Maple-Brown Abbott Australia Plus Asia Trust


(as at 28 Feb 2019)

Performance 1 mth % 3 mths % 1 yr % p.a. 3 yrs % p.a. 4 yrs % p.a. 5 yrs % p.a. Since inception % p.a. *
Fund ** 6.0 9.2 2.8 12.9 4.0 5.4 6.4
Benchmark *** 6.0 9.9 6.8 12.9 5.6 7.3 6.6

Performance chart
(as at 28 Feb 2019)

Data Source: Maple-Brown Abbott and IRESS

Unit price as at 22 Mar 2019

Redemption price $ 1.1614

Net asset value $ 1.1641

Application price $ 1.1668

Contact us

Maple-Brown Abbott

Phone: +61 (0) 2 8226 6200

Asia Pacific equities
Quarterly Investment Update, December 2018
Aaron Macksey

PERFORMANCE DISCLAIMER: Please note that the figures above represent past performance, and past performance is not a reliable indicator of future performance. Returns are volatile and may fluctuate quickly and significantly. Neither Maple-Brown Abbott Limited nor any other person makes any representation nor gives any guarantee as to the future performance or success of, the rate of income or capital return from, recovery of money invested in, or income tax or other taxation consequences of, any investment in the trusts shown on this website.

* Inception date is 20 December 2005.

** Total return is based on the movement in net asset value per unit plus distributions and is before tax and after all fees and charges. Imputation and foreign tax credits are not included in the performance figures.

*** The benchmark is the S&P/ASX 300 Index (Total Returns).

About the Fund

Investment objective

The Fund aims to outperform the S&P/ASX 300 Index (Total Returns) over rolling four-year periods.

Key benefits

  • Access to a fund that offers exposure to both Australian and Asian shares that aims to deliver long-term capital growth
  • The potential to receive quarterly distributions
  • The potential for tax-effective income through access to franked dividends derived from the Australian equities holdings within the Fund
  • The opportunity to invest in a fund managed by a team of experienced and dedicated investment professionals
  • Access to investment opportunities and risk management techniques not generally available to individual investors

Fund facts
(as at 28 Feb 2019) Latest Fact Sheet

Fund size $ 14.9 Million
Inception date Dec 2005
Distribution frequency Quarterly
Unit pricing frequency Daily
Minimum initial investment $ 500,000
Minimum additional investment $ 10,000

Significant holdings
(as at 28 Feb 2019)

Australia & New Zealand Banking Gp
BHP Billiton
National Australia Bank
Origin Energy
QBE Insurance Group
Rio Tinto
Telstra Corporation
Westpac Banking Corporation
Woodside Petroleum

Value and balance sheet characteristics
(as at 28 Feb 2019)

  Fund Market *
Price:Earnings Ratio 12.3 15.8
Price:Cash Flow Ratio 8.6 11.1
Price:Net Tangible Assets Ratio 1.6 2.5
Grossed up Dividend Yield (%) 5.8 5.1
Balance Sheet Strength ** 0.27 0.38

* Represents our quantitative data which includes 97.8% of the index weight of the stocks in the Benchmark, plus non-Benchmark stocks.

** Cash Flow/Total Liabilities.

The figures shown above are based on 2019 estimates.

Asset allocation
(as at 28 Feb 2019)

Risk measures AUD
(as at 28 Feb 2019)

  Fund Benchmark
Annualised Monthly Volatility (%) * 12.2 13.3
Tracking Error (ex-ante) 3.4
Beta vs Benchmark 1.0

* Since Inception

Sector weights vs. benchmark
(as at 28 Feb 2019)


Distribution history

Here you will find the distribution history for the Fund.

Generally, the main components of distributions are dividends received, and interest, realised capital gains and other income derived by the Fund, less fees and expenses.

The distributions are expressed as cents per unit.

If you would like more information or have any questions, please contact us on +61 (0) 2 8226 6200 or

Date Cents per unit Div 12-H Summary Taxable Component Summary
31/12/2018 1.1516 ¢ Div 12-H Summary n/a
30/09/2018 1.9612 ¢ Div 12-H Summary n/a
30/06/2018 2.6635 ¢ Div 12-H Summary n/a
31/03/2018 0.5405 ¢ Div 12-H Summary n/a
31/12/2017 0.9243 ¢ Div 12-H Summary n/a

Download distribution history

Unit prices

Unit price history

Here you will find the unit price history for the Fund.

