Horizon Asian Dividend Income Fund

Aims to capture the income and capital growth potential of companies in Asia, one of the world’s fastest-growing regions

ISIN
LU1807432866

NAV
USD 8.09
As of 27/05/2020

1-Day Change
USD 0.00 (0.00%)
As of 27/05/2020

Overview

INVESTMENT OBJECTIVE

The investment objective of the Asian Dividend Income Fund is to seek an above-benchmark dividend yield from a portfolio of Asian stocks with a focus on value and long-term capital appreciation. At least two-thirds of the Fund’s total assets (after deduction of cash) will be invested in Asian equity securities and equity instruments which in the view of the Investment Manager offer prospects for above average dividends or reflect such prospects.

The Investment Manager may selectively use derivatives within the limits set forth in the Section ‘Investment Restrictions’ of this Prospectus in order to enhance yields.

Note: You should not make investment decisions based solely on marketing materials. You should read the Prospectus and the Product Highlights Sheet of the Fund for more details of the investment risks and seek independent professional advice where appropriate.

ABOUT THIS FUND

  • Well placed to tap into the region’s strong structural growth opportunities and the shift toward a more progressive dividend culture
  • Disciplined, value-driven investment process that focuses on dividend growth and high-yielding companies
  • Aims to deliver consistent, growing income streams and long-term capital appreciation

PORTFOLIO MANAGEMENT

Mike Kerley

Portfolio Manager

Industry since 1985. Joined Firm in 2004.

Sat Duhra

Portfolio Manager

Industry since 2000. Joined Firm in 2011.

Performance

ANNUAL FEES & EXPENSES (As of Fiscal Year End, 31/12/2019)
Initial Charge 5.00%
Annual Charge 1.20%
Ongoing Charge
(As of 31/12/2019)
1.91%
Performance Fee 10% of the 'Relevant Amount'

Portfolio

Top Holdings (As of 30/04/2020)
% of Fund
Taiwan Semiconductor Manufacturing 4.49
Samsung Electronics 3.81
HKT Trust & HKT 3.58
Taiwan Cement 3.44
Macquarie Korea Infrastructure Fund 3.26
Spark New Zealand 3.23
Ascendas Real Estate Investment Trust 3.20
Kweichow Moutai 3.16
Hengan International Group 3.01
China Resources Cement 2.85

Documents

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