SB Asia Pacific Equity Feeder Fund

The APE Feeder Fund allows you to invest in one of the most promising economic regions in the world.

About the Fund

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.

Client Suitability

SB Asia Pacific Equity Feeder Fund is suitable for investors who:

  • Have an aggressive risk tolerance
  • Seek potentially higher returns through investments on Asia stocks and who can tolerate high price volatilities
  • Have the possibility to be exposed to capital losses given the volatile nature of the Asia equity market
  • Have an investment horizon of three to five (3-5) years
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%
Other Notes 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 USD1,000.00 USD500.00 USD500.00 USD1,000.00
Class B USD5,000.00 USD1,000.00 USD1,000.00 USD5,000.00
Class F USD5,000.00 USD1,000.00 USD1,000.00 USD5,000.00

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

Target Fund Information and Performance

FUND FACTS

Asset Class Equity
Benchmark MSCI AC Asia Pacific ex Japan
Location Luxembourg
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%

TOP TEN HOLDINGS (as of 28 Feb 2019)

Alibaba Group (ADR) China 6.2%
TENCENT China 5.2%
Ping An Insurance Group China 4.4%
Taiwan Semiconductor Taiwan 3.5%
AIA Group Hong Kong 3.3%
HDFC Bank (ADR) India 2.3%
Reliance Industries (GDR) India 2.3%
CSPC Pharmaceutical Group China 2.5%
China Education Holdings China 2.2%
Samsung Electronics (GDR) Korea 1.9%
Anta Sports Products China 1.8%

RATES AND RANKING (as of Feb 2019)

sb asia pacific equity feeder fund rates and ranking investing alibaba tencent samsung

*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.

PERFORMANCE (as of 28 Feb 2019)

sb asia pacific equity feeder fund performance investing alibaba tencent samsung

*For reference purposes only and not guaranteed.

How to order

  1. You need to have an SB Dollar Account to invest.
    No dollar account yet? Click here to open an account.
  2. Fill up the UITF Application Form completely.
  3. Wait for a call from our investment specialist.

Why Invest?

Diversification

Investments (and risk) are spread across various assets industry-wide.

Liquidity

You can subscribe and redeem on any banking day.

Affordability

You can start investing in UITFs with just $1,000 (SB dollar account required).

Transparency

You can check the value of your investment daily with NAVPU.

Want to invest in the SB Asia Pacific Equity Feeder Fund?

Key Risks

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.

Taxation
  • Except when specifically required by law, the Trustee shall have no responsibility to withhold income or other taxes on revenues from the Fund.
  • Each participant should consult its own tax advisor as to the specific tax consequences of his/her investment in and redemption of units of participation in the Fund, including the applicability and effect of local and national laws of the Philippines, as well as consequences arising under the laws of any other taxing jurisdiction.
Disclaimer

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.

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