First State Dividend Advantage trust fund 2015

To provide investors with regular distributions and long-term growth from high dividend yielding equity investments focused in the Asia-Pacific region (excluding Japan). The investment policy of the Fund is to invest all or substantially all of its assets in the First State Asian Equity Plus Fund (Underlying Fund), a sub-fund under the Dublin registered umbrella fund known as First State Global Umbrella Fund plc. The Underlying Fund invests primarily in securities in the Asia Pacific region (excluding Japan). Such companies will be selected on the basis of their high dividend yields and their potential for long-term capital appreciation.

I blogged about selling this first state dividend advantage trust fund in my earlier post at 1.41. I regret doing so now. The price has shot up to as high as 1.71 on 13 Feb 2015. 

Lesson learnt: patience is required when holding to unit trust fund.