Fund Rationale: Aberdeen Standard SICAV I - Global Dynamic Dividend Fund

Aberdeen Standard SICAV I - Global Dynamic Dividend Fund
SGD Hedged Retail Accumulation Shares (ISIN: LU2237443978)
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Endowus have selected the Fund for its ability to generate attractive income while offering broad market recognition with little structural bias.


Key Information

Fund Objective: Aims to achieve income combined with long-term capital growth by investing at least two-thirds of its assets in equities and equity-related securities of companies globally.

Suitability: Investors who seek income combined with capital appreciation and are willing to accept a medium-level risk, who may use the Fund as a stand-alone equity investment or part of a core equity investment, and have a long-term investment horizon.

* Total Fund-level Fees include fund management fee of 1.50%.
** Endowus do not charge a preliminary sales charge or any other additional fees, other than the all-in Endowus Access Fee.

Fund Characteristics

Fund Inception: 1 January 2013
Share Class Inception: 14 October 2020
Benchmark: MSCI All Country World Index

Fund AUM: SGD 29.2m
Source: MorningStar as of 15 March 2021. Please refer to the FMC page for the most updated AUM.

Regional Allocation:

Sector Allocation:

Source: MorningStar as of 31 January 2021. Allocation data indicate actual exposure as a percentage of the Fund's total Net Asset Value. Please refer to the Fund Manager Page for the most updated information on Fund Holdings and Breakdown.

Selection Criteria

Endowus have selected Aberdeen Standard SICAV I - Global Dynamic Dividend Fund for its ability to realise dual objectives: to generate attractive income while offering broad market recognition with little structural bias. The strategy targets a yield payout of 6-7% per year. This payout objective is the highest amongst its peers, and it does so through a core sleeve (95% of NAV) allocating to dividend paying stocks, and a high turnover, dividend capture sleeve participating in special dividend events. Therefore, it has lesser structural biases in its portfolio construction, as would usually exist in a traditional dividend-centric equity strategy. Since the strategy’s inception, it has delivered a market-like total return while its peers have mostly underperformed the global market by a big margin. It has realised a volatility that is slightly above the market. 

Updated by Endowus: March 2021

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Investment involves risk. 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. Past performance is not an indicator nor a guarantee of future performance. 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.

Please note that the above information does not purport to be all-inclusive or to contain all the information that you may need in order to make an informed decision. The information contained herein is not intended, and should not be construed, as legal, tax, regulatory, accounting or financial advice.