HSBC Asia Pacific (Ex Japan) Dividend Yield Fund - Growth Direct

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund - Growth Direct sits in the middle of the pack for FoF Overseas funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 59/100.

Cost: At 1.2%, the expense ratio runs 100% above the FoF Overseas category average of 0.6%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 2.26 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, with 20.74% annualised volatility, this is among the more turbulent funds in its space — expect sharp swings in both directions.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Other fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.