Equity

Singapore Dividend Equity Fund - SGD Class

ISIN: SG9999003826
Bloomberg Ticker: DBSSINE SP

Overview

Investment Objective

The investment objective of the Fund is to achieve medium to long term capital appreciation. The Fund invests primarily in equities listed on the Singapore Exchange Securities Trading Limited that offer attractive and sustainable dividend payments with the potential for long term capital appreciation and may also invest in non-Straits Times Index (FTSE STI) component stocks as well as equities listed outside of Singapore with similar characteristics.

Please note that this share class is available for distribution in Malaysia only. “RM” means Ringgit Malaysia, the lawful currency of Malaysia.

Fund Details

SGD
Up to 5.00%
1.25% p.a.
Nil^
Cash, SRS, Regular Savings Plan (RSP)
SGD 1,000
SGD 100
SGD 1,000
SGD 100/month

^ With effect from 1 November 2017, the benchmark for the Singapore Dividend Equity Fund (i.e. Straits Times Index) has been removed and there will no longer be any benchmark for the Fund. This is because pursuant to the investment objective of this Fund, this Fund is managed on a total return basis and as such, it does not seek to outperform any benchmark. Prior to 1 July 2001, the benchmark was DBS 50 Index.

Performance

SGD Class Return (%) 3 m 6 m 1 yr 3 yr 5 yr Since Inception
NAV-NAV 4.98 -4.23 -1.01 3.72 3.26 3.88
NAV-NAV (with charges1) -0.26 -9.02 -5.96 1.96 2.21 3.66
Source: Nikko Asset Management Asia Limited as of 31 January 2024
Returns are calculated on a NAV-NAV basis and assuming all dividends and distributions are reinvested, if any. Returns for period in excess of 1 year are annualised. Past performance is not indicative of future performance.

1 Takes into account of maximum initial sales charge and a realisation charge, currently nil, as and where applicable.

Holdings

Top 10 Holdings

Holdings Weight
OVERSEA-CHINESE BANKING CORPORATION LIMITED 8.4 %
UNITED OVERSEAS BANK LIMITED 8.4 %
DBS GROUP HOLDINGS LTD 8.3 %
SEMBCORP INDUSTRIES LTD. 5.9 %
KEPPEL LTD. 5.0 %
Holdings Weight
SEATRIUM LIMITED 3.7 %
CAPITALAND INVESTMENT LIMITED 3.2 %
SINGAPORE TECHNOLOGIES ENGINEERING LTD 3.1 %
FRASERS LOGISTICS & COMMERCIAL TRUST 2.9 %
UMS HOLDINGS LIMITED 2.8 %
Source: Nikko Asset Management Asia Limited as of 31 January 2024.

Country Allocation (%)

Source: Nikko Asset Management Asia Limited as of 31 January 2024.
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 January 2024.
Cash in allocation charts includes cash equivalents.
Percentages of allocation may not add to 100% due to rounding error.
Important Information

Disclaimer

The Nikko AM Shenton Horizon Investment Funds - Singapore Dividend Equity Fund (the “fund”) is passported under the ASEAN Collective Investment Schemes Framework in Malaysia.

The materials produced herein are specific to its use and specific to a target audience. The information contained in this material has been obtained from various sources including but not limited to those contained in the public domain. The information contained in the material including but not limited to opinions, analysis, forecasts, projections and expectations (collectively known as “Opinions”) are merely an expression of belief. Although care has been taken to collate and compile the information and/ or opinion contained in this material, no warranty and/ or representation, be it expressed or implied, is made that the information used is accurate, complete, fact-checked, true, valid and/ or free of errors. Information and Opinions contained herein are published for recipients’ reference and illustration only. As with any forms of financial products, the financial product (i.e. the fund) mentioned herein (if any) carries with it various risks. Although attempts have been made to disclose all possible risks involved, the financial product may still be subject to inherent risk that may arise beyond our reasonable contemplation. This financial product may be wholly unsuited for you, if you are adverse to the risk arising out of and/ or in connection with the financial product. This presentation is not, and should not be construed as, an offer document or an offer or solicitation to buy or sell any investments.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Warning Statement

A Product Highlights Sheet (PHS) is available for the fund and investors have the right to request for a copy of it. Investors are advised to read and understand the contents of the PHS and the prospectus containing information about the fund before investing. The prospectus has been registered and lodged, and the PHS has also been lodged, with the Securities Commission Malaysia, who takes no responsibility for its contents. A copy of the PHS and the prospectus can be obtained at the Malaysian Representative of the fund, Affin Hwang Asset Management Berhad’s sales office, or from the fund’s registered distributors. Units will only be issued upon receipt of an application form referred to in and accompanying the PHS and the prospectus. There are fees and charges involved when investing in the funds. Potential investors are advised to consider the fees and charges carefully before investing into the fund. The price of units and distribution payable, if any, may go down as well as up and past performance of the fund should not be taken as indicative of its future performance. Where applicable, if you plan to purchase units of the fund via loan financing, you are advised to read and understand the contents of the “Unit Trust Loan Financing Disclosure Statement” in the prospectus before deciding to borrow to purchase its units.

Welcome to Nikko AM
Location:
Investor type:
Sustainability in action

This site is designed to be light in carbon footprint. We strive to deliver a smoother experience, using less energy with a simplified code, light vector graphics and by reducing unnecessary features and plugins. We regularly review and archive content to reduce impact on the environment.