PM Capital cheap for China exposure

It's off many investors' radars, but PAF remains a cheap option for Chinese exposure.

PM Capital Asian Opportunities Fund’s focus on companies operating in Asia (ex-Japan) has meant that many of its holdings have been affected over the past year by increasing concerns over whether Chinese authorities can successfully transition the country from an investment-led economy to one led by consumption. These concerns have not only impacted companies directly involved in the Chinese economy, but also those indirectly impacted by it due to their dependence on the Chinese consumer.

Given this, we were happy to see portfolio manager Kevin Bertoli take advantage of the market pessimism in the first quarter of calendar year 2016 – and in particular in January and February – to take PAF to a fully invested position.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles