Investment Objective


Actively managed and diversified portfolio of typically 20 – 40 high quality emerging market companies diversified by geography, industry and market capitalisation.

A long-term investment approach based on the belief that superior investment returns rely on fundamental investment research, good judgement and experience.

The ability for the portfolio manager to call on the research from typically 400 research meetings a year visiting companies in their home market.

Fund Facts

Benchmark MSCI Emerging Markets Total Return Index in AUD
Stock Range 20 – 40
Individual Stock Weight 0-10%
Inception Date 22 July 2020
Fund Size $11.4m
Distribution Frequency Semi-Annual
Base Management Fee 1.23% p.a.
Performance Fee 20.5% of after-management fee performance over the Benchmark subject to a relative high-water mark
Buy/Sell Spread 0.50% / 0.50%
Currency Unhedged
APIR Code WRA4779AU
ARSN 642 392 863

Performance, Prices & Distributions


Net returns as at 30 June 2021

1 month % 3 months % FYTD % 1 year % 3 years % pa 5 years % pa 10 years % pa Since inception (22/07/2020) % pa
Fund +0.67 +1.96 +12.11 - - - - +12.11
Benchmark +3.28 +6.57 +23.27 - - - - +23.27
Relative Return -2.61 -4.61 -11.16 - - - - -11.16

Past performance is not a reliable indicator of future performance. The return of capital is not guaranteed.
This is a new fund. Fund inception date 22 July 2020.
For since inception performance of the Global Emerging Markets strategy by the underlying manager, Northcape Capital visit https://www.northcape.com.au/funds/global-emerging-markets/#performance

Current Unit Price
Prices as at 23 July 2021

Month-end Unit Price
Prices as at 30 June 2021

Application $1.1107 $1.1267
Redemption $1.0997 $1.1155

This is a new fund. Fund inception date 22 July 2020.

Distribution Rate Reinvestment Price
30 June 2021 $0.01575703 $1.1109
31 December 2020 $0.00 N/A

This is a new fund. Fund inception date 22 July 2020.

Portfolio Holdings

As at 30 June 2021

Company Name Sector Country Weighting
Techtronic Industries Co., Ltd. Industrials Hong Kong 7.6%
Taiwan Semiconductor Manufacturing Co., Ltd. Information Technology Taiwan 7.4%
Samsung Electronics Co., Ltd. Information Technology South Korea 7.1%
Top Glove Corp Health Care Malaysia 5.7%
LG Household & Health Care Ltd Consumer Staples South Korea 5.6%
America Movil Communication Services Mexico 4.3%
Maruti Suzuki Consumer Discretionary India 4.2%
Tata Consultancy Information Technology India 4.2%
Hdfc Bank Financials India 3.6%
Hartalega Holdings Health Care Malaysia 3.6%
53.3%

Portfolio holdings are subject to change

As at 30 June 2021

 
28% Information Technology
14% Industrials
12% Financials
11% Consumer Staples
9% Healthcare
9% Communication Services
7% Consumer Discretionary
2% Utilities
1% Materials
7% Cash
 

As at 30 June 2021

 
17% South Korea
17% India
14% Taiwan
13% Other
11% China/HK
10% Malaysia
8% Mexico
2% Thailand
1% Brazil
 

Fund Ratings & Platform Availability

Organisation Rating / Recommendation
Zenith Investment Partners Recommended
Lonsec Research Recommended
Platform
BT Panorama
BT Wrap
HUB24
Powerwrap
Praemium