A core portfolio income solution
An income-focused fund with attractive risk-adjusted return and reduced volatility
Attractive and sustainable yield2
Income share class with monthly dividend* donominated in HKD, USD, AUD3 or SGD3 available
A truly active multi-asset fund
Dynamic allocation across Growth, Defensive and Uncorrelated assets using proprietary bottom-up approach
*Aims to make dividend payment to investors on a monthly basis. Dividend Yield is not guaranteed, dividends may be paid out of the Funds’ capital(attention to Important Information point 4)4. Return and yield are not guaranteed, no assurance of their stability and sustainability.
Attractive risk return profile driven by managing downside risks
Risk versus return since inception5
|Share Class||Dividend frequency||
Annualised dividend yield
*(Aims to make dividend payments on a monthly/quarterly basis. Dividend yield is not guaranteed, dividends may be paid out of the Fund's capital attendtion to Important Information point 4)4
|A Inc-3 USD||Monthly||5.04%|
|A Inc-3 HKD||Monthly||5.05%|
|A Inc-2 USD||Quarterly||3.89%|
Investors should note that lower volatility does not necessarily mean lower risk. *Aims to make dividend payment to investors on a monthly basis. Dividend Yield is not guaranteed, dividends may be paid out of the Funds’ capital(attention to Important Information point 4)4. 1Source: © 2016 Morningstar. All Rights Reserved. Data as of 31 December 2016. Morningstar rating based on A Inc-2 share class. Morningstar rates mutual funds based on how well they’ve performed (after adjusting for risk and accounting for all sales charges) in comparison to similar funds, the top 10% of funds receive five stars, the next 22.5% four stars, the middle 35% three stars, the next 22.5% two stars, and the bottom 10% receive one star. 2The Fund aims to provide sustainable yield. Return and yield are not guaranteed, no assurance of their stability and sustainability. 3The investment returns are denominated in AUD/SGD. US/HK dollar-based investors are therefore exposed to fluctuations in the US/HK dollar /AUD/SGD exchange rate. 4Source: Investec Asset Management, as at 31 December 2016. Annualised dividend yield = Distribution per share/ Record date NAV)*dividend frequency. A Inc-3 share class aims to make dividend payment to investors on a monthly basis, while A Inc-2 share class aims to make dividend payment to investors on a quarterly basis. The frequency of dividends paid from the A Inc-2 share class was changed from quarterly to monthly with effect from 1 January 2017. Warning: Please note that a positive distribution yield does not imply a positive return. The Board of Directors may amend the dividend policy (including any change to dividend payment out of capital) subject to the Securities and Futures Commission’s (SFC) prior approval and by giving not less than one month’s prior notice to shareholders. The composittions of the dividends (i.e. the relative amounts paid out of net distributable income and capital)are available by the Hong Kong Representative on request and also here. 5Source: Morningstar as at 31 December 2016, NAV to NAV, (inclusive of all annual management fees but excluding any initial charges), gross income reinvested, in USD. Since launch performance figures are calculated from the launch date of the A Inc-2 share class on 30 July 2013. Peers refer to the primary share of the HK SFC authorised funds in the Morningstar USD Moderate Allocation sector, while peer group average refers to the unweighted average of the peers. Calendar year performance - Year 2013: 2.9% (since launch to end 2013); Year 2014: 3.7%; Year 2015: 0.9%; YTD (31.12.16): 4.3%. 6The internal parameters and process are subject to change, not necessarily with shareholder notification. 7Source: Investec Asset Management, as at 31 December 2016.
|Fund size||US$191.4 million|
|Initial charge||A share – Up to 5% of the amount you buy|
|Annual management fee||A share – 1.25%|
|Currency||USD, HKD, SGD & AUD|
LU1410565573 (A Inc-3 USD)
LU1410565656 (A Inc-3 HKD)
LU0953506580 (A Inc-2 USD)
LU1554042488 (A Inc-3 SGD Hedged (Reference))3
LU1554042561 (A Inc-3 AUD Hedged (IRD))3
IGAAI3U LX (A Inc-3 USD)
IGSGAI3 LX (A Inc-3 HKD)
IGSGDAG LX (A Inc-2 USD)
IGSAISH LX (A Inc-3 SGD Hedged (Reference))3
IGSAIAH LX (A Inc-3 AUD Hedged (IRD))3
The value of this investment, and any income generated from it, will be affected by changes in interest rates, general market conditions and other political, social and economic developments, as well as by specific matters relating to the assets in which it invests. The Fund’s investment objective will not necessarily be achieved and investors are not certain to make profits; losses may be made. The Fund may use or invest in financial derivatives. Past performance figures shown and any forecasts on the economy, stock or bond market, or economic trends that are targeted by the fund, are not indicative of future performance. Investment involves risks. Investors should read the Prospectus for details, including the risk factors. All the information contained in this communication is believed to be reliable but may be inaccurate or incomplete. Any opinions stated are honestly held but are not guaranteed and should not be relied upon. This is not a buy, sell or hold recommendation for any particular security. The portfolio may change significantly over a short period of time. This communication is provided for general information only. It is not an invitation to make an investment nor does it constitute an offer for sale.
In Hong Kong, this document has not been reviewed by the SFC. The full documentation that should be considered before making an investment, including the Prospectus and Product Key Facts Statement (KFS), which set out the fund specific risks, is available from Investec Asset Management. The company website has not been reviewed by the SFC and may contain information with respect to non-SFC authorized funds which are not available to the public of Hong Kong. Issuer: Investec Asset Management Hong Kong Limited.
In Singapore, The value of the shares in the fund and the income accruing to the shares, if any, may fall or rise. Potential investor should read the details of the Prospectus before deciding to subscribe for or purchase the Fund. Investment involves risk. Please refer to the Singapore Offering Documents (including the risk factors set out therein) and the relevant Product Highlights Sheet for details which are available at your bank or financial adviser. Investors may wish to seek advice from a financial adviser before making a commitment to purchase shares of the Fund. In the event that an investor chooses not to seek advice from a financial adviser, he/she should consider carefully whether the Fund in question is suitable for him/her. For more information, please contact your bank and financial advice. this document is issued by Investec Asset Management Singapore Pte Limited (company registration number: 201220398M).