Home / Our funds / Fund prices / All funds / Eastspring Investments - Asian Equity Income Fund - AS (hedged)
Fund objective

This Fund aims to maximize income by investing primarily in equity and equity-related securities of companies, which are incorporated, listed in or have their area of primary activity in the Asia Pacific ex-Japan Region. The Fund may also invest in depository receipts including American Depository Receipts and Global Depository Receipts, debt securities convertible into common shares, preference shares and warrants.

  • NAV
Export historical fund price

Returns

1 mth
 
1 yr
 
3 yrs
(p.a)
5 yrs
(p.a)
10 yrs
(p.a)
Since inception
(p.a)
Offer-bid-2.6%9.9%0.2%----0.4%
Bid-bid2.5%15.7%1.9%----1.6%
Benchmark3.1%17.9%3.5%----2.9%

Returns (%) as of 31-Mar-2017

(p.a.): per annum. Source: Eastspring Investments (Singapore) Limited. Returns are based in share class currency and computed on bid-bid basis with net income reinvested, if any. Offer-bid is inclusive of sales charge which is subject to changes. Since inception returns for periods less than a year are not annualised. The benchmark for the hedged class, if any, is also calculated on a hedged basis. Calendar year returns are based on the share class performance for the year, and if the share class was incepted during a particular year, the returns shown relate to the performance of the share class since its inception to the end of that calendar year.


Past performance and the predictions, projections, or forecasts on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of Eastspring Investments or any of the funds managed by Eastspring Investments. There are limitations to the use of indices as proxies for the past performance in the respective asset classes/sector.

Refer to the factsheet for more details about the fund's performance.

Fund facts

  • Asset class Equity
  • Class AS (hedged)
  • Inception date 02 Jan 2013
  • Base currency SGD
  • Benchmark index

    MSCI AC Asia Pacific ex Japan (SGD hedged)

  • Ratings

    Morningstar rating*:No rating

  • Subscription methodCash,SRS,CPFIS - OA#
  • ISINLU0865486749
  • Initial sales chargeCash - Max 5%; CPF - Max 3%
  • Annual management fees1.5%
  • Minimum initial investmentSGD 1,000+
  • Minimum subsequent investmentSGD 100
Footnote : + Subject to Distributor's terms and conditions. * Rating should not be taken as a recommendation. © 2016 Morningstar. All rights reserved.

Fund managers

  • Margaret Weir
    Portfolio Manager
    Margaret Weir

    Margaret Weir joined Eastspring Investments (Singapore) Limited, the Asian asset management business of Prudential plc, as Portfolio Manager, in November 2013.
     
    She leads the Equity Income team and is the Lead Portfolio Manager for the Equity Income strategy.
     
    Prior to joining Eastspring Investments, Margaret began her investment career at Scottish Equitable in 1984 and became Fund Manager for the Far East Unit Trust launched in 1986. Margaret’s role subsequently expanded to encompass all Asia Pacific Equity products, including some of the largest pension funds in the UK market. Promoted to Head of Pacific Equities, she led a team managing Asia Pacific Equity portfolios there for 21 years. Scottish Equitable was acquired by Aegon NV in the early 1990’s and Margaret continued to perform her role as Head of Pacific Equities up until early 2007. She relocated to Singapore to join Eastspring Investments in August 2007, and was Portfolio Manager for the Equity Income strategies for 3 years. She left the team in 2010 for family reasons, and rejoined in 2013.
     
    Margaret graduated from Strathclyde University in Glasgow with a Bachelor of Science in Technology and Business Studies.

    # Higher Risk - Narrowly Focused - Regional - Asia. The CPF interest rate for the Ordinary Account (OA) is based on the average12-month fixed deposit and savings rates published by the major local banks. Under the CPF Act, the CPF Board pays a minimum interest of 2.5% p.a. when this interest formula yields a lower rate. The interest rate for the Special Account (SA) and Medisave Accounts (MA) is pegged to the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1%, or 4% whichever is the higher. The interest rate to be credited to the Retirement Account (RA) will be the weighted average interest of the entire portfolio of Special Government Securities (SSGS) which the RA savings are invested in, which earn a fixed coupon equal to the 12-month average yield of the 10YSGS plus 1% at the point of issuance, or 4%, whichever is the higher. As announced on 30 November 2015, the Government will maintain the 4% p.a. minimum rate for interest earned on all RA monies until 31 December 2016. In addition, the CPF Board will pay an extra interest rate of 1% p.a. on the first S$60,000 of a CPF member's combined balances, including up to S$20,000 in the OA. Only monies in excess of S$20,000 in the OA and S$40,000 in the Special Account can be invested.

