LU2578576113
Fidelity Asia Pacific Dividend Fund SGD-Hedged (Dist.)

  • Equities
  • Asia
  • SGD Cash, SRS
  • Distributing
Invest with
SGD Cash, SRS
Payout type
Distributing
Risk rating
6
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
Product Highlight 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 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.
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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; ORClean share class with no trailer fee to lower the cost of access for Professional Investors.
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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 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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Invest in this fund
Performance
Shows the total return of this distributing fund, which includes dividends paid out.
Total returns
All Time
22.28%
YTD
17.03%
1 month
1.91%
6 month
14.52%
1 year
13.24%
As of Aug 2025
Distributions
3.83%
01 Sep 2025
Risk metrics
Max drawdown
-10.81%As of Aug 2025
Volatility
11.55%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-1.4%0.8%0.9%0.7%4.2%3.4%2.7%1.9%----
20241.0%-4.5%2.2%0.9%1.4%0.4%1.3%1.4%1.5%5.8%-4.6%-0.4%-3.8%
2023--0.0%0.8%0.8%-5.2%3.8%3.4%-5.7%-1.8%-3.7%6.7%5.2%
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%1.19% p.a.
Save 38%
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Fund facts
ISIN
LU2578576113
Fund house
Fidelity
Fund size
S$424.6M
As of 31 Aug 2025
Fund inception date
22 Feb 2023
Fund class currency
SGD
Fund share class
A-MINCOME(G)-SGD
Oldest share class ISIN
LU0205439572
Oldest share inception date
16 Dec 2004
Pricing frequency
Daily

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