Over the last 30 years, growth in the global flow of wealth and power has shifted to the Asia Pacific region, with no end to the developments in sight. Asian businesses on the leading edge of this trend have become more open with investors and more willing to pay out a greater percentage of their earnings as dividends.

Our Asia Pacific Dividend Builder Fund (formerly, Asia Pacific Dividend Fund) provides an opportunity to invest in dividend-producing stocks of mature businesses throughout the Asia Pacific region. With the Asia Pacific Dividend Builder Fund you can capitalize on the continued growth of companies in countries such as China, India, Australia, Bangladesh, Japan, Indonesia, Malaysia, New Zealand, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam.

 

Asia Pacific Dividend Builder Fund
Avg. Annualized
Total Return		 Calendar YTD 1 Year 3 Years 5 Years 10 Years Since
Inception
Monthly through
06/30/2020 		-9.05% -3.17% 1.53% 3.34% 6.80% 5.06%
Quarterly through
06/30/2020 		-9.05% -3.17% 1.53% 3.34% 6.80% 5.06%
30 Day SEC Yield   (as of 6/30/20) Subsidized 3.47% I Unsubsidized 2.27%
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. Total returns reflect a fee waiver in effect and in the absence of this waiver, the total returns would be lower. Performance data does not reflect the 2% redemption fee for shares held less than 30 days and if deducted the fee would reduce the performance quoted.

Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security.

ASIA PACIFIC DIVIDEND BUILDER FUND HOLDINGS (as of 05/31/2020)
1.Elite Material Co Ltd 3.37%
2.Janus Henderson Group PLC 3.31%
3.Sonic Healthcare Ltd 3.20%
4.CapitaMall Trust 3.19%
5.Corporate Travel Management Ltd 3.15%
6.PTT PCL /Foreign 3.07%
7.JB Hi-Fi Ltd 3.04%
8.QUALCOMM Inc 3.02%
9.Hanon Systems 2.99%
10.Aflac Inc 2.89%
TOP INDUSTRY SECTORS (as of 05/31/2020)
Commercial Banks 12.93%
Semiconductor Components - Integrated Circuits 8.36%
Electronic Component - Miscellaneous 5.84%
REITS - Shopping Centers 5.50%
Investment Management/Advisor Sevices 3.31%
MRI/Medical Diagnostic Imaging 3.20%
Travel Services 3.15%
Oil Company - Integrated 3.07%
Retail - Consumer Electronics 3.04%
Auto/Truck Parts & Equipment 2.99%
GEOGRAPHIC WEIGHT (as of 05/31/2020)
China 27.01%
Taiwan 18.96%
Australia 9.39%
Hong Kong 9.19%
Singapore 8.48%
United States 5.91%
Thailand 5.62%
South Korea 5.58%
United Kingdom 3.31%
India 2.73%
Edmund Harriss
Investment Director
Fund Manager

“It may sound like a cliché to refer to the “Asian Miracle” but I believe that the economic growth that has occurred in Asia throughout the last 30 years represents the greatest increase in the human condition for more people than any other event in human history.“

Having managed the Asia Funds for over 14 years both from London and from Hong Kong, Edmund Harriss is dedicated to understanding the agents of change. It’s about making ourselves ready for the new world that is unfolding in front of our eyes. For Edmund there is nothing quite like…

Read more of Edmund Harriss's background >

“It may sound like a cliché to refer to the “Asian Miracle” but I believe that the economic growth that has occurred in Asia throughout the last 30 years represents the greatest increase in the human condition for more people than any other event in human history.“
Edmund Harriss Investment Director, Fund Manager

Having managed the Asia Funds for over 14 years both from London and from Hong Kong, Edmund Harriss is dedicated to understanding the agents of change. It’s about making ourselves ready for the new world that is unfolding in front of our eyes. For Edmund there is nothing quite like studying companies and making the right investment call. He welcomes the sense of responsibility to all the people invested in his funds. He embraces that trust that has been placed in him, relishes the challenge, and enjoys nothing more than to deliver on those hopes.

In the process of translating grand transformational themes into a stock portfolio, Edmund seeks to understand businesses and to forecast a range of outcomes before making a final investment decision.

Trend not to be overlooked: Demographic change. The populations of the developed world are getting older while the developing economies are now the source of new workers. This trend presages a major shift in the balance of economic power in the world.

Edmund's Funds:
Asia Focus Fund >
Asia Pacific Dividend Builder Fund >
China & Hong Kong Fund >
Quick Stats

Joined Guinness Atkinson Asset Management in 2003 and also serves as investment director and board member.

Edmund graduated from Christ Church, University of Oxford, with a Masters degree in Management Studies and has a Bachelors degree in History from the University of York.

He is also an Associate of the Society of Investment Professionals.

The Advisor has contractually agreed to reduce its fees and/or pay Fund expenses (excluding Acquired Fund Fees and Expenses, interest, taxes, dividends on short positions and extraordinary expenses) in order to limit the Fund’s Total Annual Operating Expenses to 1.10% through June 30, 2021.  To the extent that the Advisor absorbs expenses to satisfy this cap, it may recoup a portion or all of such amounts absorbed at any time within three fiscal years after the fiscal year in which such amounts were absorbed, subject to the expense cap in place at the time recoupment is sought, which cannot exceed the expense cap at the time of the waiver. The expense limitation agreement may be terminated by the Board of the Fund at any time without penalty upon 60 days’ notice.

 

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