    This document is issued by Eastspring Investments (Singapore) Limited (UEN: 199407631H). Eastspring Investments (Singapore) Limited is the appointed Singapore Representative and agent for service of process in Singapore. This document has not been reviewed by the Monetary Authority of Singapore.

    The Fund is a sub-fund of Eastspring Investments, an open-ended investment company with variable capital (Société d’Investissement à Capital Variable or SICAV) registered in the Grand Duchy of Luxembourg, which qualifies as an Undertaking for Collective in Transferable Securities (“UCITS”) under relevant EU legislation. The Management Company of the SICAV is Eastspring Investments (Luxembourg) S.A., Grand-Duchy of Luxembourg.

    All transactions into the Fund should be based on the Singapore Prospectus and Product Highlights Sheet (“PHS”). Such documents, together with the articles of incorporation of the SICAV and the most recent financial reports, may be obtained free of charge from Eastspring Investments (Luxembourg) S.A., or at relevant Eastspring Investments business units/website and their distribution partners.

    This document is solely for information and does not have any regard to the specific investment objectives, financial or tax situation and the particular needs of any specific person who may receive this document. This document is not intended as an offer, a solicitation of offer or a recommendation, to deal in shares of securities or any financial instruments.

    Please refer to the offering documents for details on fees and charges, dealing and redemption, product features, risk factors and seek professional advice before making any investment decision. An investment in the Fund is subject to investment risks, including the possible loss of the principal amount invested. The value of shares in the Fund and the income accruing to the shares, if any, may fall or rise. Where an investment is denominated in a currency other than the base currency of the Fund, exchange rates may have an adverse effect on the value price or income of that investment. Investors should not make any investment decision solely based on this document. Investors may wish to seek advice from a financial adviser before purchasing shares of the Fund. In the event that an investor may choose not to seek advice from a financial adviser, the latter should consider carefully whether the Fund in question is suitable for him.

    Past performance and the predictions, projections, or forecasts on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of Eastspring Investments or any of the funds managed by Eastspring Investments. There are limitations to the use of indices as proxies for the past performance in the respective asset classes/sector.

    The Fund may use derivative instruments for efficient portfolio management and hedging purposes.

    Distributions are not guaranteed and may fluctuate. Past distributions are not necessarily indicative of future trends, which may be lower. Distribution payouts and its frequency are determined by the Board of Directors, and can be made out of (a) income; or (b) net capital gains; or (c) capital of the Fund or a combination of any of (a) and/or (b) and/or (c). The payment of distributions should not be confused with the Fund’s performance, rate of return or yield. Any payment of distributions by the Fund may result in an immediate decrease in the net asset value per share.

    The preceding paragraph is only applicable if the Fund intends to pay dividends / distributions.

    Eastspring Investments companies (excluding JV companies) are ultimately wholly-owned / indirect subsidiaries / associate of Prudential plc of the United Kingdom. Eastspring Investments companies (including JV's) and Prudential plc are not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.

Back to top ^

This website is intended for Singapore investors only. If you are not a Singapore investor, please visit one of our Eastspring websites by selecting the appropriate country above.

Eastspring Investments (Singapore) Limited ("Eastspring") is an ultimately wholly owned subsidiary of Prudential plc of the United Kingdom ("Ultimate Parent Company"). Eastspring and its Ultimate Parent Company are not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America. Prudential plc, incorporated and with its principal place of business in England, and its affiliated companies constitute one of the world's leading financial services groups and has been in existence for over 166 years. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world.

 

Copyright © 2012 Eastspring Investments (Singapore) Limited. All rights reserved.