Report - Nikko AM Asia Limited
Report - Nikko AM Asia Limited
Report - Nikko AM Asia Limited
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NIKKO <strong>AM</strong> SHENTON GLOBAL PROPERTY SECURITIES FUND<br />
(Constituted under a Trust Deed registered in the Republic of Singapore)<br />
STATEMENT OF TOTAL RETURN<br />
For the financial year ended 30 June 2013<br />
Note 2013 2012<br />
S$ S$<br />
Income<br />
Dividends 1,481,377 2,048,474<br />
Other income 710 1,424<br />
1,482,087 2,049,898<br />
Less: Expenses<br />
Management fee 657,362 803,367<br />
Registrar fee 19,876 30,506<br />
Trustee fee 17,469 21,408<br />
Custody fee 57,685 11,781<br />
Audit fee 12,800 12,000<br />
Valuation fee 19,653 24,084<br />
Transaction costs 125,090 181,724<br />
Other expenses 30,615 30,705<br />
940,550 1,115,575<br />
Net income 541,537 934,323<br />
Net gains or losses on value of investments<br />
and financial derivatives<br />
Net gains on investments 5,338,146 394,639<br />
Net foreign exchange losses (41,224) (62,067)<br />
Net losses on futures (15) -<br />
5,296,907 332,572<br />
Total return for the year financial year before<br />
income tax 5,838,444 1,266,895<br />
Less: Income tax 3 (265,102) (324,883)<br />
Total return for the financial year after income<br />
tax 5,573,342 942,012<br />
The accompanying notes form an integral part of the financial statements<br />
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