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First State Asia Pacific Select III

Ranked 317 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 invests primarily in a diversified portfolio of securities of larger capitalisation companies established or having significant operations in the Asia Pacific region (excluding Japan, including Australasia) and are listed, traded or dealt in on Regulated Markets worldwide.

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 11.5% 7.8%
2016 2.1% 0.6% 2.8% 5.6% -6.5%
2015 -4.4% 5.2% -2.5% -11.0% 4.7%
2014 9.6% -0.2% 7.8% 0.6% 1.2%
2013 -0.5% 3.5% -7.0% 4.6% -1.1%
2012 24.7% 11.3% -5.0% 15.6% 2.0%
2011 -10.6% 1.3% 0.1% -15.0% 3.7%
2010 -5.5% 16.5% 7.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/04/2017

Top 10 Holdings

Stock Size
Taiwan Semiconductor Manufacturing Co Ltd ORD 6.09
CSL Ltd ORD 4.54
HDFC Bank Ltd ORD 4.11
CK Hutchison Holdings Ltd ORD 3.68
Samsung Electronics Co Ltd PFD 2.63
Dairy Farm International Holdings Ltd ORD 2.56
Oversea-Chinese Banking Corporation Ltd ORD 2.34
Delta Electronics Inc ORD 2.33
Advantech Co Ltd ORD 2.15
Jardine Matheson Holdings Ltd ORD 2.11
30/04/2017

Registered For Sale In

  1. Hong Kong
  2. Macau
  3. Switzerland
  4. United Kingdom

Fund Info

  • Launch date11/03/2010
  • Share Class size123Mn
  • Base currencyUSD
  • ISIN IE00B0169M10

Purchase Info

  • Min. initial investment5Mn
  • Min. regular additional investment0

Charges

  • Annual management0.85%

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