General Information

MLC MKBS-Platinum Asia
MLC Nominees Pty Ltd
Equity Asia Pacific w/o Japan
starstar (as at 31 Jul 2017)
Superannuation Fund
10 Sep 2012
$14.45 million (as at 31 Jul 2017)
$22.16403 (as at 17 Aug 2017)
$22.05347 (as at 17 Aug 2017)

Fund performance (31 Jul 2017)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.04 1.51 11 12.56 2.91 8.69 - -
Growth return 0.04 1.51 11 12.56 2.91 8.69 - -
Income return 0 0 0 0 0 0 - -

Market index (MSCI AC Asia Ex Japan NR AUD)

Total return 1.22 4.61 15.84 21.23 7.42 11.04 14.71 4.75

Asset Allocation (31 Jul 2017)

Australian Equities 0%
International Equities 91.78%
Cash 8.22%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

To provide capital growth over the long-term through searching out undervalued listed (and unlisted) investments in the Asian region excluding Japan.
The fund primarily invests in the listed securities of Asian companies. The fund will ideally consist of 75 to 100 securities that Platinum believes to be undervalued by the market. Cash may be held when undervalued securities cannot be found. Platinum may short sell securities that it considers overvalued. The Portfolio will typically have 50% or more net equity exposure. Derivatives may be used for risk management purposes and to increase returns.

Offer information

Indirect Cost Ratio (ICR) 2.04% (as at 10 Oct 2016) (Estimated)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2017)

Holding Type % of Portfolio
Alibaba Group Holding Ltd ADR Equity 4.30%
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