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.

You should not rely solely on the information contained on this webpage to make investment decisions. You should read carefully and understand the relevant fund's offering documents before making any investment decision.

LU0630378692
HSBC GIF Asia Pacific ex Japan Equity High Dividend Fund (Dist.)

  • Equities
  • Asia
  • HKD Cash
  • Distributing
Invest with
HKD Cash
Payout type
Distributing
Risk rating
6
About this fund
Description
The Fund aims to provide capital growth and income by investing in a portfolio of Asia-Pacific (excluding Japan) shares, with a dividend yield above the MSCI AC Asia Pacific ex Japan Index.
Key information
Annual report
Key fact sheet
Prospectus
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
Active and contrarian approach to investing in the Asia Pacific ex-Japan equity market with an income focus and the ability to deliver above-benchmark dividend level.
Read more
people
People
Managed by two portfolio managers with an average of over 18 years of industry experience and supported by a deep bench of analysts situated across Asia.
Read more
performance
Performance
Tends to have a higher exposure to cyclical and growth names as compared to the income focused peers and the benchmark, thus might provide a greater upside capture in the growth-driven environment while having higher volatility and downside risk.
Read more
process
Process
High conviction fundamental approach focused on identifying companies with strong business models and the ability to grow/sustain cash flow while seeking structural and secular opportunities across industry cycles. Has a contrarian bias to be more active by identifying opportunities during price corrections and selling at peak prices. As a result of its unique approach, the Fund is one of the most concentrated amongst its peers and has a high active share.
Read more
cost
Cost
Retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
Read more
selectionCriteria
How it fits in a portfolio
Investors should take note that while the Fund does look at capital growth optionality, the focus on dividend generation might come at a cost of total return compared to investing in the broader Asian equity market. In addition, investing solely in this Fund involves taking on concentrated regional risk. Therefore, we recommend investors to consider their investment objective and diversify their holdings with exposure to other geographies and asset classes.
Read more
Invest in this fund
Performance
Shows the total return of this distributing fund, which includes dividends paid out.
Total returns
All Time
96.75%
YTD
19.60%
1 month
2.09%
6 month
20.26%
1 year
16.32%
3 year
39.06%
5 year
39.93%
10 year
114.50%
As of Aug 2025
Distributions
3.41%
29 Aug 2025
Risk metrics
Max drawdown
-32.41%As of Aug 2025
Volatility
15.94%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-0.7%-1.3%-0.4%1.4%8.2%5.1%2.4%2.1%----
20249.9%-4.0%4.3%2.3%0.7%3.9%3.4%-0.6%2.6%7.1%-4.4%-3.4%-1.6%
20239.3%8.6%-4.8%2.6%-1.1%-2.2%2.2%3.6%-3.7%-2.1%-3.6%4.9%5.5%
2022-17.7%-0.3%-1.1%0.4%-5.4%0.2%-8.6%-0.0%-0.7%-10.9%-5.7%16.6%-1.2%
20214.1%1.9%4.7%0.3%1.4%1.4%-3.1%-4.8%1.1%-0.5%-0.6%-1.8%4.4%
Load more5 of 15
Top Exposures
Taiwan Semiconductor Manufacturing Co Ltd9.88%
Ping An Insurance (Group) Co. of China Ltd Class H3.83%
Santos Ltd3.73%
Hong Kong Exchanges and Clearing Ltd3.67%
Samsung Electronics Co Ltd Participating Preferred3.52%
Baidu Inc3.48%
Budweiser Brewing Co APAC Ltd3.32%
Singapore Telecommunications Ltd3.27%
Samsung Fire & Marine Insurance Co Ltd3.27%
AIA Group Ltd2.84%
Alibaba Group Holding Ltd Ordinary Shares2.78%
Nippon Life India Asset Management Ltd Ordinary Shares2.64%
PT Bank Rakyat Indonesia (Persero) Tbk Registered Shs Series -B-2.63%
KB Financial Group Inc2.39%
SK Telecom Co Ltd2.36%
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
1.85%1.10% p.a.
Save 40%
Fund facts
ISIN
LU0630378692
Fund house
HSBC AM
Fund size
HK$413.1M
As of 09 Sep 2025
Fund inception date
01 Jun 2011
Fund class currency
HKD
Oldest share inception date
05 Nov 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.

