Nikko AM Japan Dividend Equity Fund - SGD Hedged
Equity
Recent Price
Fund description
The investment objective of the Fund is to provide a total return of capital growth and income over the medium to long term by investing in equity investments listed and traded on the Tokyo Stock Exchange. The Fund’s investment focus is to invest in a diversified portfolio of dividend producing equity investments listed and traded on the Tokyo Stock Exchange that offer attractive and sustainable dividends from companies with relatively strong sustainable cash flows, stable growth and stable dividend payout. The Fund will be actively managed and may allocate up to 30% of its NAV to cash to manage any downside market fluctuations and hence its investment approach will not be relative or constrained to its benchmark. (Please note that for the S$ Hedged and US$ Hedged Class Units, the Managers intend to hedge the currency exposure of the assets of the Fund attributable to the S$ Hedged and US$ Hedged Class Units into Singapore and US dollars through the use of currency forwards.)
Fund Performance
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.
Return
1 week
-0.18
1 month
-1.92
6 months
0.34
1 year
17.63
3 years
64.55
Since start *
241.11
Annualized Return %
1 week
1 month
6 months
1 year
17.63
3 years
18.06
since start *
11.71
Annual Volatility %
1 week
1 month
6 months
1 year
10.21
3 years
10.53
since start *
13.15
Sharpe ratio +
1 week
1 month
6 months
1 year
1.68
3 years
1.67
since start *
0.85
*Since start means from start of data available to dollarDEX and may not coincide with inception of fund.
Performance chart
Fund details
| Price frequency | Daily |
| Pricing basis | Forward |
| Dealing basis (subscriptions) What is this? | T+0 |
| Dealing basis (redemptions) What is this? | T+0 |
| Sector | All |
| Asset class | Equity |
| Asset sub-class | Mixed |
| Region | Japan Peer funds |
| Dividend distribution option | Re-investment, Cash payout |
| Launch price | SGD 1.00000 |
| Price currency [1] | SGD |
| Payment currency | SGD |
| Investment type | Cash, CPF-OA, SRS |
| Risk (volatility) What is this? | Medium High |
|
Fund annual management & service fee
[2] (built into daily pricing, check prospectus for details) |
1.500% |
| Latest bid/NAV price | SGD 1.74000 (3-Oct-2024) |
| Bid price changes from last available price | +0.95% |
| Benchmark | NA |
| Minimum initial investment | SGD 1,000 |
| Minimum subsequent investment | SGD 500 |
| Minimum RSP investment | SGD 100 |
1 Usually same as fund dealing currency (refer to prospectus). Some funds have a SGD reference price used by Navigator.
2 Total of fixed annual management and service fees. Check fund prospectus for details including variable performance fees, if any, which may not be included here.