Daiwa SBI Investment Fund - Japan High Dividend Stocks Fund Dis USD (Hedged)

大和住銀投資基金-日本高息股票基金 Dis 美元 (對沖)

HK0000367463

Risk Rating: Level 3

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 three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD20,000.00Min. Subscription

1.60%

HKD10,000.00Min. Subscription

USD

HKD20,000.00Min. Subscription

HKD20,000.00

HKD20,000.00

Daily

16:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+5.05%
3 mth
+16.45%
6 mth
+9.87%
1 yr
+2.41%
3 yr
-
5 yr
-

Analytical Figures (3 years)

Annualized Return
-
Annualized Volatility
-
Sharpe Ratio
-

Fund Information

Fund Houses
Daiwa SB Investments (HK) Limited
Launch Date
2017-10-11
Fund Manager
Daisuke Churei
Manager Start Date
2017-10-12
Geographical Focus
Japan
Asset Class/ Sector
Equity - All cap
Risk Rating
Risk Level 3

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 three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of )
-
Management Fee
1.60%
Latest Dividend
USD 0.037000 (2019-10-30)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD20,000.00Min. Subscription

1.60%

HKD10,000.00Min. Subscription

USD

HKD20,000.00Min. Subscription

HKD20,000.00

HKD20,000.00

Daily

16:30

-

Dividend Records

Dividend DateDividend Records (USD)
2019-10-300.037000
2019-09-290.036000
2019-08-290.037000
2019-07-300.042000
2019-06-270.042000
2019-05-300.043000
2019-04-250.043000
2019-03-280.043000
2019-02-270.050000
2019-01-300.050000
2018-12-270.050000
2018-11-290.050000
2018-10-300.050000
2018-09-270.050000
2018-08-300.050000
2018-07-300.050000
2018-06-280.050000
2018-05-300.050000
2018-04-260.050000
2018-03-280.050000

Investment Objective

The Sub-Fund seeks to achieve mid to long-term capital growth through investing primarily in equities or equities-related securities issued by Japanese companies.
The Sub-Fund will invest at least 70% of its net asset value in equities or equities-related securities issued by companies which are established or have significant operations in Japan and are listed or traded on recognized exchanges that the Manager deems to have a potential high dividend yield.

Nature and Extent of Risks

Investment involves risks. Please refer to the Explanatory Memorandum for details including the risk factors.
1. Investment risk
The Sub-Fund's investment portfolio may fall in value due to any of the key risk factors below and therefore your investment in the Sub-Fund may suffer losses. There is no guarantee of the repayment of principal.
2. Currency risk
Underlying investments of the Sub-Fund may be denominated in currencies other than the base currency of the Sub-Fund. Also, a class of units may be designated in a currency other than the base currency of the Sub-Fund. The net asset value of the Sub-Fund may be affected unfavorably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.
3. Equity market risk
The Sub-Fund's investment in equity securities is subject to general market risks, whose value may fluctuate due to various factors, such as changes in investment sentiment, political and economic conditions and issuer-specific factors.
4. High dividend equity risks
There is a risk that the value of the Sub-Fund's equity investments may decline or have a lower than average potential for price appreciation due to their high dividend nature. There is no guarantee that such investments will declare or pay out dividends.
The high dividend policy of the underlying securities may not have a direct relationship with the distribution policy of the Sub-Fund. There is also no guarantee of dividend or distribution payments by the Sub-Fund during the period an investor holds units in the Sub-Fund.
5. Risk associated with small-capitalisation / mid-capitalisation companies
The stock of small-capitalisation / mid-capitalisation companies may have lower liquidity and their prices are more volatile to adverse economic developments than those of larger capitalisation companies in general.
6. Concentration risk
The Sub-Fund's investments are concentrated in Japan equity securities and may be concentrated in a specific industry sector. The value of the Sub-Fund may be more volatile than that of a fund having a more diverse portfolio of investments.
The value of the Sub-Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the Japanese market.
7. Risks relating to hedging and the hedged classes of units
There can be no assurance that any currency hedging strategy employed by the Manager will fully and effectively eliminate the currency exposure of the Sub-Fund.
Hedging strategies may preclude investors from benefiting from an increase in the value of the Sub-Fund's base currency.
Any expenses arising from such hedging transactions will be borne by the Sub-Fund or the relevant currency hedged class.
8. Risks associated with distribution out of/effectively out of the Sub-Fund's capital
In respect of Class A (JPY) Dis, Class A (HKD) Dis, Class A (USD) Dis and Class A (USD) hedged Dis, payment of dividends out of capital and/or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investments. Any such distributions may result in an immediate reduction of the net asset value per share/ unit.
The distribution amount and net asset value of the currency hedged distribution class may be adversely affected by differences in the interest rates of the reference currency of the currency hedged distribution class and the Sub-Fund’s base currency, resulting in an increase in the amount of distribution that is paid out of capital and hence a greater erosion of capital than other non-hedged distribution classes.

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852
3896 3896

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