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Morningstar® Fund Report™
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Overview
Performance & Risk
Portfolio
Management & Docs
Historical Price & Div
Interactive Chart
Value Partners High Dividend Stocks Fund (HKD) (A1)
Product Risk Rating 4 Fund Type Equity Fund Fund Code VPP1102
Investment Objective Capital Appreciation Category Asia Pacific Equity (Regional)
Performance History
(as of 31/08/2026)
Growth Chart (USD)
Fund: Value Partners High Dividend Stocks Fund (HKD) (A1)
Morningstar Category: Asia ex-Japan Equity
Morningstar Index: Morningstar Asia ex-Japan Target Market Exposure NR USD
Fund -18.97% 4.22% 11.34% 29.97% 13.10%
+/-Cat 2.19% 2.70% 2.17% 1.15% -12.35%
+/-Idx -0.84% -2.81% 1.03% -1.75% -12.40%
The initial value is set at 100. Performance figures are based upon NAV to NAV or bid to bid prices with dividend reinvested in USD.
Key Stats
Morningstar® Category Morningstar Rating™
Asia ex-Japan Equity
ISIN NAV 
HK0000288735 HKD  1176.00
  (as of 15/09/2026)
Day Change Total Net Assets(mil)
-0.85% USD  1871.19
  (as of 31/08/2026)
Subscription Fee Total Expense Ratio
(Please refer to offering documents) -
Manager Name Redemption Fee
Norman Man Kei Ho
Jing Luo
(Please refer to offering documents)
Inception Date  
02/09/2002  
Trailing Returns
  Last Update Fund +/- Index
YTD 15/09/2026 10.70% -12.16%
1 Year 15/09/2026 16.06% -12.30%
3 Year Cumulative 31/08/2026 62.65% -27.43%
5 Year Cumulative 31/08/2026 34.83% -
10 Year Cumulative 31/08/2026 107.37% -54.83%
Dividend Yield 31/08/2026   0.00%
Dividend yield is the dividend amount declared over the past twelve months as a percentage of the last month-end fund unit price, shown in 2 decimal places.
Benchmark
Fund Benchmark
MSCI AC Asia Ex Japan NR USD
Morningstar® Benchmark
Morningstar Asia ex-Japan Target Market Exposure NR USD
Product Focus
The Fund aims to provide capital appreciation to unitholders by investing primarily in a portfolio of relatively higher yielding debt and equity securities in Asian region.
Portfolio Profile
(as of 30/06/2026)
Equity Allocation (Geographical) %
Asia - Developed 63.08
Asia - Emerging 36.62
United States 0.30
Canada 0.00
Latin America 0.00
Equity Allocation (Sector) %
Technology 35.91
Industrials 16.50
Financial Services 14.17
Communication Services 11.10
Consumer Cyclical 8.00
Top 5 Holdings  
Taiwan Semiconductor Manufacturing Co Ltd  
Samsung Electronics Co Ltd - Preference Shares  
HKT Trust & HKT Ltd  
Tencent Holdings Ltd  
China Everbright Environment Group Ltd  
Sector %
Technology 9.35
Technology 9.29
Communication Services 3.07
Communication Services 2.98
Industrials 2.82
Fund prices are updated every weekday after the close of trading and before 11pm (GMT) wherever possible. Performance figures are denominated in USD. Fund returns are based upon NAV to NAV or bid to bid prices with dividend reinvested.
For the details of fund fees and charges, please refer to the offering documents of respective investment funds. If you have any enquiry, please contact our staff members at a branch with Investment Service Section.