Overview

Objective

The fund mainly invests in REIT's that are listed on Asian-Oceanian markets including Japan, with a focus on valuation such as dividend yield in addition to earnings growth. With the aim for long-term growth of assets via investment in real estate securities such as real estate investment trusts (REIT's) in Asia Pacific countries and regions including Japan. REIT's invested in may include, but are not limited to, residential real estate (apartments), commercial (shopping centers, offices) and industrial (factories, warehouses) sectors. Certain REIT's investments may also engage in real estate financing transactions and other real estate development activities. Investments will focus on capturing investment income via dividends in addition to achieving capital growth over the long-term.

Investor Profile

Suitable for investors who can afford to invest their capital over the long-term (multiple year time horizon), with exposure to real estate securities such as real estate investment trusts (REIT's) in Asia Pacific countries and regions including Japan.

 

 

          Other fund documents

 

 

Capital at risk. All investments involve risk and investors may not get back the amount originally invested.

Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political, sustainability-related or regulatory events. The value of securities can be affected by daily stock market movements, political factors, economic news, company earnings and significant corporate events.

Key Facts

Sub Fund Name
Asia Pacific Real Estate Securities Fund
ISIN
LU2278475061
Reference Benchmark
Reference Index: S&P Asia Pacific REIT Index (Total Return)
Lead Manager
Etsuro AKIYAMA
No. of Holdings
Circa 30 - 50 stocks
Performance Target
No Set; Reference benchmark +3.5% p.a.
Style
Growth At Reasonable Yield
Bloomberg ID
SMDARPU
Domicile
Luxembourg
Sub Fund Inception Date
February 2021
Share Class Inception Date
February 2021
Share Class Currency
USD
Currencies Available
Available Currencies USD, EUR, GBP
Unit Class
P - Accumulation
Dealing Time Cut-Off
16:00 CET
SFDR Classification
Article 8
Regulatory Structure
UCITS

Performance

As of 04/02/2025
Highest since Inc. 105.97
Lowest since Inc. 69.83
P USD

Source: SMDAM.

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance and may not be repeated. An investment’s value and the income deriving from it may fall, as well as rise, due to market fluctuations. Investors may not get back the amount originally invested. Fund performance is shown net of fees and is in the currency shown above; the return may increase or decrease as a result of currency fluctuations. 

 

NAV / Historical prices

As of 04/02/2025
Highest since Inc. 105.97
Lowest since Inc. 69.83
P USD

Source: SMDAM.

Past performance is not a reliable indicator of future performance and may not be repeated. An investment’s value and the income deriving from it may fall, as well as rise, due to market fluctuations. Fund performance is shown net of fees and is in GBP; the return may increase or decrease as a result of currency fluctuations. 

Fund Manager

Akiyama 2.0

Etsuro AKIYAMA

Lead Portfolio Manager

Mr Akiyama has over 30 years of investment experience and is the Lead Portfolio Manager of the Asia REIT product. He started his career with Sumitomo Marine & Fire Insurance Co., Ltd. in 1985 and transferred to the Land Policy Department of the Ministry of Land, Infrastructure, Transport and Tourism in 1989. In 1991 he joined Sumitomo Marine & Fire Insurance Co., Ltd to take charge of real estate investment at the real estate division and engaged in valuation of securitised real estate. Later, in 2000, he moved to Mitsui Sumitomo Insurance Co., Ltd., where he was in charge of private real estate funds and J-REITs investments, corporate investment fund and outsourced funds and venture fund.


In 2005 he joined Sumitomo Mitsui Asset Management Co., Ltd. (now Sumitomo Mitsui DS Asset Management Co., Ltd.), where his responsibilities include being in charge of J-REITs and Asian REITs investments, advising global REITs funds, global REITs and Real Estate Funds in the Asia Pacific region.

______________________________

Source: SMDAM, as at 1 April 2024

Industry Experience 30+ years

Time in SMDAM 19+ years

Learn more

Invest with us

Contact Us

If you have any account or dealing enquiries, please contact BBH using the following contact details:

Brown Brothers Harriman (Luxembourg) S.C.A.
80, route d’Esch, L-1470 Luxembourg
T: +352 474 066 226
F: +352 474 066 401
E: Lux.BBH.Transfer.Agent@BBH.com

RH Squared

Richard HAXE

Managing Director, Head of Business Development

AB Squared

Alex BARRY

Executive Director, Head of Distribution - UK and Ireland

CC Squared

Chloé CHOQUIN

Director, Business Development & Client Relations

TC Squared

Thomas CARTWRIGHT

Director, Business Development & Client Relations

Source: SMDAM

 

DISCLAIMER

Past performance is not a reliable indicator of future performance and may not be repeated.

An investment’s value and the income deriving from it may fall, as well as rise, due to market fluctuations. Investors may not get back the amount originally invested. Fund performance is shown net of fees. If the currency in which the fund is denominated is different from an investor’s currency, the return may increase or decrease as a result of currency fluctuations. 

The information on this website is not intended to be investment advice, tax, financial or any other type of advice, and is merely a summary of the main aspects of the funds. The information should not be construed as an offer to buy, sell or transact in any security including, but not limited to, shares in the funds.

Decisions to invest in any fund are deemed to be made solely on the basis of the information contained in the prospectus and the PRIIPS KID accompanied by the latest available annual and semi-annual report.