Fund Overview: Nikko AM Shenton Asia Dividend Equity Fund | dollarDEX
This site works best on Internet Explorer Version 10 and above

Nikko AM Shenton Asia Dividend Equity Fund

Recent price: SGD 1.366 (22-Mar-2017)
Prices shown are indicative and are usually based on prices of 2-4 dealing days earlier, and may not be exactly the price used for individual trades. Prices and returns on this page may be based on a reference price in a different currency to that of the fund dealing price. Returns experienced by individual clients may differ from those shown below. Clients should not rely on these prices for decision making. Fund prices provided by third-parties. dollarDEX does not guarantee any prices or valuations shown, and accepts no responsibility for their accuracy.
Fund description
The investment objective of the Fund is to achieve medium to long-term capital appreciation by investing primarily in equities listed in Asia ex Japan that offer attractive and sustainable dividend payments. The Fund shall seek to achieve its investment objective by investing its assets into Nikko AM Global Umbrella Trust - Asia High Dividend Equity Fund, a sub-fund of Nikko AM Global Umbrella Trust, which is registered under the Luxembourg law relating to UCITS. <p>The Nikko AM Global Umbrella Trust - Asia High Dividend Equity Fund invests primarily in dividend producing equity securities listed and traded on the stock exchanges in the countries represented in the MSCI AC (All Countries) Asia ex Japan Index (net, un-hedged).</p>
Fund manager / marketing agent
Nikko Asset Management Asia Limited moreoverview
Fund prospectus, factsheet, reports and product highlights sheet (free reader to see these)
factsheetFactsheet reportReport Product highlights sheetProduct highlights sheet prospectusProspectus
Fund performance

Add "Compare"Click to compare this fund with dollarDEX recommended funds

Indicative performance based on NAV provided by third-parties. Generally, performance includes dividends and splits since 1/1/03, if any. Does not include effect of sales charges, if any. Returns experienced by individual clients may differ from those shown below. Clients should not rely on these performance numbers for decision making. dollarDEX does not guarantee any performance numbers, and accepts no responsibility for their accuracy. Clients should check with the manager of the fund for the actual performance numbers.

Performance period
Since 12/May/2000
1-week 1-month 6-month 1-year 3-year Since
Return (%) 1.17 0.73 3.71 13.46 15.02 68.18
Annualized return (%)       13.46 4.77 3.14
Annual volatility (%)       7.62 10.83 21.06
Sharpe ratio+       1.70 0.39 0.13
Beta^       -0.39 0.30 0.96
Worst Monthly Loss (%)     2.59 2.59 8.11 20.32
Worst Annual Loss (%)         14.27 48.32
Maximum drawdown (%) What is this?          
Highest bid/NAV price 1.379 1.379 1.379 1.379 1.642 2.658
Lowest bid/NAV price 1.354 1.333 1.264 1.188 1.138 0.520
Generally, high positive Sharpe ratios indicate superior risk-adjusted performance. Ranking of funds according to negative Sharpe ratios can be unreliable.
Since start means from start of data available to dollarDEX and may not coincide with inception of fund.
Calculated using S&P 500 (SGD). See glossary for definitions.
For log scale view right click on chart image. For more charts, returns and prices, click here.
Fund details
Some information here is from fund prospectus, factsheet or fund house and is correct to the best of our knowledge. However, clients must refer to latest fund prospectus for definitive information relating to the fund. This information here is not guaranteed and should not be relied on for any investment decision.
Price frequency Daily
Pricing basis Forward
Dealing basis (subscriptions) What is this? T+0
Dealing basis (redemptions) What is this? T+0
Type Active
Sector All
Asset class Equity
Asset sub-class Mixed
Region Asia ex-Japan Peer funds
Dividend distribution option Re-investment, Cash payout
Launch price SGD 1.000
Price currency [5] SGD
Payment currency SGD
Investment type Cash, SRS
Risk (volatility) What is this? Medium High
Fund annual management & service fee [1]
(built into daily pricing, check prospectus for details)
Latest bid/NAV price SGD 1.366 (22-Mar-2017)
Latest offer price NA
Bid price changes from last available price -0.94%
Benchmark MSCI AC Asia ex Japan Index (Net)
Minimum initial investment SGD 1,000
Minimum subsequent investment SGD 500
Minimum RSP investment SGD 100
Lowest dollarDEX sales charge [2] 0.00%
Standard dollarDEX sales charge [2] 0.00%
Prospectus maximum sales charge 4.00%
Your saving on $10k investment [3] $400
dollarDEX commission as proportion of dollarDEX sales charge 0%
dollarDEX trailer fee as proportion of annual mangement fee 21.33%
Redemption charge: 0.00%
Switch-in charge [4]:
- peer-to-peer
- maximum

Cancellation: 7 calendar days, if no previous holdings

Total of fixed annual managment and service fees. Check fund prospectus for details including variable performance fees, if any, which may not be included here.
Your exact charge depends on your balance at dollarDEX and payment method. See fee structure for definitions and exceptions. Non-SGD funds may include an additional processing fee charged by dollarDEX.
Illustrative approximate saving per $10,000 invested at dollarDEX lowest sales charge compared with the same fund bought elsewhere at prospectus maximum sales charge.
Guideline only. See our pricing scheme for exact terms & conditions.
Usually same as fund dealing currency (refer to prospectus). Some funds have a SGD reference price used by Navigator.
Charges exclude GST.