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HKEx Listed, Stock Code: HKD Counter - 3187, USD Counter – 9187 Samsung S&P High Dividend APAC ex NZ REITs ETF

Key Features
  • First REITs ETF in Hong Kong, providing attractive dividend income* in a low-yield environment
  • Holdings are diversified across multiple sectors from office and apartment buildings to hotels, warehouses, hospitals, shopping centers, parking lots, etc. with business spanning from just Asia to US and Europe.
  • Provides a low-cost tool to conveniently invest in the property market across multiple geo-markets
  • Low correlation with broad market indices historically

*Note: Based on index methodology of S&P High Yield Asia Pacific-Ex New Zealand REITs Select Index (Net Total Return) compiled by S&P Dow Jones Indices. A positive distribution yield does not imply a positive return.

Distribution History

 

Ex-Date

Record
Date

Payable
Date

Dividend Per Share

(USD)

Dividend paid out of
net distributable income*
Dividend
paid out of capital
           

 

  • Data to be shown after the first dividend pay out is made.
  • Distribution Policy: Semi-annually (usually in June and December of each year) (if any) subject to the Manager’s discretion.^ Distributions on all Units (whether traded in HKD counter or USD counter) will be in USD only*. Distributions may not be paid if the cost of the Sub-Fund’s operations is higher than the yield from the Sub-Fund’s cash and holdings of investment products. Distributions may be paid out of capital or effectively out of capital as well as income at the Manager’s discretion. 

    ^ For the avoidance of doubt, please note that no distributions will be made in December 2020.


*a) “Net Distribution Income” means (i) the net investment income (i.e. dividend income and interest income net of fees and expenses) attributable to the relevant unit class and may also include net realized gains (if any) based on unaudited management accounts. However, "net distributable income" cannot include net unrealized gains. (ii) which is not declared and paid as dividends in a period of a financial year can be carried forward as net distributable income for the next period(s) within the same financial year. "Net distributable income" that has been accrued as at the end of a financial year and is declared and paid as dividends at the next distribution date immediately after that financial year end could be treated as "net distributable income" in respect of that financial year. However, "net distributable income" which has been accrued as at the end of a financial year but is not declared and paid as dividends at the next distribution date immediately after that financial year end should be included as "capital" for the next financial year. (iii) where the fund may pay dividend out of gross income while charging / paying all or part of the fund's fees and expenses to / out of capital, the amount of fees and expenses that has been paid out of capital has to be deducted from the gross investment income in order to come up with the "net distributable income".


b) The composition of the latest dividends (i.e. relative amounts paid from (i) net distributable income and (ii) capital) for the last 12 months are available from the Manager on request and on http://www.samsungetf.com.hk. The Manager may amend the above dividend policy with respect to payment of fees and/or dividends out of capital subject to the Securities and Futures Commission’s prior approval and by giving not less than one month’s prior notice to investors.

 

Warning: 
Please note that a positive distribution yield does not imply a positive return nor guarantee of distribution. 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 key facts statement) of the fund for further details including the risk factors.

 

Important information about Dividend out of capital / effectively out of capital

 

  • The Manager may in its discretion make cash distributions to Unit holders out of capital or out of gross income (while charging/paying all or part of the Product’s fees and expenses to/out of the capital of the Product) resulting in an increase in distributable income for the payment of distributions which is in effect a payment of distributions out of capital.

  • Payment of distributions out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any distributions involving payment out of or effectively out of the Product’s capital may result in an immediate reduction of the Net Asset Value per Unit.