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First State Asia Pacific All Cap III

Ranked 287 out of 428 in - Asia Pacific Excluding Japan over 12 months
All calculations are in USD unless stated

Managed by

Richard Jones

Richard Jones is a director of First State Stewart Asia, part of First State Investments. Richard has more than 27 years of investment experience in Asia, focused on both company research and portfolio management. He joined the FSSA team in January 2010 and is based in Hong Kong. Richard is the lead manager of the First State Asia Innovation Fund, the First State Asian Growth Fund and the First State Singapore and Malaysia Fund. He is also responsible for managing a number of Asia Pacific Leaders portfolios on behalf of key client segregated accounts. Richard graduated from the London School of Economics with a first class degree in Economics (Government).

Martin Lau

Having graduated from Cambridge University with a Bachelor of Arts degree and a Masters in Engineering, Martin Lau has progressed from a somewhat industrious education to Investment Fund Management and now has over 10 years experience in the industry. Born in Hong Kong in 1972, Lau started his investment career in 1995 at BZW in London as part of their risk management team. He subsequently spent six years with Invesco as a fund manager responsible for the greater China funds, Smaller Companies fund and regional portfolios. Lau currently manages a range of China and Asia funds for First State. He describes his investment style for many of the funds he runs as bottom up stock selection with strong macro overlay. He also focuses heavily on quality, growth and price. A keen badminton player, Lau also enjoys playing tennis, walking and going to the cinema.

Objective

The Fund aims to grow your investment. The Fund mainly invests in shares of large companies based in or having significant operations in the Asia Pacific region including Australia and New Zealand (excluding Japan). These companies generally have a total stock market value of at least US$ 3 billion.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Asia Pacific Excluding Japan over : 30/06/2016 - 30/06/2017

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 10.7% 8.8%
2016 2.7% -0.2% 3.4% 6.5% -6.6%
2015 -1.4% 7.6% -0.8% -11.8% 4.7%
2014 12.9% 1.0% 7.9% 2.9% 0.8%
2013 -3.7% 4.3% 4.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2017

Top 10 Holdings

Stock Size
Taiwan Semiconductor Manufacturing Co Ltd ORD 5.05
CSL Ltd ORD 4.24
CK Hutchison Holdings Ltd ORD 3.36
Tong Ren Tang Technologies Co Ltd ORD 3.07
HDFC Bank Ltd DR 3.04
Towngas China Co Ltd ORD 2.62
Manila Water Company Inc ORD 2.52
Delta Electronics Inc ORD 2.20
Samsung Electronics Co Ltd PFD 2.14
Delta Electronics Thailand PCL ORD 2.01
28/02/2017

Registered For Sale In

  1. Switzerland
  2. United Kingdom

Fund Info

  • Launch date25/03/2013
  • Share Class size75Mn
  • Base currencyUSD
  • ISIN IE00B6RN1X37

Purchase Info

  • Min. initial investment500,000
  • Min. regular additional investment0

Charges

  • Annual management1.25%

Related News

Angus Tulloch: buying high yield like 'riding a tiger'

The Asia Pacific veteran remains in cautious mode, wary of high yielding companies that can't deliver, and Singapore's overheating property market.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).