First State Investments – First State Dividend Advantage Fund

First State Investments – First State Dividend Advantage Fund Review

First State Investments – First State Dividend Advantage Fund – InterestGuru.sg Featured Income and Growth Fund

Fund objective

First State Investments – First State Dividend Advantage Fund aims to invest all or substantially all of its assets in the First State Asian Equity Plus Fund, a Dublin-domiciled fund.

Investment Strategy

First State Investments – First State Dividend Advantage Fund will invest all or substantially all of its assets in First State Asian Equity Plus Fund (the ‘Underlying Sub-Fund’) a sub-fund under the Dublin registered umbrella fund known as First State Global Umbrella Fund plc. The Underlying Sub-Fund invests primarily in securities in the Asia Pacific region excluding Japan. Such companies will be selected on the basis of their high dividend yields and their potential for long-term capital appreciation. The investment manager of the Underlying Sub-Fund will
select investments which it believes offer the potential for sustainable above-average dividend yields in addition to price appreciation. The Sub-Fund and the Underlying Sub-Fund may use financial derivative
instruments for the purposes of hedging or for efficient portfolio management.

Who is First State Investments – First State Dividend Advantage Fund suitable for?

First State Investments – First State Dividend Advantage Fund is only suitable for investors who:

• are looking for an investment over the medium to long-term
• want to invest in a fund that that has exposure to the economies of the Asia Pacific region
• want to invest in a fund with exposure to high dividend yielding equities with potential for long-term capital appreciation
• are willing to accept the risk associated with equity investment

Dividend or Income payout frequency:

For additional assessments on product suitability, please obtain professional advice from a qualified Financial Adviser.

What are the key risks of First State Investments – First State Dividend Advantage Fund?

The value of First State Investments – First State Dividend Advantage Fund and its dividends and coupons (if any) may rise or fall. You may lose some or all of your investment depending on the performance of the underlying securities. Factors that may affect the performance of these securities include, without limitation, market risks, fluctuations in interest rates and foreign exchange rates, political instability, exchange controls, changes in taxation and foreign investment policies.

Some of the key risks associated with First State Investments – First State Dividend Advantage Fund are described below:

Market and Credit Risks

• You are exposed to market risks in Asia Pacific
• You are exposed to currency risk

Liquidity Risks

• You are exposed to liquidity risk
• The Fund is not listed in Singapore and you can redeem only on Dealing Days

Product-Specific Risks

• You are exposed to investment risk
• You are exposed to emerging market risk
• You may be exposed to risks of distributions out of capital
• You are exposed to small capitalisation/mid-capitalisation companies risk
• You are exposed to China market risks
• You are exposed to equity linked notes risks
• You are exposed to charges against capital risks

Investment Fees and Charges

For a limited time (Until 31 Dec 2023), speak to a MAS licensed licensed financial adviser which has committed to offering our readers a flat 1% Subscription fee (Initial Sale Charge) for all Unit Trust Funds investment.

Learn more about the limited time offer on 1% Initial Sales Charge. Terms and conditions may apply.

Where can I get more details about First State Investments – First State Dividend Advantage Fund

• First State Investments – First State Dividend Advantage Fund Fact Sheet (Open in New Window)
• First State Investments – First State Dividend Advantage Fund Product Highlight Sheet (Open in New Window)
• Speak to a licensed licensed financial adviser

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