|Average annualised dividend yield since inception (Dividend Yield is not guaranteed, Dividends may be paid out of the Fund’s capital)8|
|A Inc-3 USD||4.97%5|
|A Inc-3 SGD Hedged||4.97%6|
|A Inc-3 AUD Hedged IRD||5.13%6|
|A Inc-2 USD||4.27%7|
*(Dividend Yield is not guaranteed, Dividends may be paid out of the Fund’s capital)8
1Investors should note that lower volatility does not necessarily mean lower risk. 2The Fund aims to provide sustainable yield. Yield is not guaranteed, no assurance of its stability and sustainability. 3Source: Morningstar as at 30.06.19, NAV to NAV, (inclusive of all annual management fees), gross income reinvested, in USD. Sector average refers to the unweighted average of the primary share of the Singapore registered funds in the Morningstar USD Cautious Allocation sector. Volatility: the standard deviation of monthly returns. Maximum drawdown: the maximum drop from a high to a low of an investment. 4Since the launch date of the A Inc-2 share class on 30.07.13. 5A Inc-3 USD share class was launched on 31.05.16. 6A Inc-3 SGD Hedged and A Inc-3 AUD Hedged IRD share classes were launched on 31.01.17. 7A Inc-2 USD share class was launched on 30.07.13. The frequency of dividends paid from the A Inc-2 share class was changed from quarterly to monthly with effect from 01.01.17. 8Source: Investec Asset Management, as at 30.06.19. Annualised dividend yield(%): (Distribution per share/Record date NAV) x 12. Warning: Please note that a positive distribution yield does not imply a positive return. A Inc-3 and A Inc-2 share classes may distribute out of capital or effectively outof capital which amounts to a return or withdrawal of investor’s original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction of the net asset value per share. A Inc-3 and A Inc-2 share classes aim to make dividend payments to investors on a monthly basis. 9Source: Investec Asset Management, as at 30.06.19. 10Source: © 2019 Morningstar. All Rights Reserved. Data as of 30.06.19, based on A Inc-2 share class. Morningstar Rating: 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. The rating does not guarantee that the fund constituents, or fund prices will not fluctuate.
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.
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 website has not been reviewed by the Monetary Authority of Singapore. Issued by Investec Asset Management Singapore Pte Limited (Co. Reg. No. 201220398M).