Aberdeen Standard SICAV I - Indian Equity Fund A Acc GBP

安本標準 - 印度股票基金 A類 Acc 英鎊

LU0231462077

Risk Rating: Level 6

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

0.5%

Subscription Fee
As low as 0.5 %

For details, please refer to the iFund Account Fee Chart.

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.75%

HKD4,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / USD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:00

2019-08-14

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+0.60%
3 mth
+3.27%
6 mth
+8.43%
1 yr
+2.04%
3 yr
+21.87%
5 yr
+80.38%

Analytical Figures (3 years)

Annualized Return
+6.81%
Annualized Volatility
+16.74%
Sharpe Ratio
+0.43

Fund Information

Fund Houses
Aberdeen Standard Investments
Launch Date
2006-03-27
Fund Manager
Team managed
Manager Start Date
2006-03-24
Geographical Focus
India
Asset Class/ Sector
Equity - All cap
Risk Rating
Risk Level 6

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-05-22)
USD 1,742,387,259.73
Management Fee
1.75%
Latest Dividend
GBP 0.026500 (2005-03-31)

Sector Leaders

    No Funds

Dealing Information

0.5%

Subscription Fee
As low as 0.5 %

For details, please refer to the iFund Account Fee Chart.

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.75%

HKD4,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / USD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:00

2019-08-14

Dividend Records

Dividend DateDividend Records (GBP)
2005-03-310.026500
2004-03-310.300000
2002-04-020.178400

Investment Objective

To achieve long-term total return by investing at least two-thirds of the Fund’s assets in equities and equity-related securities of:
1) companies with their registered office in India; and/or
2) companies which have the preponderance of their business activities in India; and/or
3) holding companies that have the preponderance of their assets in companies with their registered office in India.

Nature and Extent of Risks

Investment involves risks. Please refer to the offering document of Aberdeen Global for details including the risk factors.
1. Equity risk
The value of the Fund that invests in equity and equity-related securities will be affected by economic, political, market, and issuer specific changes. Such changes may adversely affect securities, regardless of company specific performance.
2. Concentration risk
The Fund invests in a single country market (i.e. India) and is likely to be more volatile than a more widely invested fund.
Lack of liquidity may adversely affect the value or ease of disposal of assets.
3. Risk of using financial derivative instruments
Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a financial derivative instrument can result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund. Exposure to financial derivative instrument may lead to a high risk of significant loss by the Fund.
4. Emerging markets risk
The Fund invests in Indian equity and equity-related securities thereby providing exposure to emerging markets which tend to be more volatile than mature markets and its value could move sharply up or down. In some circumstances, the underlying investments may become less liquid which may constrain the Investment Adviser’s ability to realise some or all of the portfolio. The registration and settlement arrangements in emerging markets may be less developed than in more mature markets so the operational risks of investing are higher. Political risks and adverse economic circumstances are more likely to arise, putting the value of your investment at risk.
5. Exchange rates risk
The Fund may invest in securities denominated in a number of different currencies other than the base currency in which the Fund is denominated. Changes in foreign currency exchange rates may adversely affect the value of the Fund’s investments and the income thereon.
6. Risk of Foreign Account Tax Compliance Act (“FATCA”)
The Fund will attempt to satisfy any obligations imposed on it to avoid the imposition of FATCA withholding tax. However, no assurance can be given that the Fund will be able to satisfy these obligations. If the Fund becomes subject to a withholding tax as a result of the FATCA regime, the value of the shares held by the shareholders may suffer material losses.
7. Taxation relating to Indian Equities
The Indian General Anti-Avoidance Rules (GAAR) is a new piece of legislation and therefore there is little guidance in terms of best practice over its application. However, it is clear that Indian GAAR is drafted very widely and the interpretation of it will be subjective and open to conflicting interpretation.
Aberdeen Global Indian Equity Limited (the “Subsidiary”), the wholly owned subsidiary of the Fund, will make investments into Indian securities in accordance with the investment objective, policies and restrictions of the Fund. The Subsidiary is expected to operate in a manner that should not cause it to be treated as having a permanent establishment in India. However, there can be no assurance that this position will be respected by the Indian tax authorities.
It is the intent of the Fund that the Subsidiary will be tax resident in Singapore and will satisfy certain provisions of the Protocol/Article to the India-Singapore tax treaty, details of which are described in the offering document. There can be no assurance that any future changes to the India-Singapore tax treaty or future interpretations of the IndiaSingapore tax treaty will not adversely affect the tax position of the Subsidiary's investments in India.
Should the treaty not be applied, interest and capital gains earned by the Subsidiary would be subject to tax as per the domestic tax laws of India applicable to Foreign Portfolio Investors. Accordingly, where the treaty is not applied the income of the Subsidiary would be subject to tax in India at a rate ranging from 0% to 30%, depending on the nature of income and the period for which the securities have been held.
8. General risk
The value of shares and the income from them can go down as well as up and you may not get back the amount invested.

Manage your asset round-the-clock

Hotline

852
3896 3896

1501, 15/F, 101 King's Road,
North Point, Hong Kong

Mon - Fri (excluding public holidays)
09:00 - 18:00

Copyright © 2019 Noble Apex Advisors Limited. All Rights Reserved.