Share Classes Explained

A6 Share Class

Distributing (S) share class that aims to deliver a stable monthly dividend per share, by smoothing income generated by a fund over time.

 

a6 diagram

A8 Share Class

Distributing (R) share class which aims to pay dividends based on an estimate of net
interest rate differential (IRD) arising from share class currency hedging in addition
to a stable monthly dividend.

a8 diagram

**IRD can be positive (increase the amount available to be distributed), nil or negative (decrease the amount of available to be distributed).

# Dividends are set on a quarterly basis and will be announced on the last business day of each month and paid within the following month. In order to stablize dividends, both A6/A8 share classes may make distributions from capital.