AIA Greater China Funds - AIA Singapore

AIA Greater China Funds - AIA Singapore

AIA Greater China Funds February 2016 Investment Objective AIA Greater China Equity Fund To achieve long-term capital growth principally from a portfo...

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AIA Greater China Funds February 2016 Investment Objective AIA Greater China Equity Fund To achieve long-term capital growth principally from a portfolio of equity and equity-related securities of companies with exposure to the economies of countries within the Greater China Region. AIA Greater China Balanced Fund To achieve long-term capital growth principally from a portfolio of equity and equity-related securities of companies with exposure to the economies of countries within the Greater China Region, and stable income with capital preservation through investments in primarily fixed income securities of high credit quality issuers, denominated primarily in SGD, in such proportion as the Managers deem fit.

Key Fund Facts AIA Greater China Equity Fund

AIA Greater China Balanced Fund

Launch Date: 21 January 2003 Launch Price: S$ 1.000 Manager of ILP Fund: FIL Investment Management (Singapore) Limited Name of Underlying Fund: Fidelity Funds - Greater China Fund II Manager of Underlying Fund: FIL Fund Management Limited Sales Charge (For Cash and SRS): 5% (included in bid-offer spread) Sales Charge (For CPF OA): 3% Pricing Frequency: Daily Management Fees: 1.5% p.a. of Net Asset Value Subscription: Cash, CPF(OA) and SRS

Launch Date: 21 January 2003 Launch Price: S$ 1.000 Manager of ILP Fund: PineBridge Investments Singapore Limited Name of Underlying Funds: Fidelity Funds - Greater China Fund II and PineBridge International Funds - Singapore Bond Fund Manager of Underlying Funds: PineBridge Investments Singapore Limited and FIL Fund Management Limited Sales Charge (For Cash and SRS): 5% (included in bid-offer spread) Sales Charge (For CPF OA or SA): 3% Pricing Frequency: Daily Management Fees: 1.5% p.a. of Net Asset Value Subscription: Cash, CPF(OA & SA) and SRS

Bid: Offer: Fund Size:

S$ 2.522 S$ 2.655 S$ 442,351,684

Manager’s Commentary*

As of 31 December 2015 As of 31 December 2015 As of 31 December 2015

As of 31 December 2015

Bid: S$ 2.066 Offer: S$ 2.175 Fund Size: S$ 367,476,409

As of 31 December 2015 As of 31 December 2015 As of 31 December 2015

Source: FIL Investment Management (Singapore) Limited

The fund outperformed the index in December, largely due to security selection in the financials and consumer discretionary sectors. Within financials, an overweight stance in property development firm China Vanke added value after it reported higher‐than‐expected contracted sales in November. Its A‐shares benefited as the company is battling an unwanted takeover attempt by a privately‐held mainland conglomerate that aggressively acquired a controlling stake in China Vanke. In the consumer discretionary sector, shares in hotel operator China Lodging advanced after it announced a one‐time cash dividend for its shareholders. An overweight stance in home appliance manufacturer Midea Group buoyed returns in light of a potential increase in demand given supportive government policies. Elsewhere, the position in semiconductor packaging and testing solutions provider Siliconware Precision Industries added value as it reported better‐than‐expected sales in the fourth quarter, stemming from higher demand for fourth‐generation (4G) smartphone chips. Conversely, the holding in hospital chain operator Phoenix Healthcare Group weighed on returns as the delay of an expected deal (which involved purchasing and restructuring a hospital) is likely to impact its revenues in the near term. However, the company will likely be a major beneficiary of ongoing health care reform, which aims to enhance medical service quality in China.

