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  5. Nikko AM New Asia - Managed fund profile

Nikko AM New Asia - Managed Fund (Closed)

Fund Objective
The Fund's investment objective is to outperform the MSCI All Country Asia ex Japan Index (in Australian Dollar terms) over the long term after fees and expenses but before taxes, by investing in Asian (ex Japan) securities and cash. Returns are not guaranteed.
Fund Strategy
As a guideline, the Fund will usually hold approximately 40 - 60 different securities. The main investments of the Fund will include: securities listed on stock exchanges across Asia, excluding Japan, but including Hong Kong, Singapore, China, South Korea, Taiwan, Malaysia, Thailand, Indonesia, Philippines, India, Pakistan and Sri Lanka.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 3.07% 11.55% -1.58% -15.6% -9.52% 1.85% 3.6% 8.5%
Growth return 3.07% 11.55% -1.58% -20.62% -20.07% -7.27% -2.27% 4.88%
Income return 0% 0% 0% 5.02% 10.55% 9.12% 5.87% 3.62%
Market index (MSCI AC Asia Ex Japan NR AUD)
Total return 2.34% 7.08% 7.79% 6.75% 4.42% -1.9% 3.69% 7.9%
As at 31 Jan 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Nikko AM New Asia
International Equities
96.33%
Cash
3.67%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.94%
Cash
3.75%
Property
2.11%
Fixed Interest
0%
Alternatives
0.20%

General Information

Fund Details
Type Description
Nikko AM New Asia
Closed
Nikko Asset Management Australia Limited
TGP0006AU
Equity Asia Pacific w/o Japan
starstarstar (as at 31 Jan 2023)
Investment Fund
4 Nov 2005
$4.55 million (as at 31 Jan 2023)
$1.7854 (as at 23 Feb 2023)
$1.7764 (as at 23 Feb 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.02% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Oct 2022)

Holding (as at 31 Oct 2022) Type % of Portfolio
AIA Group Ltd Equity 5.85%
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FAQs about the Nikko AM New Asia

The objective of the Nikko AM New Asia managed fund is The Fund's investment objective is to outperform the MSCI All Country Asia ex Japan Index (in Australian Dollar terms) over the long term after fees and expenses but before taxes, by investing in Asian (ex Japan) securities and cash. Returns are not guaranteed.

The strategy of the Nikko AM New Asia managed fund is As a guideline, the Fund will usually hold approximately 40 - 60 different securities. The main investments of the Fund will include: securities listed on stock exchanges across Asia, excluding Japan, but including Hong Kong, Singapore, China, South Korea, Taiwan, Malaysia, Thailand, Indonesia, Philippines, India, Pakistan and Sri Lanka.

The APIR code of the Nikko AM New Asia managed fund is TGP0006AU.

Nikko AM New Asia’s total return last month was 3.07%. This was made up of a growth return of 3.07% and an income return of 0%. These returns were calculated as at 31 Jan 2023.

Nikko AM New Asia’s total return for the last three months was 11.55%. This was made up of a growth return of 11.55% and an income return of 0%%. These returns were calculated as at 31 Jan 2023.

Nikko AM New Asia’s one-year total return is -15.6%. This was made up of a growth return of -20.62% and an income return of 5.02%. These returns were calculated as at 31 Jan 2023.

Nikko AM New Asia’s one-year total return is 1.85%. This was made up of a growth return of -7.27% and an income return of 9.12%. These returns were calculated as at 31 Jan 2023.

The asset allocation of the Nikko AM New Asia managed fund is :

International Equities
96.33%
Cash
3.67%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Nikko AM New Asia managed fund is Nikko Asset Management Australia Limited.

The Nikko AM New Asia managed fund belongs to the Equity Asia Pacific w/o Japan sector/asset class.

As at 31 Jan 2023, the size of the Nikko AM New Asia managed fund was $4.55 million.

The Nikko AM New Asia managed fund has an inception date of 4 Nov 2005.

The current entry price of the Nikko AM New Asia managed fund is $1.7854 per unit and the current exit price is $1.7764 per unit (as at 23 Feb 2023).

The current exit price of the Nikko AM New Asia managed fund is $1.7764 per unit and the current entry price is $1.7854 per unit (as at 23 Feb 2023).

The minimum initial investment amount for the Nikko AM New Asia managed fund is $10,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.