The investment objective of the Fund is to achieve medium to long-term capital appreciation by investing primarily in equities listed in Asia ex Japan that offer attractive, growing and sustainable dividend payments.
The Fund will seek to achieve this investment objective by constructing a portfolio of dividend producing equity securities listed and traded on the stock exchanges in the countries represented in the MSCI AC (All Countries) Asia ex Japan Index (the “Reference Index”).
With effect from 17 Dec 2012, Nikko AM Shenton Asia Knowledge Fund has been renamed Nikko AM Shenton Asia Dividend Equity Fund.
^ The benchmark of the Fund was changed from MSCI AC Far East Free ex Japan Index to MSCI AC Asia ex Japan Index (Net Total Return) (the "Benchmark") with effect from 17 December 2012 in order to align the Fund's benchmark with that of its Underlying Fund. With effect from 1 June 2017, the Benchmark has been removed and there will no longer be any benchmark for the 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.
| SGD Class | Return (%) | 3 m | 6 m | 1 yr | 3 yr | 5 yr | Since Inception |
| NAV-NAV | 1.10 | -0.27 | -4.91 | -7.49 | 2.43 | 2.93 | |
| NAV-NAV (with charges1) | -3.96 | -5.26 | -9.67 | -9.06 | 1.39 | 2.71 |
1 Takes into account of maximum initial sales charge and a realisation charge, currently nil, as and where applicable.
| Holdings | Weight |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD. SPONSORED ADR | 7.1 % |
| SAMSUNG ELECTRONICS CO., LTD. SPONSORED GDR | 6.1 % |
| TENCENT HOLDINGS LTD. | 4.4 % |
| PT BANK NEGARA INDONESIA (PERSERO) TBK CLASS B | 3.7 % |
| AIA GROUP LIMITED | 3.2 % |
| Holdings | Weight |
| CHINA MEDICAL SYSTEM HOLDINGS LTD. | 2.7 % |
| INDUSIND BANK LTD. | 2.4 % |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD. | 2.2 % |
| MEDIATEK INC | 2.2 % |
| TECH MAHINDRA LIMITED | 2.1 % |
| Country Allocation | Country Allocation |
|---|---|
| China | 26.6 |
| Taiwan | 22.3 |
| India | 16.8 |
| South Korea | 11.1 |
| Hong Kong | 6.3 |
| Singapore | 5.3 |
| Others | 9.5 |
| Cash and/or Derivatives | 2.1 |
| Sector Allocation | Sector Allocation |
|---|---|
| Information Technology | 32.6 |
| Financials | 22.1 |
| Consumer Discretionary | 8.4 |
| Health Care | 7.2 |
| Industrials | 6.6 |
| Materials | 5.2 |
| Others | 15.7 |
| Cash and/or Derivatives | 2.1 |
If you would like to invest, please get in touch with one of these distributors, or our Client Services Team at SGContactUs@nikkoam.com / (SG Toll-Free) 1-800-535-8025 or (Overseas) +65-6535-8025.
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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