Important Information

  1. Income Partners Asian High Income Bond Fund (the “Fund”) invests primarily in high yielding fixed income securities in the Asia-Pacific region. The Fund will invest in non-investment grade debt securities, and as a result may be subject to substantial credit/counterparty risk, credit rating related risks, interest rates risk, volatility risk, liquidity risks, political and economic risks, and valuation risks. The investments held by the Fund may fall in value and therefore your investment in the Fund may suffer losses.
  2. Investment in the Asia-Pacific market is subject to emerging market risk including increased political, economic, legal, regulatory, currency, settlement, custody and liquidity risks not typically associated with investments in more developed markets.
  3. The Fund may invest in financial derivative instruments for hedging purposes. There is no guarantee that the hedging techniques will be effective.
  4. For certain classes of Units of the Fund, the Fund’s manager may at its discretion pay distributions out of the capital of the Fund. The Fund’s manager may also, at its discretion, pay distributions out of gross income, while paying all or part of the fees and expenses of the capital of the Fund, resulting in an increase in distributable income for payment of distributions by the Fund. Therefore the Fund may effectively make payment of dividend out of capital. Payment of distributions out of capital represents a return or withdrawal of part of the amount they originally invested or from any capital gains attributable to the original investment. Any such distributions may result in an immediate reduction of the net asset value per unit of the Fund.
  5. Investment involves risk. Past performance is not a guarantee or a reliable indicator of future results and no guarantee is being made that similar returns will be achieved in the future.
  6. Unit trusts are not equivalent to time deposits. In making investment decisions, investors should not rely solely on the information in this website and should read the offering document of the Fund for further details including the risk factors.

Income Partners Asian High Income Bond Fund

Key Features

Quick Facts

FUND AUM
USD24 million as of end Oct 2017
MINIMUM INVESTMENT
Class 2A (USD) : USD 1,000
Class 2B (HKD) : HKD 10,000
Class 2C (AUD-H) : AUD 1,000
Class 2D (CAD-H) : CAD 1,000
Class 2E (EUR-H) : EUR 1,000
Class 2F (GBP-H) : GBP 1,000
Class 2G (JPY-H) : JPY 100,000
Class 2H (NZD-H) : NZD 1,000
Class 2I (SGD-H) : SGD 1,000
FEE & EXPENSES
Please refer to offering document for details
  • Income Partners Asian High Income Bond Fund (the "Fund") aims to achieve a high total investment return through income and capital appreciation, primarily from high yielding fixed income securities in the Asia-Pacific region.
  • Active risk management through cash, credit and duration exposures.
  • The Fund invests primarily in a diversified portfolio of high yielding fixed income securities and other financial instruments including investment grade, non-investment grade and unrated bonds, government bonds, corporate bonds, convertible bonds and floating-rate notes, where the Manager believes such securities or instruments are being traded at significant discount to their underlying intrinsic values.
Summary Terms
Inception Date 29 September 2015
Fund AUM USD24 million as of end Oct 2017
Share Class Class 2 (USD/HKD/AUD-H/CAD-H/EUR-H/
GBP-H/JPY-H/NZD-H/SGD-H,
Accumulation and Distribution)
Minimum Investment Class 2A (USD) : USD 1,000
Class 2B (HKD) : HKD 10,000
Class 2C (AUD-H) : AUD 1,000
Class 2D (CAD-H) : CAD 1,000
Class 2E (EUR-H) : EUR 1,000
Class 2F (GBP-H) : GBP 1,000
Class 2G (JPY-H) : JPY 100,000
Class 2H (NZD-H) : NZD 1,000
Class 2I (SGD-H) : SGD 1,000
Dealing Frequency Daily
Investment Manager Income Partners Asset Management (HK) Limited
Trustee Cititrust Limited
Custodian & Adminstrator Citibank, N.A., Hong Kong Branch
Transfer Agent Citicorp Financial Services Limited
Auditor Pricewaterhouse Coopers
Legal Advisors Akin Gump Strauss Hauer & Feld
ISIN Class 2A ACC (USD) HK0000358256
Class 2A DIS (USD) HK0000358249
Class 2B ACC (HKD) HK0000358272
Class 2B DIS (HKD) HK0000358264
Class 2C ACC (AUD-H) HK0000358298
Class 2C DIS (AUD-H) HK0000358280
Class 2D ACC (CAD-H) HK0000358314
Class 2D DIS (CAD-H) HK0000358306
Class 2E ACC (EUR-H) HK0000358330
Class 2E DIS (EUR-H) HK0000358322
Class 2F ACC (GBP-H) HK0000358355
Class 2F DIS (GBP-H) HK0000358348
Class 2G ACC (JPY-H) HK0000358371
Class 2G DIS (JPY-H) HK0000358363
Class 2H ACC (NZD-H) HK0000358397
Class 2H DIS (NZD-H) HK0000358389
Class 2I ACC (SGD-H) HK0000358413
Class 2I DIS (SGD-H) HK0000358405
Domicile Hong Kong
Monthly Reports
Oct 2017 DL
Sep 2017 DL
Aug 2017 DL
Fund Documents
Product Key Facts Statement DL
Explanatory Memorandum DL
Notice to Unitholders - 30 Nov 2017 DL
Notice to Unitholders - 30 Aug 2017 DL
Notice to Unitholders - 15 Aug 2017 DL
Notice to Unitholders - 19 Dec 2016 DL
Notice to Unitholders - 28 Oct 2016 DL
Interim Report - 2017 DL
Annual Report - 2016 DL
* Distribution classes provide dividends at the discretion of Manager, the rate of dividend is however not guaranteed and may be paid out from the capital of the Fund. (Please refer to Important Information 4)
Monthly reports and offering documents of the Fund can be downloaded at www.fundinfo.com

