Asian Companies Fund

Blocks

Fund overview

The Asian Companies Fund aims to create long term wealth through a concentrated portfolio of typically 15-35 quality companies operating within Asia ex-Japan that we believe are trading at prices different to their intrinsic values.

Investment objective

investment objective

 

The objective of the Fund is to provide long term capital growth and outperform the greater of the MSCI All Country Asia (ex-Japan) Net Index (AUD) or RBA cash rate over rolling seven year periods. The Fund is not intended to replicate the index, investing in a concentrated portfolio of predominantly undervalued equities in the Asian ex-Japan region.

Fund facts

Fund Category
Asian Equities
Investment style

Fundamental, bottom-up, research-intensive approach

Minimum investment
$20,000
Number of Stocks

As a guide, 15-35 stocks.

Inception date
Suggested investment time

7 years plus

Investor Profile

The Fund may be appropriate for investors seeking capital appreciation over a seven plus year investment horizon.

Portfolio Manager

Kevin Bertoli

Structure

Unlisted Asian equity fund, $A, unhedged

APIR/ARSN code

APIR PMC0002AU

ARSN 130 588 439

Rated*

Zenith  
Zenith 2  

 

The Fund may be suitable if you want:

Coloured Grid Items

Exposure

Body

Want exposure to companies situated in or exposed to the world’s growth engine – Asia – that are trading differently to their intrinsic value

Colour
Pale Blue

Long-term capital growth

Body

Are looking for long term capital growth provided by a demonstrated, focused, patient and considered approach

Colour
Light Grey

Long-term investment

Body

The Fund concentrates on building long term wealth through patience and conviction.

Colour
Blue

Differentiated

Body

Want the potential for returns that may be significantly different to those provided by the index and more traditional Asian equity funds

Colour
Black

Meet the Manager

Why invest?  

Asia-specific

The Fund focuses on companies listed or operating in Asia, giving  exposure to the world’s fastest growing region.

Established

The Fund’s process has been shown to be effective, based on a philosophy developed by Paul Moore, over 30 years. This has produced attractive long term capital growth. 

Unrestricted

We have an authentic investment process where our exposure to countries, industry sectors or market capitalisation is determined solely by our conviction in the risk/ reward opportunities that we identify in individual stocks. Macroeconomic themes do not play a role in stock selection or portfolio construction. No conviction at the stock level = no investment.

Opportunistic and concentrated

The Fund aims to create long term wealth for our co-investors by finding and exploiting investment anomalies wherever they are. We find opportunities where others may only see risks.

The Fund’s portfolio typically consists of 15-35 stock-specific ideas in which we have the strongest conviction.

Co-investment

Our co-investors receive access to a unique subset of opportunities to which they would otherwise find difficult to access. The management team have significant investments in the PM Capital Asian Equities strategy – they invest for and with you.

 

This information does not constitute advice or recommendations, and is subject to change without notice. It does not take into account the objectives, financial situation or needs of any investor which should be considered before investing. Investors should consider a copy of the current Product Disclosure Statement, and seek their own financial advice prior to investing. Past performance is not a reliable guide to future performance and the capital and income of any investment may go down as well as up due to various market forces. The investment objective is not a forecast, and is only an indication of what the investment strategy aims to achieve over the medium to long term.

* The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned October 2018) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at www.zenithpartners.com.au .