If you would like more information or have any questions, please contact us on +61 (0) 2 8226 6200 or

Date Redemption price Net asset value Application price
22/03/2019 $ 1.1614 $ 1.1641 $ 1.1668
21/03/2019 $ 1.1562 $ 1.1589 $ 1.1616
20/03/2019 $ 1.1571 $ 1.1598 $ 1.1625
19/03/2019 $ 1.1591 $ 1.1618 $ 1.1645
18/03/2019 $ 1.1560 $ 1.1587 $ 1.1614
15/03/2019 $ 1.1522 $ 1.1549 $ 1.1576
14/03/2019 $ 1.1517 $ 1.1544 $ 1.1571
13/03/2019 $ 1.1497 $ 1.1524 $ 1.1551
12/03/2019 $ 1.1525 $ 1.1552 $ 1.1579
11/03/2019 $ 1.1502 $ 1.1529 $ 1.1556

^ Ex price.

Download unit price history

Forms & reports

Forms & reports

Below is a range of important forms and reports that are available.

To invest with us you should ensure you have read the Information Memorandum (IM) before completing the Initial Application.

The Fact Sheet will provide you with an update on the Fund including performance and positioning.

If you would like more information or have any questions, please contact us on +61 (0) 2 8226 6200 or

Invest now

Invest now

It is easy to invest with Maple-Brown Abbott, just follow the steps below. And if you have any questions please contact us on +61 (0) 2 8226 6200.

Step 1: Read the current Information Memorandum (IM)

Read the current Information Memorandum (IM). Carefully read the to ensure that you understand how the product works and the risks involved.

Or, you can request a paper copy be mailed to you by completing our online form or contacting us on +61 (0) 2 8226 6200.

Step 2: Make an Initial Application

Existing investors should use the Additional Investment Request below.

Step 3: Investment confirmation

Once your application and payment are received, you'll receive confirmation of your investment details.

Still need help?

If you have any questions, please contact us +61 (0) 2 8226 6200 or

Fees And Costs

Management Costs *

% 1 & 2
% 3 & 4
% 3
% 3 & 5

0.48 0.00 n/a 0.02 0.50

1) Unless otherwise stated, all fees are quoted on a GST inclusive basis and net of any applicable Reduced Input Tax Credits.

2) The base fee is the fee we charge for managing the assets and overseeing the operations of the Fund, expressed as a percentage of the net asset value of the Fund. The Fund invests part of its assets in other funds which we manage. Base fees in those funds are either rebated or not charged, in respect of an investment by the Fund to avoid double counting of fees in respect of those underlying funds.

3) All other components of the management costs are based on the performance fee, indirect costs and recoverable expenses incurred during the prior financial year ended 30 June.

4) If the Fund (after fees) outperforms the Benchmark by more than 3% p.a., we are entitled to a performance fee of 20% (exclusive of GST) of the outperformance multiplied by the net asset value of the Fund. The performance fee of 20% is the maximum permitted under the Constitution, with the 3% p.a. hurdle rate being set at the inception of the Fund. No performance fee is payable by the Fund until all past underperformance relative to the Benchmark plus 3% p.a., if any, has been made up. On this basis, we expect no performance fee will be payable, however the actual performance fee may vary from what we expect. The performance fee is in addition to the base fee and so forms part of the management costs charged to investors.

5) Under the Fund’s Constitution we are entitled to be reimbursed for authorised expenses incurred in managing and administering a Fund, however at present we have chosen not to be reimbursed for routine fund expenses including registry, custodian, accounting and legal expenses (excluding transaction costs) which are paid by us out of our base fee. Audit costs are paid, and any levy payable to the Australian Securities and Investments Commission (ASIC) may be either fully or partly paid by us out of our base fee with the balance paid out of the Fund.

* Fees may be negotiated if you are a wholesale investor as defined in the Corporations Act 2001 (Cth).

Buy / Sell Spreads *

Total spread
0.23 / 0.23

* The buy-sell spread is an additional cost to you. This ensures existing investors are not disadvantaged due to the costs associated with buying or selling the Fund’s investments as a result of applications and withdrawals.