversified portfolio of dividend-producing equity investments that offer attractive and sustainable dividends from companies with relatively strong sustainable cash flows, stable growth and stable dividend payout. There will be no target industry or sector.

Fund Details

Up to 5.00%
1.50% p.a.
CNH 5,000
CNH 500

^ With effect from 1 December 2016, the benchmark for the Nikko AM Global Dividend Equity Fund (i.e. MSCI All Country World Index, USD base) has been removed and there will be no benchmark for this Fund. This is because pursuant to the investment objective of the Fund, the Fund is managed on a total return basis and as such, it does not seek to outperform any benchmark. Prior to 1 February 2017, it was MSCI All Country World Index, USD base - Gross Total Return. Prior to 16 December 2013, the benchmark was a composite of Russell 1000® Net 30% Index; FTSE All Share Index; TOPIX Dividend Included Index; Russell Developed Europe ex-UK Large Cap Index (net); and Russell Asia Pacific ex Japan (All cap) Index, according to their regional weights from time to time.

Performance (CNH)

Return (%) 3 m 6 m 1 yr 3 yr 5 yr Since Inception
NAV-NAV 0.50 -0.20 1.03 7.29 4.35 4.52
NAV-NAV (with charges1) -4.53 -5.19 -4.02 5.47 3.28 3.95

Source: Nikko Asset Management Asia as of 31 July 2023
¹ Takes into account of maximum initial sales charge and a realisation charge, currently nil, as and where applicable.
² Please note that for CNH Hedged (Dist) Class Units, the Managers intend to hedge the currendy exposure of the assets of the Fund attributable to the CNH Hedged (Dist) Class Units into CNH, through the use of currency forwards.

Fund Holdings

Top 10 Holdings Weight
NESTLE S.A. 5.2 %
ABBVIE, INC. 4.1 %
Source: Nikko Asset Management Asia Limited as of 31 July 2023 .

Country Allocation (%)

Source: Nikko Asset Management Asia Limited as of 31 July 2023 .
Cash in allocation charts includes cash equivalents.
Percentages of allocation may not add to 100% due to rounding error.

Sector Allocation (%)

Source: Nikko Asset Management Asia Limited as of 31 July 2023 .
Cash in allocation charts includes cash equivalents.
Percentages of allocation may not add to 100% due to rounding error.
Important Information

The funds mentioned are Singapore registered funds approved for sale or purchase in Singapore. By proceeding, you are representing and warranting that you are either resident in Singapore or the applicable laws and regulations of your jurisdiction allow you to access the information.

This document is purely for informational purposes only with no consideration given to the specific investment objective, financial situation and particular needs of any specific person. It should not be relied upon as financial advice. Any securities mentioned herein are for illustration purposes only and should not be construed as a recommendation for investment. You should seek advice from a financial adviser before making any investment. In the event that you choose not to do so, you should consider whether the investment selected is suitable for you. Investments in funds are not deposits in, obligations of, or guaranteed or insured by Nikko Asset Management Asia Limited (“Nikko AM Asia”).

Past performance or any prediction, projection or forecast is not indicative of future performance. The Fund or any underlying fund may use or invest in financial derivative instruments. The value of units and income from them may fall or rise. Investments in the Fund are subject to investment risks, including the possible loss of principal amount invested. You should read the relevant prospectus (including the risk warnings) and product highlights sheet of the Fund, which are available and may be obtained from appointed distributors of Nikko AM Asia or our website (www.nikkoam.com.sg) before deciding whether to invest in the Fund.

The information contained herein may not be copied, reproduced or redistributed without the express consent of Nikko AM Asia. While reasonable care has been taken to ensure the accuracy of the information as at the date of publication, Nikko AM Asia does not give any warranty or representation, either express or implied, and expressly disclaims liability for any errors or omissions. Information may be subject to change without notice. Nikko AM Asia accepts no liability for any loss, indirect or consequential damages, arising from any use of or reliance on this document. This advertisement has not been reviewed by the Monetary Authority of Singapore.

The Central Provident Fund (“CPF”) Ordinary Account (“OA”) interest rate is the legislated minimum 2.5% per annum, or the 3-month average of major local banks' interest rates, whichever is higher, reviewed quarterly. The interest rate for Special Account (“SA”) is currently 4% per annum or the 12-month average yield of 10-year Singapore Government Securities plus 1%, whichever is higher, reviewed quarterly. Only monies in excess of $20,000 in OA and $40,000 in SA can be invested under the CPF Investment Scheme (“CPFIS”). Please refer to the website of the CPF Board for further information. Investors should note that the applicable interest rates for the CPF accounts and the terms of CPFIS may be varied by the CPF Board from time to time.

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