First State Asian Property Securities Fund I Dis USD

首域亞洲房地產基金 I類 Dis 美元

IE00B1G9TM23

Risk Rating: Level 5

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

Secure Transaction

Derivatives knowledge not required

HKD15,000.00Min. Subscription

Up to 3%

HKD10,000.00Min. Subscription

USD

HKD15,000.00Min. Subscription

HKD15,000.00

HKD15,000.00

Daily

16:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
-0.45%
3 mth
+1.83%
6 mth
+2.22%
1 yr
+12.66%
3 yr
+26.39%
5 yr
+23.11%

Analytical Figures (3 years)

Annualized Return
+8.12%
Annualized Volatility
+10.94%
Sharpe Ratio
+0.54

Fund Information

Fund Houses
First State Investments
Launch Date
2007-07-02
Fund Manager
Stephen Hayes
Manager Start Date
2012-09-01
Geographical Focus
Asia
Asset Class/ Sector
Equity - Traditional sectors
Risk Rating
Risk Level 5

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 2019-11-18)
USD 7,584,771.42
Management Fee
Up to 3%
Latest Dividend
USD 0.114200 (2019-08-07)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD15,000.00Min. Subscription

Up to 3%

HKD10,000.00Min. Subscription

USD

HKD15,000.00Min. Subscription

HKD15,000.00

HKD15,000.00

Daily

16:30

-

Dividend Records

Dividend DateDividend Records (USD)
2019-08-070.114200
2019-02-130.104000
2018-08-080.122000
2018-02-070.103800
2017-08-090.099900
2017-02-150.088058
2016-08-100.093000
2016-02-150.074800
2015-08-120.094990
2015-02-110.060900
2014-08-130.095700
2014-02-120.078900
2013-08-140.088600
2013-02-180.099000
2012-08-150.095800
2012-02-150.080900
2011-08-180.101700
2011-02-160.082300
2010-08-170.085800
2010-08-160.085800
2010-02-220.087500
2009-08-170.084500
2009-02-160.123400
2008-08-180.137700
2008-02-190.148900
2008-02-180.148900

Investment Objective

The investment objective of the Fund is to achieve a total investment return consistent with income and long term capital growth.

Nature and Extent of Risks

Investment involves risks. Please refer to the offering document for details including the risk factors.
1.Investment Risk
Investment in shares involves risk. The value of shares in the Fund may rise or fall and you may not get back the full amount you invested. Past performance of the Fund is not a guide to future performance.
2.Market Risk
Certain situations may have a negative effect on the price of shares within a particular market. These may include regulatory changes, political changes, economic changes, technological changes and changes in the social environment.
3.Emerging Market Risk
Investing in shares in emerging markets (countries considered to have social or business activity in the process of rapid growth and development) may involve a greater risk than investing in shares in developed markets. These risks may include sharp price movements, liquidity risk and currency risk.
4.Real Estate Fund Risk
Although the Fund will not invest in real property directly, the Fund may be subject to risks similar to those associated with the direct ownership of real property. Investing in real estate related assets and securities may expose the Fund to additional risks. The value of the Fund may be impacted by operations and management of the underlying properties and changes in economic conditions. Investors should note that the underlying REITs of the Fund may not necessarily be authorised by the SFC and the dividend policy of the Fund is not representative of the dividend policy of the underlying REITs.
5.Single Sector Risk
Investing in shares in a single sector may open the Fund to greater risks. This may cause the value of the Fund to rise or fall more than it would if the Fund invested in multiple sectors.
6.Liquidity Risk
The Fund may not be able buy or sell its assets in a timely manner and/or at a reasonable price as not all the fixed income securities the Fund invests in are listed or rated on an exchange, as a result liquidity may be low.
7.Currency Risk
The Fund may buy shares in various currencies. The value of shares in the Fund may be impacted due to changes in the exchange rates of currencies which are different from the base currency of the Fund.
8.Derivatives Risk
The Fund may use FDIs for purposes of hedging and efficient portfolio management. FDIs that are not traded on an exchange are subject to, among others, liquidity risk (i.e. the risk that the Fund may not be able to close out a derivative position in a timely manner and/or at a reasonable price) and counterparty risks (i.e. the risk that a counterparty may become insolvent and therefore unable to meet its obligations under a transaction). In adverse situations, the use of FDIs may become ineffective in achieving hedging or efficient portfolio management and the Fund may suffer significant losses.
9.Risks associated with paying fees and expenses out of capital
Payment of fees and expenses out of capital to increase distributable income amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any distributions involving payment of dividends effectively out of the Fund’s capital may result in an immediate decrease of the Net Asset Value per Share.

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