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

- Current share price for PAXX : $4.300

Platinum Asia Fund (Quoted Managed Hedge Fund) (PAXX) is a feeder fund that primarily invests in the unlisted Platinum Asia Fund. The returns of PAXX may vary from the returns of PAF's performance fee P Class due to different cash holdings as well as gains and losses arising as a result of PAXX's market making activities.

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 Mar 2024)
Investment Fund
12 Sep 2017
$92.94 million (as at 30 Nov 2023)
$4.32 (as at 30 Aug 2023)
$4.12 (as at 30 Aug 2023)

Fund performance (31 Mar 2024)

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 2.66 7.29 4.84 1.89 4.35 -2.98 5.4 -
Growth return 2.66 7.29 4.84 0.41 1.92 -9.5 -0.4 -
Income return 0 0 0 1.48 2.43 6.52 5.8 -

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

Asset Allocation (31 Mar 2024)

Australian Equities 0%
International Equities 97.79%
Cash 2.21%
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) 1.11% (as at 30 Jun 2022)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500.00
Minimum redemption amount

Top 10 holdings (as at 31 Jan 2024)

Holding Type % of Portfolio
Taiwan Semiconductor Manufacturing Co Ltd Equity 6.97%
Login now to view the complete list of holdings.

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.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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