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Platinum Asia Fund (Quoted Managed Hedge Fund) (PAXX) - Share Price and Research

$3.950 0.05 (1.28%)

General Information

Platinum Asia ETF
Platinum Asset Management
Equity Asia Pacific w/o Japan
MSCI AC Asia Ex Japan NR AUD
starstarstarstar (as at 31 Jul 2022)
Investment Fund
12 Sep 2017
$115.07 million (as at 30 Jun 2022)
$5.06 (as at 14 Jul 2021)
$4.95 (as at 14 Jul 2021)

Fund performance (31 Jul 2022)

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 -4.87 -3.19 -14.62 -13.24 -1.31 5.16 - -
Growth return -4.87 -6.28 -17.34 -16.01 -10.44 -2.12 - -
Income return 0 3.09 2.72 2.77 9.13 7.28 - -

Market index (MSCI AC Asia Ex Japan NR AUD)

Total return -2.65 -3.47 -13.82 -15.66 -1.02 1.88 4.55 9.51

Asset Allocation (31 Jul 2022)

Australian Equities 0%
International Equities 85.85%
Cash 14.15%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

To provide capital growth over the long-term by investing in undervalued companies in the Asian region excluding Japan.
The fund primarily invests in the listed securities of Asian companies. The fund will ideally consist of 50 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.

Offer information

Indirect Cost Ratio (ICR) 1.10% (as at 30 Jun 2021)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500.00
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2022)

Holding Type % of Portfolio
Taiwan Semiconductor Manufacturing Co Ltd Equity 4.79%
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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.

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Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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.

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