Important Information

      I. Value Partners Asian Income Fund (The “Fund”) invests primarily in Asian equity and/or fixed income securities including convertible bonds and to deliver lower portfolio volatility.
      II. The Fund is subject to concentration risk as a result of the concentration of its investments in the Asian markets. The Fund may be more volatile than a broadly based fund as it is more susceptible to fluctuation in value resulting from adverse conditions in the Asian market.
      III. The Fund may invest in small and mid-capitalization companies. The stocks of such companies may have lower liquidity and their prices are more volatile to adverse economic developments than those of larger capitalization companies in general.
      IV. The Fund may invest in debt securities including those that are below investment grade/unrated, and may involve greater risks, including credit risk, issuer-specific risk, counterparty risk and sovereign debt risk. The Fund may also invest in derivatives which can involve material risks, e.g. counterparty default risk, insolvency or liquidity risk. All these may expose the Fund to significant losses.
      V. Investment in fixed income securities may include contingent convertible bonds whose structure is innovative and untested. These instruments may be subject to conversion risk e.g. compulsory conversion by the issuer upon uncontrollable triggering events and hence the Fund may experience losses.
      VI. In respect of the distribution units for the Fund, the Manager currently intends to make monthly dividend distribution. However, the distribution rate is not guaranteed. Distribution yield is not indicative of the return of the Fund. Distribution may be paid from capital of the Fund. Investors should note that where the payment of distributions are paid out of capital, this represents and amounts to a return or withdrawal of part of the amount you originally invested or capital gains attributable to that and may result in an immediate decrease in the value of units.
      VII. You should not make investment decision on the basis of this material alone. Please read the explanatory memorandum for details and risk factors.
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Awarded Best Fund Provider for Multi-Asset Solution by Asian Private Bankers1

Flexibly invests across Asian stocks and bonds,
with monthly payouts of around 6.2%2 p.a.

(Aims to make monthly dividend distributions. Actual dividend payouts are not guaranteed and dividends may be paid out of the capital of the Fund.)
Please refer to Important Information VI
Earned 4-Star Morningstar rating3
What do you get from investing in the Value Partners Asian Income Fund?
A risk-managed approach to capture attractive valuation from equities

  • The Value Partners Asian Income Fund adopts a dynamic approach to asset allocation. While the Fund can allocate up to 70% to equities to capture capital growth opportunities, it also actively manages risks arising from equities, interest rates, and currencies to mitigate the impact of market volatility on the Fund. It allows investors to capture attractive valuation opportunities from equities and credit in a risk-controlled manner.
Dynamic Allocation to capture upside from equities & manage risks
Dynamic and flexible allocation to achieve capital appreciation

  • Growth opportunities appear at different places at different times. For example, technology and stay-home entertainment delivered strong growth during Covid-19 but lost their shine as the world gradually re-opened. Growth moved into materials and energy, gaining from rising inflation and commodity prices. Our flexible and active approach allow investors to capture strong growth opportunities wherever and whenever they arise.
Increased Allocation to Growth Sectors4 to capture strong capital growth brought by stay-home economy and the V-shape recovery of Covid-19
Attractive and Sustainable Income – latest payout of 6.2%2 for the USD share class

  • Asia continues to offer the highest yields in both equities and credit across major regions. It also offers investors the highest number of income opportunities: close to half of the stocks yielding more than 4% in dividends worldwide are found in Asia.
  • The latest payout of the USD share class of the Fund is above 6%2, supported by healthy cashflows generated from dividends and coupons of a diversified portfolio of Asian equities and bonds of companies with quality businesses, strong management teams, and attractive valuations.
Number of stocks with dividend yield >4% in MSCI AC World by region

Source:Source: FactSet, MSCI, Value Partners, as of October 2022.

Learn more about Value Partners Asian Income Fund:
For more details, please contact your bank or investment consultant. You may also contact our Fund Investor Services Team.

Hotline: +852 2143 0608
Other fund in focus:
Related investment insights:
1. Asian Private Banker's 9th annual Asset Management Awards for Excellence 2022. 2. Refers to Class A USD MDis. Source: Value Partners. Average annualized yield is the average of annualized yields calculated monthly since inception to 31 October 2022. Annualized yield is calculated as follows: (Latest dividend amount/NAV as at ex-dividend date) x 12. Investors should note that yield figures are estimated and for reference only and do not represent the performance of the Fund, and that there is no guarantee as to the actual frequency and/or amount of dividend payments. The manager intends to declare and pay monthly dividends equal to all or substantially all of the net income attributable to each of the Distribution Classes. However, there is neither a guarantee that such dividends will be made nor will there be a target level of dividend payout. No dividends will be paid with respect to the Accumulation Classes. Distribution may be paid from capital of the Fund. Investors should note that where the payment of distributions are paid out of capital, this represents and amounts to a return or withdrawal of part of the amount that have been originally invested or capital gains attributable to that and may result in an immediate decrease in the value of units. Please refer to the Explanatory Memorandum for further details including the distribution policy. 3. © Morningstar 2022. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. 4. Growth Sectors include Consumer Discretionary, Information Technology and Communication Services. 5. Broad market is represented by the MSCI AC Asia Pacific ex Japan Index. Investors should note investment involves risk. The price of units may go down as well as up and past performance is not indicative of future results. Investors should read the explanatory memorandum for details and risk factors in particular those associated with investment in emerging markets. Investors should seek advice from a financial adviser before making any investment. In the event that you choose not to do so, you should consider whether the investment selected is suitable for you. SFC authorization is not a recommendation or endorsement of a scheme nor does it guarantee the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors. This material has not been reviewed by the Securities and Futures Commission of Hong Kong. Issuer: Value Partners Hong Kong Limited.