The Fidelity Funds - Asia Pacific Dividend Fund (A-MCDIST(G)-HKD) seeks to provide a combination of income and long-term capital growth by investing primarily in dividend-paying equity and equity-related securities of companies in the Asia Pacific region.
Investment Objective
The fund targets companies across Asia Pacific that offer attractive and sustainable dividend yields. It aims to deliver regular income distributions while also participating in the long-term capital appreciation of Asian equities.
Share Class: MCDIST(G)
The MCDIST(G) share class distributes dividends on a monthly basis. The “(G)” designation indicates that distributions may include a return of capital component, which can affect the net asset value of the fund. Investors should review the distribution policy carefully.
Regional Coverage
The fund invests across developed and emerging markets in Asia Pacific, including Australia, Japan, Hong Kong, Singapore, South Korea, Taiwan, China, India, and Southeast Asia. The region offers diverse dividend-paying opportunities across financials, real estate, utilities, and consumer staples.
Currency
Denominated in HKD, suitable for Hong Kong-based investors seeking income in local currency.
Risk Considerations
Dividend-paying strategies may underperform in strong bull markets where growth stocks dominate. Currency risk, emerging market risk, and the potential for dividend cuts during economic downturns are key considerations.
Risk & Return Metrics
Share class: A-ACC-USD (Y-class proxy) | ISIN: LU1273509064 | Data: yfinance (1003 trading days, annualised at 252 days/year)
| Metric | Daily | Annualised |
|---|---|---|
| Expected Return | 0.0393% | 10.41% |
| Risk (Std Dev) | 0.8669% | 13.76% |
| Metric | Value |
|---|---|
| First NAV | 19.1000 |
| Last NAV | 27.2700 |
| Total Return (period) | 42.77% |