This webpage is issued by Income Partners Asset Management (HK) Ltd. and has not been reviewed by Hong Kong Securities and Futures Commission. This webpage only provides a summary and may be incomplete or incomprehensive. Accordingly, the information is qualified in its entirety by the terms applicable to the Fund as set out in its constitutive and offering documents (“Fund Documents”), and should be read together with such Fund Documents. This page is for informational purpose only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. There is no guarantee that these investment strategies will work under all market conditions or are suitable for all investors and each investor should evaluate their ability to invest long-term, especially during periods of downturn in the market. The representative of the Fund in Switzerland is Hugo Fund Services SA, 6 Cours de Rive, 1204 Geneva. The distribution of units/shares in Switzerland must exclusively be made to qualified investors. The place of performance and jurisdiction for units/shares in the Fund distributed in Switzerland are at the registered office of the Representative.
Fund Net Asset Value
Value DateShare ClassISIN CodeCCYNAV
8 Dec 20172A Dis (USD)HK0000358249USD100.27
8 Dec 20172A Acc (USD)HK0000358256USD116.10
8 Dec 20172B Acc (HKD)HK0000358272HKD116.96
Monthly Performance: Class 2A Accumulation USD (%)
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2017 1.31 2.21 0.45 0.60 -1.26 0.00 1.03 0.68 0.56 0.67 6.39
2016 -0.81 -0.11 3.19 1.43 1.13 1.26 2.17 0.70 -0.18 0.18 -1.17 0.48 8.50
2015 1.43 -0.20 -0.26 0.97
Cumulative Performance (%)
As of 31 Oct 2017 YTD 1 Month 3 Months 6 Months 1 Year Since Inception#
2A Acc (USD) 6.39 0.67 1.92 1.67 5.65 7.60
2A Dis (USD) 6.41 0.68 1.93 1.69 5.67 7.65
2B Acc (HKD) 7.03 0.55 1.79 1.96 6.27 7.94
Calendar Year Performance (%)
2015 2016 Inception Date
2A Acc (USD) 0.97 8.50 29 Sep 2015
2A Dis (USD) 1.04 8.50 29 Sep 2015
2B Acc (HKD) 0.99 8.53 29 Sep 2015
Dividend Distribution*
Dividend Class Dividend Rate
per Unit
Record Date Ex-Dividend Date Dividend Payment
Date
Dividend Reinvestment
Date
Historical
Dividend
payment
2A Dis (USD) $0.65 30 Nov 2017 1 Dec 2017 1 Dec 2017 1 Dec 2017 DL
Source: Income Partners Asset Management (HK) Ltd
For Distribution classes, fund performance is calculated on NAV to NAV basis in denominated currency with dividends re-invested. For Accumulation classes, fund performance is calculated on NAV to NAV basis in denominated currency.

