Nikko AM Shenton Singapore Dividend Equity Fund SGD - Fund Fact Sheet

SINGAPORE DIVIDEND EQUITY FUND
June 2021 Factsheet
Investment Objective Fund Details

The investment objective of the Fund is to achieve medium to long term capital
appreciation. The Fund invests primarily in equities listed on the Singapore Base Currency SGD
Exchange Securities Trading Limited that offer attractive and sustainable Fund Size @
SGD393.36 million
dividend payments with the potential for long term capital appreciation and
may also invest in non-Straits Times Index (FTSE STI) component stocks as well as Initial Sales Up to 5.00%
equities listed outside of Singapore with similar characteristics. Charge
Management 1.25% p.a.
Fee
Performance (%)
Benchmark^ Nil
Since
Share Class 3M 6M 1Y 3Y 5Y Inception Subscription
NAV-NAV 0.48 8.40 22.77 3.75 6.60 4.11 SGD Cash, SRS, Regular
Savings Plan (RSP)
SGD NAV-NAV
(with -4.54 2.98 16.63 1.99 5.51 3.87 USD Cash
charges1) Minimum Initial
NAV-NAV 0.40 6.49 27.41 4.24 6.62 5.40 Investment
USD NAV-NAV SGD SGD 1,000
(with -4.62 1.17 21.04 2.47 5.53 5.16 USD USD 1,000
charges1)
Minimum
Source: Nikko Asset Management Asia Limited as of 30 June 2021. Subsequent
Returns are calculated on a NAV-NAV basis and assuming all dividends and Investment
distributions are reinvested, if any. Returns for period in excess of 1 year are SGD SGD 100
annualised. Past performance is not indicative of future performance. USD USD 100
1
Takes into account of maximum initial sales charge and a realisation charge, Minimum Initial
currently nil, as and where applicable. Investment - RSP
SGD SGD 1,000
@
Refers to all classes of the Fund.
Minimum
Subsequent
Investment - RSP
SGD SGD 100/month
www .n i kko am .c o m.sg 1

Fund Holdings
Top 5 Holdings Weight
DBS GROUP HOLDINGS LTD 9.4%
UNITED OVERSEAS BANK LTD. (SINGAPORE) 8.9%
OVERSEA-CHINESE BANKING CORPORATION LIMITED 8.9%
KEPPEL CORPORATION LIMITED 5.8%
SINGAPORE EXCHANGE LTD. 4.8%
Sector Allocation Country Allocation
Financials 32.1%
Singapore 87.0%
Real Estate 20.2%
Industrials 19.4% Hong Kong 6.0%
Consumer Staples 8.9%

Thailand 2.7%
Information Technology 5.1%
Utilities 3.7% Malaysia 1.3%

Others 7.6%
Cash and/or Derivatives 3.0%
Cash and/or Derivatives 3.0%
0% 20% 40% 0% 50% 100%
Cash in allocation charts includes cash equivalents.

Percentages of allocation may not add to 100% due to rounding error.
Fund Characteristics
Number of Sharpe Ratio Standard Deviation (%)
Share Class
Holdings (3 years - Annualised) (3 years - Annualised)
42 SGD 0.16 16.40
USD 0.16 19.33
Fund Information
Share Class Inception Date NAV ISIN Bloomberg Ticker
SGD 2 August 1999 SGD 1.47 SG9999003826 DBSSINE SP
USD 2 August 1999 USD 1.094 SG9999003925 DBSSINU SP
Source: Nikko Asset Management Asia Limited as of 30 June 2021.
www .n i kko am .c o m .sg 2

The Singapore Dividend Equity Fund ceased to be included under the CPF Investment Scheme ("CPFIS") from 31 January 2008.
^ With effect from 1 November 2017, the benchmark for the Singapore Dividend Equity Fund (i.e. Straits Times Index) has been
removed and there will no longer be any benchmark for the Fund. This is because pursuant to the investment objective of this
Fund, this Fund is managed on a total return basis and as such, it does not seek to outperform any benchmark. Prior to 1 July
2001, the benchmark was DBS 50 Index.
Important Information
The Central Provident Fund (“CPF”) Ordinary Account (“OA”) interest rate is the legislated minimum 2.5% per annum, or the 3-
month average of major local banks' interest rates, whichever is higher, reviewed quarterly. The interest rate for Special Account
(“SA”) is currently 4% per annum or the 12-month average yield of 10-year Singapore Government Securities plus 1%, whichever
is higher, reviewed quarterly. Only monies in excess of $20,000 in OA and $40,000 in SA can be invested under the CPF
Investment Scheme (“CPFIS”). Please refer to the website of the CPF Board for further information. Investors should note that the
applicable interest rates for the CPF accounts and the terms of CPFIS may be varied by the CPF Board from time to time.
This document is purely for informational purposes only with no consideration given to the specific investment objective,
financial situation and particular needs of any specific person. It should not be relied upon as financial advice. Any securities
mentioned herein are for illustration purposes only and should not be construed as a recommendation for investment. You
should seek advice from a financial adviser before making any investment. In the event that you choose not to do so, you
should consider whether the investment selected is suitable for you. Investments in funds are not deposits in, obligations of,
or guaranteed or insured by Nikko Asset Management Asia Limited (“Nikko AM Asia”).
Past performance or any prediction, projection or forecast is not indicative of future performance. The Fund or any
underlying
underlying fund may use or invest in financial derivative instruments. The value of units and income from them may fall or
rise. Investments in the Fund are subject to investment risks, including the possible loss of principal amount invested. You should
read the relevant prospectus (including the risk warnings) and product highlights sheet of the Fund, which are available and may
be obtained from appointed distributors of Nikko AM Asia or our website (www.nikkoam.com.sg) before deciding whether to
invest in the Fund.
The information contained herein may not be copied, reproduced or redistributed without the express consent of Nikko AM Asia.
While reasonable care has been taken to ensure the accuracy of the information as at the date of publication, Nikko AM Asia does
not give any warranty or representation, either express or implied, and expressly disclaims liability for any errors or omissions.
Information may be subject to change without notice. Nikko AM Asia accepts no liability for any loss, indirect or consequential
damages, arising from any use of or reliance on this document. This advertisement has not been reviewed by the Monetary
Authority of Singapore.
For Hong Kong Investors

The Fund is only offered to professional investors and is not authorized by the Securities and Futures Commission in Hong Kong.
The contents of this document have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise
caution in relation to this document. If you are in any doubt about any of the contents of this document, you should obtain
independent professional advice.
Morningstar Rating: © Morningstar 2021. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar
and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely.
Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Past performance is no guarantee of future results.
Nikko Asset Management Asia Limited. Registration Number 198202562H
www .n i kko am .c o m.sg 3

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SINGAPORE DIVIDEND EQUITY FUND

June 2021 Factsheet

Investment Objective Fund Details

www .n i kko am .c o m.sg 1

Sector Allocation Country Allocation

Industrials 19.4% Hong Kong 6.0%

Consumer Staples 8.9%

Utilities 3.7% Malaysia 1.3%

0% 20% 40% 0% 50% 100%

Cash in allocation charts includes cash equivalents.

Source: Nikko Asset Management Asia Limited as of 30 June 2021.

www .n i kko am .c o m .sg 2

For Hong Kong Investors

Nikko Asset Management Asia Limited. Registration Number 198202562H

www .n i kko am .c o m.sg 3

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