Value Partners Fund Series –
Value Partners Asian Innovation Opportunities Fund
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Risk Disclosure
- Value Partners Asian Innovation Opportunities Fund (the “Fund”) invests predominantly in Asian equity and/or fixed income securities of companies that are related to innovative technologies or business innovations.
- The Fund’s investments are concentrated in the Asian market and therefore subject to emerging market risks. Generally, investments in emerging markets are more volatile than investments in developed markets due to additional risks relating to political, social, economic and regulatory uncertainty.
- The Fund is also subject to concentration risks due to its concentration in in the sectors relating to innovative technology or business innovation. Such companies are characterised by relatively higher uncertainty and volatility in price performance when compared to other economic sectors.
- The Fund may invest in small and mid-capitalisation companies. The stocks of such companies may have lower liquidity and their prices are more volatile to adverse economic developments than those of larger capitalisation companies in general.
- The Fund may invest in unrated or below investment grade bonds and financial derivative instruments. The Fund is therefore exposed to additional risks, including volatility risk, valuation risk, leverage risk, liquidity risk, correlation risk, counterparty/credit risk, legal risk, over-the-counter transaction risk and settlement risk.
- In respect of the distribution classes 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 of the net asset value per unit of the Fund.
- 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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Performance
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Fund Facts
Investment objective
To maximise return and income by investing primarily (i.e. not less than 70% of its Net Asset Value) in Asian equity and/or fixed income securities relating to Asian companies that are listed, or have their registered offices in Asia or that generate a predominant share of their sales and/or their profits in Asia which are related to innovative technologies or business innovations including but not limited to information technology, consumption services, healthcare and financials.
Fund manager Value Partners Hong Kong LimitedTrustee and Registrar HSBC Institutional Trust Services (Asia) Limited
Custodian The Hongkong and Shanghai Banking Corporation Limited
Launch date 26-02-2019
Fund size Available share classes Class A:
Acc classes – USD Unhedged, HKD Unhedged, SGD Hedged
MDis Hedged classes – AUD, CAD, GBP, NZD, RMB, SGD
MDis Unhedged classes – USD, HKDMinimum subscription USD10,000 or equivalent
Minimum subsequent subscription USD5,000 or equivalent
Subscription fee Up to 5%
Management fee 1.50% per annum
Redemption fee NilDealing frequency Daily
Dividend policy* Monthly distribution, if any (MDis)
*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.
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.
Due to SFC regulations, no performance data is shown for funds which are less than six months old.
Please note that investment involves risks. The unit price of the Funds may go down as well as up and the past performance of the Funds does not indicate future return. Investors should refer to the explanatory memorandum of the Funds for further details and the risk factors in particular those involved in investing in emerging markets prior to the subscription of the units of the Fund.
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Documents
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Historical Prices
Date Class A USD Unhedged Acc Class A AUD Hedged MDis Class A CAD Hedged MDis Class A HKD Unhedged Acc Class A HKD Unhedged MDis Class A NZD Hedged MDis Class A RMB Hedged MDis Class A SGD Hedged Acc Class A SGD Hedged MDis Class A USD Unhedged MDis Date Class A USD Unhedged Acc Class A AUD Hedged MDis Class A CAD Hedged MDis Class A HKD Unhedged Acc Class A HKD Unhedged MDis Class A NZD Hedged MDis Class A RMB Hedged MDis Class A SGD Hedged Acc Class A SGD Hedged MDis Class A USD Unhedged MDis -
Dividend History
Dividend history of - Class A AUD Hedged MDis
Ex-dividend date Ex-dividend date NAV ( ) Dividend per unit ( )* Annualized yield# Dividend history of - Class A CAD Hedged MDis
Ex-dividend date Ex-dividend date NAV ( ) Dividend per unit ( )* Annualized yield# Dividend history of - Class A HKD Unhedged MDis
Ex-dividend date Ex-dividend date NAV ( ) Dividend per unit ( )* Annualized yield# Dividend history of - Class A NZD Hedged MDis
Ex-dividend date Ex-dividend date NAV ( ) Dividend per unit ( )* Annualized yield# Dividend history of - Class A RMB Hedged MDis
Ex-dividend date Ex-dividend date NAV ( ) Dividend per unit ( )* Annualized yield# Dividend history of - Class A SGD Hedged MDis
Ex-dividend date Ex-dividend date NAV ( ) Dividend per unit ( )* Annualized yield# Dividend history of - Class A USD Unhedged MDis
Ex-dividend date Ex-dividend date NAV ( ) Dividend per unit ( )* Annualized yield# *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.
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.
Due to SFC regulations, no performance data is shown for funds which are less than six months old.
Please note that investment involves risks. The unit price of the Funds may go down as well as up and the past performance of the Funds does not indicate future return. Investors should refer to the explanatory memorandum of the Funds for further details and the risk factors in particular those involved in investing in emerging markets prior to the subscription of the units of the Fund.