YTD stands for year-to-date
* Distribution classes provide dividends at the discretion of Manager, the rate of dividend is however not guaranteed and may be paid out from the capital of the Fund. (Please refer to Important Information 4)
# Since inception performance figures are annualized.

Please note that a positive dividend yield does not imply a positive return. Investors should not make any investment decision solely based on information contained in the table above. You should read the relevant offering document (including the Product Key Facts Statements) of the Fund for further details including the risk factors. The net distributable income means net investment income (i.e. dividend income and interest income net of fees and expenses) attributable to the relevant share class. The net investment income excludes realized and unrealized gains.

This webpage is issued by Income Partners Asset Management (HK) Ltd. and has not been reviewed by Hong Kong Securities and Futures Commission. This webpage only provides a summary and may be incomplete or incomprehensive. Accordingly, the information is qualified in its entirety by the terms applicable to the Fund as set out in its constitutive and offering documents (“Fund Documents”), and should be read together with such Fund Documents. This page is for informational purpose only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. There is no guarantee that these investment strategies will work under all market conditions or are suitable for all investors and each investor should evaluate their ability to invest long-term, especially during periods of downturn in the market. The representative of the Fund in Switzerland is Hugo Fund Services SA, 6 Cours de Rive, 1204 Geneva. The distribution of units/shares in Switzerland must exclusively be made to qualified investors. The place of performance and jurisdiction for units/shares in the Fund distributed in Switzerland are at the registered office of the Representative.

Legal Information for investors of Hong Kong

The issuer of this website is Income Partners Asset Management (HK) Limited. Income Partners Asset Management (HK) Limited, its affiliates or subsidiaries (hereinafter collectively "Income Partners") assume no responsibility for the financial or other consequences arising from the subscription or purchase of the securities described in this website. The information contained in this section of the website is not intended as an offer to sell securities or a solicitation to buy fund(s) managed or advised by Income Partners Asset Management (HK) Limited (“Income Partners funds”). It aims to provide general information on Income Partners funds that have been authorized for retail sale in Hong Kong and are available for investment and purchase in Hong Kong. This site is not directed to individuals or organizations for whom such offer or invitation would be unlawful or prohibited. The fund(s) referred to in this section of the website is/are authorized by the Securities and Futures Commission (“SFC”) for sale to the public in Hong Kong. SFC authorization is not an official recommendation or endorsement of a scheme nor does it guarantee the commercial merits or its performance. It does not mean that a scheme is suitable for investors nor it is an endorsement of its suitability for any particular investor or class of investors. The material contained in this website has not been reviewed by the SFC. The information presented in this website is based, among other things, on market data at a given time, that is therefore subject to market changes and may change from time to time. Although Income Partners reasonably believes that the third party information contained in this website is accurate, complete and up-to-date, no guarantee beyond what Income Partners reasonably believes is accurate, complete and up-to-date is made as to the accuracy, completeness or reliability of information provided by third parties. This website does not collect personal information. "Cookies" may be stored on your computer for easy navigation. A "cookie" does not allow us to identify you, but stores information about navigation through our website (such as pages already visited, time and date of visit) which we can remember during the user's next visit to our website in order to improve your browsing experience. By clicking on this “Accept” button, you acknowledge and agree to the terms and conditions above. You undertake to access the information contained in this web site for your personal use and not for commercial use.

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