Performance

Bid-to-bid, net dividends reinvested, SGD, from Inception to

As of 31 December 2015

Source: AIA Singapore

AIA Greater China Equity Fund Period Fund (bid-to-bid) Benchmark

1 Month 0.64% -0.03%

3 Months 5.61% 3.46%

6 Months -10.22% -12.34%

1 Year 3 Year^ 3.28% 10.94% -0.89% 7.37%

5 Year^ 4.16% 3.24%

10 Year^ 4.70% 5.12%

Since Inception^ 7.87% 8.48%

AIA Greater China Equity Fund 330 300 270 240 210 180 150 120 90 60

Notes: ^ Annualised returns Current benchmark: MSCI Golden Dragon DTR Net

AIA Greater China Equity Fund

Benchmark

AIA Greater China Balanced Fund Period Fund (bid-to-bid) Benchmark

1 Month 0.29% -0.08%

3 Months 3.77% 2.28%

6 Months -5.75% -6.86%

1 Year 3 Year^ 3.09% 7.57% 0.07% 4.66%

5 Year^ 3.70% 3.10%

10 Year^ 4.08% 4.83%

Since Inception^ 6.21% 6.63%

AIA Greater China Balanced Fund Notes: ^ Annualised returns Current benchmark: 60% MSCI Golden Dragon DTR Net & 40% JP Morgan Sing Govt Bond Index All (The combined benchmark is reflective of the fund’s investment focus)

260 240 220 200 180 160 140 120 100 80 60

AIA Greater China Balanced Fund

Benchmark

Note: Performance of the funds are in SGD without taking into consideration the fees and charges payable through deduction of premium or cancellation of units and with net dividends reinvested.

Top 10 Holdings (Equity Investments)* TAIWAN SEMICONDUCTR MFG CO LTD TENCENT HLDGS LTD CHINA MOBILE LTD AIA GROUP LTD INDUSTRIAL & COML BK CHINA ALIBABA GROUP HOLDING LTD PING AN INS GROUP CO CHINA LTD CHINA PAC INS GROUP CO LTD HON HAI PRECISION IND CO LTD CHINA LIFE INSURANCE CO LTD TOTAL

Sector Allocation (Equity Investments)*

As of 31 December 2015

Holdings (%) 8.1 7.2 5.4 5.1 3.8 2.9 2.8 2.2 2.1 1.9 41.6

As of 31 December 2015

Holdings (%) Financials Information Technology Consumer Discretionary Telecommunication Services Industrials Energy Utilities Consumer Staples Health Care Materials Uninvested Cash Total

31.2 28.9 8.2 6.6 5.9 4.2 4.0 3.1 2.3 1.5 4.1 100.0

Financials 31.2

Information Technology 28.9

Consumer Discretionary 8.2

Telecommunication Services 6.6

Industrials 5.9

Energy 4.2

Utilities 4.0

Consumer Staples 3.1

Health Care 2.3

Materials 1.5

Uninvested Cash 4.1

Country Allocation (Equity Investments)* Countries

As of 31 December 2015

Holdings (%)

China Hong Kong Taiwan Singapore Grand Cayman (Uk Overseas Ter) Uninvested Cash Total

63.3 16.8 13.9 1.0 0.9 4.1 100.0

China 63.3

Hong Kong 16.8

Taiwan 13.9

Singapore 1.0

Grand Cayman (Uk Overseas Ter) 0.9

Uninvested Cash 4.1

*Information from the underlying Fidelity Funds - Greater China Fund II Source: FIL Investment Management (Singapore) Limited

AIA Greater China Funds are investment-linked policy (ILP) funds offered by AIA Singapore Private Limited (“AIA Singapore”) and are only available under AIA Investment-Linked Policies. AIA Singapore is the product provider. This fact sheet is prepared by AIA Singapore and the information presented is for informational use only. Investments are subject to investment risks including the possible loss of the principal amount invested. Past performance, as well as the prediction, projection or forecast on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of the ILP funds. The performance of the ILP funds is not guaranteed and the value of the units in the ILP funds and the income accruing to the units, if any, may fall or rise. A product summary relating to the ILP funds is available and may be obtained from your AIA Financial Services Consultant. A potential investor should read the product summary before deciding whether to subscribe for units in the ILP funds. AIA Singapore does not warrant or make any representations regarding the use or the results of the use of the figures generated in terms of their correctness, accuracy, reliability, or otherwise. E. & O. E.

AIA Singapore Private Limited (Reg No.201106386R) 1 Robinson Road, AIA Tower, Singapore 048542 Monday - Friday: 8.45am - 5.30pm AIA Customer Care Hotline: 1800 248 8000 aia.com.sg