Principal Prosperity Series - Asia Pacific High Dividend Equity Fund Inc USD

信安豐盛投資系列 - 亞太高息股票基金 Inc 美元

HK0000272416

Risk Rating: Level 4

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.

On Holiday

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.40%

HKD10,000.00Min. Subscription

HKD / RMB / USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

15:45

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+1.76%
3 mth
+6.73%
6 mth
+3.93%
1 yr
+9.93%
3 yr
+27.51%
5 yr
+24.32%

Analytical Figures (3 years)

Annualized Return
+8.44%
Annualized Volatility
+14.01%
Sharpe Ratio
+0.45

Fund Information

Fund Houses
Principal Asset Management Co. (Asia) Ltd
Launch Date
2002-12-12
Fund Manager
Team Managed
Manager Start Date
2002-12-13
Geographical Focus
Asia Pacific ex Japan
Asset Class/ Sector
Equity - All cap
Risk Rating
Risk Level 4

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 2019-10-30)
USD 135,501,179.39
Management Fee
1.40%
Latest Dividend
USD 0.050000 (2019-10-31)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.40%

HKD10,000.00Min. Subscription

HKD / RMB / USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

15:45

-

Dividend Records

Dividend DateDividend Records (USD)
2019-10-310.050000
2019-10-010.050000
2019-09-010.070000
2019-07-310.070000
2019-07-010.100000
2019-06-020.160000
2019-05-010.060000
2019-03-310.060000
2019-02-280.050000
2019-01-310.060000
2019-01-010.050000
2018-12-020.050000
2018-10-310.050000
2018-10-010.090000
2018-09-020.090000
2018-08-010.090000
2018-07-310.090000
2018-07-020.130000
2018-05-310.200000
2018-05-010.050000
2018-04-020.070000
2018-02-280.080000
2018-01-310.050000
2018-01-010.050000
2017-11-300.070000
2017-10-310.050000
2017-10-020.070000
2017-08-310.090000
2017-07-310.060000
2017-07-020.130000
2017-05-310.120000
2017-05-010.040000
2017-04-020.080000
2017-02-280.020000
2017-01-310.040000
2017-01-020.040000
2016-11-300.060000
2016-10-310.060000
2016-10-020.060000
2016-08-310.040000
2016-08-020.040000
2016-07-030.150000
2016-05-310.080000
2016-05-020.050000
2016-03-310.060000
2016-02-290.070000
2016-01-310.085000
2016-01-030.100000
2015-11-300.110000
2015-11-010.120000
2015-07-010.580000
2015-06-290.580000
2015-01-010.570000
2014-12-300.570000
2014-07-010.510000
2014-01-010.440000
2013-07-010.540000
2013-01-010.480000
2012-07-020.500000
2012-01-020.470000
2011-07-030.550000
2011-01-020.340000
2010-07-010.340000
2010-01-030.270000
2009-07-010.270000
2009-01-010.410000
2008-07-010.450000
2008-01-010.610000
2007-07-020.400000
2007-06-290.400000
2007-01-010.480000
2006-07-020.370000
2006-06-290.370000
2006-01-020.420000
2005-07-030.680000
2005-06-290.680000
2005-01-020.430000
2004-12-300.430000
2004-07-010.370000
2004-06-290.370000
2004-01-010.380000
2003-12-300.380000
2003-07-010.240000
2003-06-290.240000

Investment Objective

To achieve high current income and capital appreciation through investing in a diversified portfolio of listed securities in the Asia Pacific region

Nature and Extent of Risks

Investment involves risks. Please refer to the Explanatory Memorandum for details including the risk factors.
1. Market risk
The Sub-Fund’s investments are subject to the risks inherent in all securities, including the fact that the value of holdings may go down as well as up. In particular, dividend yields from the Sub-Fund’s investments may fluctuate up or down as a result of changes in the dividend policy of the underlying companies in which the Sub-Fund is invested. Such changes will impact the level of dividend available for distribution by the Sub-Fund.
2. Dividend paid effectively out of capital
In respect of the Income Class Units, the Manager may at its discretion pay dividend out of gross income while paying all or part of the fees and expenses attributable to the Income Class Units out of the capital of such Units, resulting in an increase in distributable income for the payment of dividend by the Income Class Units and therefore, the SubFund may effectively pay dividend out of capital. This amounts to a return or withdrawal of part of a Unitholder’s original investment in the Income Class Units or from any capital gains attributable to that original investment. Any distributions involving payment of dividend effectively out of the capital of the Income Class Units may result in an immediate reduction of its net asset value per unit.
3. Specific risks in investing in emerging markets
Various countries in which the Sub-Fund may invest, including but not limited to the following countries: China, Indonesia, Malaysia, Philippines and Thailand, are considered as emerging markets. As emerging markets tend to be more volatile than developed markets, any holdings in emerging markets are exposed to higher levels of market risk. The securities markets of some of the emerging countries in which the Sub-Fund’s assets may be invested are not yet fully developed which may, in some circumstances, lead to a potential lack of liquidity. Accounting, auditing and financial reporting standards in some of the emerging markets in which the Sub-Fund’s assets may be invested may be less vigorous than international standards. As a result, certain material disclosures may not be made by some companies. As a result, the Sub-Fund/investors may be adversely impacted.
4. Currency risk
The performance of the Sub-Fund may be affected by movements in the exchange rate between the currencies in which the Sub-Fund’s assets are held and the base currency of the Sub-Fund. The Sub-Fund will have exposure to fluctuations in currency exchange rates where it invests directly or indirectly in securities denominated in currencies other than US dollars. It may, in part, seek to offset the risks associated with such exposure through foreign exchange transactions. The markets in which foreign exchange transactions are effected are highly volatile, highly specialised and highly technical. Significant changes, including changes in liquidity and prices, can occur in such markets within very short periods of time, often within minutes. Foreign exchange trading risks include, but are not limited to, exchange rate risk, interest rate risk and potential interference by foreign governments through regulation of local exchange markets, foreign investment, or particular transactions in foreign currency. As a result, the Sub-Fund/investors may be adversely impacted.
5. Concentration Risk
The Sub-Fund’s investments may be concentrated in the markets of smaller economies and the investment performance is sensitive to movements in these markets. Therefore, the performance of the Sub-Fund may differ significantly in direction and degree from the overall global stock market performance. As a result, the Sub-Fund/investors may be adversely impacted.

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.