Opinions Any forward-looking statements, prediction, projection or forecast on the economy, stock market, bond market or economic trends of the markets contained in this material are subject to market influences and contingent upon matters outside the control of Endowus HK Limited (“Endowus”) and therefore may not be realised in the future. Further, any opinion or estimate is made on a general basis and subject to change without notice. In presenting the information above, none of Endowus HK Limited, its affiliates, directors, employees, representatives or agents have given any consideration to, nor have made any investigation of the objective, financial situation or particular need of any user, reader, any specific person or group of persons. Therefore, no representation is made as to the completeness and adequacy of the information to make an informed decision. You should carefully consider (i) whether any investment views and products/ services are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances. You may also wish to seek financial advice through a financial advisor or the Endowus platform and independent legal, accounting, regulatory or tax advice, as appropriate.

Third party content ©2025 Morningstar. All Rights Reserved. The information contained here relating to a particular collective investment scheme: (1) is proprietary to Morningstar Research Pte. Limited and/or its content providers (“Information Provider(s)“) unless otherwise specified; and (2) may not be copied or distributed. Neither the Information Provider nor Endowus guarantee or endorse the accuracy, reliability, completeness or timeliness of the information, or are responsible for any damages or losses arising from any use of this information. Further, for technical reasons, certain information provided by Information Provider may be different from that supplied by the respective fund houses.

No invitation or solicitation Nothing contained on this webpage should be construed as a solicitation, recommendation or an offer by Endowus or any of its affiliates to buy or sale any security, commodity, investment or to engage in any other transaction in any jurisdiction in which such solicitation, recommendation or offer to buy or sale would be unlawful under the securities laws in such jurisdiction. No information included on this webpage is to be construed as investment advice or as a recommendation or a representation about the suitability or appropriateness of any advisory product or service; or an offer to buy or sell, or the solicitation of an offer to buy or sell, any security, financial product, or instrument; or to participate in any particular trading strategy. Investors should seek independent financial and tax advice before making any investment decision.

Product Risk Rating Please note that any product risk rating (the “PRR”) provided by us is an internal rating assigned based on our product risk assessment model, and is for your reference only. The PRR is subject to change from time to time. The PRR does not take into account your individual circumstances, objectives or needs and should not be regarded as advice or recommendation to purchase, hold or sell any fund or make any other investment decisions. Accordingly, you should not solely rely on the PRR in making your investment decision in the relevant Fund.

The contents of this webpage have not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong.

Disclaimer:

General This website has been prepared by Endowus HK Limited ("Endowus"), which is licensed (CE No. BQR225) by the Securities and Futures Commission (the "SFC") in Hong Kong pursuant to the Securities and Futures Ordinance (Cap. 571) to carry on business in Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities. You can verify this information on the SFC's website here.

Jurisdictional Disclaimers By accessing this website, you acknowledge that you are a resident of Hong Kong. This website is not intended for U.S. Persons and should not be accessed by persons located or resident any other jurisdiction where (by reason of that person's nationality, domicile, residence or otherwise) the publication or availability of this website is prohibited or contrary to local laws or regulations or would subject Endowus to any registration or licensing requirements in such jurisdictions. It is your responsibility to be aware of, to obtain all relevant regulatory approvals, licences, verifications and/or registrations under, and to observe all applicable laws and regulations of any relevant jurisdiction in connection with your access to this website.

The content contained in this website has not been reviewed by the SFC or any regulatory authority in Hong Kong and are subject to the Privacy Policy and the full disclaimer found here.