The APE Feeder Fund allows you to invest in one of the most promising economic regions in the world.
The SB Asia Pacific Equity Feeder Fund aims to invest in companies that can achieve long-term, stable, and above-market earnings growth through a Target Fund. The Fund selects companies by performing bottom-up research mainly focusing on the business model, management ability, and financial stability criteria. The Fund aims to track its benchmark (gross of fees) which will be a composite of 90% of the benchmark of the Target Fund and 10% Overnight USD SSA.
SB Asia Pacific Equity Feeder Fund is suitable for investors who:
|Fund Type||Equity Fund|
|Inception Date||January 16, 2018|
|Benchmark||MSCI AC Asia Pacific ex Japan Total Index|
|Initial NAVPU||USD 1.00|
|Business Day||A day (other than a Saturday or Sunday) on which banks are generally open for the transaction of business in Manila, Philippines and is a Banking Day of the Target Fund|
|Order Date (T-1)||One Business Day before the Trade Date within the Subscription/ Redemption Cut-off Time|
|Trade Date (T)||A Business Day where the subscription/ redemption order is executed. Trade Date is one Business Day after the Order Date|
|Redemption & Subscription Cut-Off Time||Up to 1:30pm of any Business Day|
|Subscription Settlement Date||On Order Date|
|Redemption Settlement Date||Up to seven (7) Business Days after receipt of Redemption Notice and/or Redemption Confirmation within the Redemption Cut-Off Time|
|Valuation Date||The Business Day at which the Fund’s assets are valued. In case of Subscription and/or Redemption, the Valuation Date is the Trade Date|
|Trust Fee (p.a.)||Class A: 1.25% Class B: 0.90% Class F: 0.90%|
Fund is not yet available in Security Bank Online
Applicable holidays for this Fund: Luxembourg, London, US, Tokyo, & Philippines
|Class||Minimum Initial Participation||Minimum Subsequent Participation||Minimum Redemption||Minimum Holding Amount|
Class A – This Unit Class is open to all individuals and institutions and it is recommended but not limited to those who want to invest in small amounts. This is for individuals and Institutions looking for the flexibility to be able to invest in small amounts with no commitments of additional future subscriptions.
Class B – This Unit Class is only open to institutional investors that are duly registered with Securities and Exchange Commission and existing under the laws of the Philippines, such as partnerships, corporations, government financial institutions, educational institutions, organizations, and foundations, all subscribing on their own behalf, and the structures which such Institutional investors put into place for the management of their own assets. This is for institutions who deal in very large amounts and foresee themselves making very large individual transactions.
Class F – This Unit Class is open to individual investors that meet the Minimum Initial Participation required for the F Unit Class. This is primarily intended for High Net Worth Individuals looking to invest in the amount of USD 5,000 and above and foresee themselves making additional investments in the amount of USD 1,000 and above.
*High Net Worth (HNI) refers to a Wealth Management customer
|Benchmark||MSCI AC Asia Pacific ex Japan|
|Inception Date||December 2013|
|Fund Based Currency||USD|
|Fund Manager||Kenichi Takano|
|Target Fund||MUFG Asia Pacific ex Japan Equity Stable Growth Fund|
|Total Target Fund Fee||0.90%|
|Alibaba Group (ADR)||China||7.6%|
|Taiwan Semiconductor (ADR)||Taiwan||6.2%|
|Samsung Electronics (GDR)||Korea||5.2%|
|AIA Group||Hong Kong||3.7%|
|China Yuhua Education||China||2.9%|
|Ping An Insurance Group||China||2.9%|
|HDFC Bank (ADR)||India||2.0%|
*Past performance is not a reliable indicator of future results. Returns may increase or decrease as a result of currency fluctuations. All performance data is calculated NAV to NAV, net of fees, and does not take account of costs incurred by the issue and redemption of units.
*For reference purposes only and not guaranteed.
Interest Rate Risk – The possibility of an investment to experience losses due to change in interest rates.
Market/Price Risk – The possibility for an investor to experience losses due to changes in the market prices.
Liquidity Risk – The possibility for an investor to experience losses due to inability to sell or convert assets into cash immediately or in instances where conversion to cash is possible but at a loss.
Credit Risk/Default Risk – The possibility for an investor to experience losses due to borrower’s failure to pay principal and/or interest in a timely manner.
Reinvestment Risk – The possibility of having lower returns of earnings when maturing funds or the interest earnings of funds are reinvested.
Foreign Exchange Risk – The possibility of an investment to experience losses due to fluctuations in foreign exchange rates.
Country Risk – The possibility of an investment to experience losses from an investment in a security issued by a foreign country due to changes in political, economic, and or social structures.
Other Risks – For Feeder Funds, the possibility of an investment to experience losses due to the Target Fund investing in emerging markets that may carry a higher risk than developed markets.
The contents herein are intended for general information purposes only and should not be used as basis for making decisions nor should it be regarded as a substitute for specific professional advice. No representation or warranty as to its accuracy, reasonableness, or completeness, express or implied, is hereby made. The views and opinions expressed in this article does not pertain to the any opinion, representation or position of SBC Trust in whole or in part. SBC Trust denies any liability that may arise out of any loss or may result in actual, direct, indirect, special, incidental or consequential damage from the use or reliance on any information provided.