Important risk disclosure

Please click here and read carefully the summary of the key features and risks specific to this fund stated in the offering document prepared by the relevant fund house before making any investment decision.

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LU0877626530
Fidelity Asia Pacific Dividend Fund (Dist.)

  • Equities
  • Asia
  • USD Cash
  • Distributing
Invest with
USD Cash
Payout type
Distributing
Risk rating
6
About this fund
Description
The Fund aims to achieve income and long-term capital growth principally through investments in income producing equity securities of companies that have their head office or exercise a predominant part of their activity in the Asia Pacific region.
Key information
Annual report
Key fact sheet
Prospectus
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
Offers investors exposure to dividend paying companies in the Asia Pacific Region. These companies are supported by strong balance sheets and have historically exhibited the greatest growth in dividends relative to other markets.
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people
People
Managed by Jochen Breuer since November 2020. Despite having only joined recently, Jochen has an established track record in managing dividend strategies as exemplified by the stellar performance of a UK-domiciled fund equivalent that he managed. He is further supported by a deep bench of 53 analysts located across Asia, with a coverage of nearly 1,000 Asia Pacific companies.
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performance
Performance
Has historically been top tier across both performance and risk metrics relative to asian income funds offered in Hong Kong, as well as its benchmark. Has also consistently delivered a running yield greater than benchmark yield and its distribution yield. Expected to outperform during periods of turbulence where markets are focused on the quality of the business, but may face challenges in exuberant markets where high growth and momentum stocks are preferred.
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process
Process
Emphasises a "pure dividend mindset" and will automatically filter out stocks with less than 2% dividend yield. Focuses on valuation and quality - in particular dividend yield and earnings persistence. Resultantly, the fund features a tilt towards these value and quality factors, as well as . overweight allocations to traditional defensive sectors such as Utilities, Consumer Staples, Telecoms and Health Care, relative to the benchmark. The above, coupled with its robust risk management and a good downside control, has worked well for the fund as evidenced by its stellar performance.
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cost
Cost
Retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
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selectionCriteria
How it fits in a portfolio
Investors looking for competitive yields and total returns within the Asia Pacific dividend space, whilst not compromising on downside protection will find this fund to be of interest Investors however, should be cognizant of the geographical concentration risk involved with investing in a region specific equity fund, and should seek to diversify holdings with exposure to other geographies and asset classes.
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Invest in this fund
Performance
Shows the total return of this distributing fund, which includes dividends paid out.
Total returns
All Time
120.58%
YTD
18.87%
1 month
2.10%
6 month
16.05%
1 year
15.79%
3 year
31.92%
5 year
45.27%
10 year
125.06%
As of Aug 2025
Distributions
3.67%
01 Sep 2025
Risk metrics
Max drawdown
-23.83%As of Aug 2025
Volatility
14.16%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-1.6%0.8%1.0%1.0%4.5%3.6%2.9%2.1%----
20242.8%-4.3%2.2%1.0%1.6%0.5%1.4%1.6%1.6%6.0%-4.4%-0.2%-3.7%
20236.7%6.5%-4.6%0.9%0.9%-5.0%3.9%3.5%-5.4%-1.7%-3.6%6.9%5.3%
2022-10.7%-0.5%-0.5%-1.0%-4.5%1.5%-6.9%1.5%-1.8%-8.7%-4.5%14.4%1.4%
20217.6%1.4%2.9%2.0%0.8%1.0%-0.9%-1.6%2.8%-3.1%0.6%-2.9%4.6%
Load more5 of 13
Top Exposures
Taiwan Semiconductor Manufacturing Co Ltd6.04%
Samsung Electronics Co Ltd5.58%
Embassy Office Parks REIT3.91%
AIA Group Ltd3.64%
HKT Trust and HKT Ltd3.47%
DFI Retail Group Holdings Ltd3.27%
Dyno Nobel Ltd3.13%
BOC Aviation Ltd Shs Unitary 144A/Reg S2.80%
Fidelity ILF - USD A Acc2.59%
Haier Smart Home Co Ltd Class H2.57%
ALS Ltd2.43%
Singapore Exchange Ltd2.43%
Evolution Mining Ltd2.41%
ENN Energy Holdings Ltd2.33%
S-1 Corp2.31%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
1.94%1.47% p.a.
Save 24%
Fund facts
ISIN
LU0877626530
Fund house
Fidelity
Fund size
US$424.6M
As of 31 Aug 2025
Fund inception date
24 Jan 2013
Fund class currency
USD
Oldest share inception date
16 Dec 2004
Pricing frequency
Daily

Warning statements

  • All investments involve risks (including the possibility of loss of the capital invested) and the price of fund units may go up as well as down.
  • Past performance is not indicative of future performance.
  • Although this fund has been authorised by the Hong Kong Securities and Futures Commission (“SFC”), it does not imply an official recommendation or endorsement by the SFC nor does it guarantee the commercial merits of the fund or its performance.
  • If you are in any doubt, you should clarify with us or seek independent professional advice.

Risk Warnings Investment involves risk. Past performance is not an indicator nor a guarantee of future performance or returns. Projected performance or returns are not guaranteed to materialise. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.

The value of the fund can be volatile and can go down substantially within a short period of time. It is possible that a certain amount or all of your investment could be lost.

Generic risk warnings relating to collective investment schemes

Funds are not a bank deposit and not capital guaranteed, and is subject to investment risks, including the possible loss of the principal amount invested. There is no assurance that a fund will have sufficient liquidity to meet redemption requests and that the fund's investment objectives and strategies will be achieved.

The funds' investment may involve substantial market, currency, volatility, liquidity, regulatory and political risks. Some funds may use derivatives, whether for hedging or for investment purposes. The risks associated with derivatives include counterparty/credit, liquidity, valuation, volatility and market risks. The fund's volatility may increase or decrease from its derivative usage and such fund may suffer losses from its derivative usage. Do not invest in these funds unless you fully understand and are willing to assume the risks associated with them.

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