LU0877626530
Fidelity Asia Pacific Dividend Fund (Dist.)

Equities
Asia
USD Cash
Distributing

Invest with

USD Cash

Payout type

Distributing

Risk rating

About this fund

Description

The Fund aims to achieve capital growth over the long term and provide income. The Fund invests at least 70% (and normally 75%) of its assets, in income producing equity securities of companies that are headquartered or do most of their business in t...

Key information

Annual report

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Product Highlight Sheet

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Prospectus

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Factsheet

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Our perspective

Why we think this fund is best-in-class

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.

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.

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 benchmarkHas also consistently delivered a running yield greater than benchmark yield and its distribution yieldExpected 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.

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.

Cost

Retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access; ORClean share class with no trailer fee to lower the cost of access for Professional Investors.

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 interestInvestors 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.Updated as of 2022/12/07

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Performance

Returns

NAV

Shows the total return of this distributing fund, which includes dividends paid out.

Total returns

Cumulative

Annualised

All Time

160.23%

YTD

8.03%

1 month

8.03%

6 month

20.45%

1 year

38.03%

3 year

44.32%

5 year

45.69%

10 year

175.95%

As of Jan 2026

Distributions

3.18%

Frequency

Monthly

02 Jan 2026

Risk metrics

Max drawdown

-23.83%As of Jan 2026

Volatility

14.12%As of Jan 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	8.0%	-	-	-	-	-	-	-	-	-	-	-
2025	29.8%	1.6%	0.8%	1.0%	1.0%	4.5%	3.6%	2.9%	2.1%	3.9%	1.9%	1.3%	1.7%
2024	2.8%	-4.3%	2.2%	1.0%	1.6%	0.5%	1.4%	1.6%	1.6%	6.0%	-4.4%	-0.2%	-3.7%
2023	6.7%	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%
Load more		5 of 14

Top Exposures

Holdings

Regions

Sectors

Taiwan Semiconductor Manufacturing Co Ltd	7.30%
Samsung Electronics Co Ltd	7.19%
AIA Group Ltd	3.91%
HKT Trust and HKT Ltd	3.60%
Dyno Nobel Ltd	3.45%
Evolution Mining Ltd	3.29%
BOC Aviation Ltd Shs Unitary 144A/Reg S	3.12%
Embassy Office Parks REIT	3.11%
DFI Retail Group Holdings Ltd	2.85%
Techtronic Industries Co Ltd	2.46%
Centurion Accommodation REIT	2.39%
ENN Energy Holdings Ltd	2.25%
Haier Smart Home Co Ltd Class H	2.19%
BGF Retail Co Ltd	2.07%
ALS Ltd	2.05%

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%1.19% p.a.

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Fund facts

ISIN

LU0877626530

Fund house

Fidelity

Fund size

US$412.9M

As of 31 Dec 2025

Fund benchmark

MSCI AC Asia Pac Ex JPN NR USD

Fund inception date

24 Jan 2013

Fund class currency

USD

Fund share class

A-MINCOME(G)-USD

Oldest share class ISIN

LU0205439572

Oldest share inception date

16 Dec 2004

Pricing frequency

Daily

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LU0877626530Fidelity Asia Pacific Dividend Fund (Dist.)

LU0877626530
Fidelity Asia Pacific Dividend Fund (Dist.)