Asia ex-Japan Fund - Institutional US Dollar
ISIN: IE00B284YV67


NAV price as at 16 Oct 2019

USD $   1.1021

Contact us

Asia Pacific Region

Christine Cameron
Head of Institutional & Strategic Relationships

Maple-Brown Abbott

Phone: + 61 (0) 2 8226 6200
Mobile: +61 (0) 434 562 001
Fax: + 61 (0) 2 8226 6201

United Kingdom, Europe and Middle East

Susan Douse
Managing Partner - Douse Associates

Phone: +44 7841 142 610

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 29 March 2017.

** The Fund’s performance is based on the movement in net asset value per share and is before tax and after all fees and charges. Tax credits are not included in the performance figures.

*** MSCI AC Asia ex-Japan Net Index USD.

Source MSCI: The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (

About the Fund

Investment objective

The Fund aims to outperform the MSCI All Countries Asia Excluding Japan Net Index over rolling four-year periods.

Key features

  • An actively managed fund that invests in Asian equity markets, excluding Japan
  • Value investment philosophy
  • Bottom-up stock selection based on detailed analysis
  • Focus on companies that we believe are priced at an attractive discount to our assessment of their underlying value

Fund facts
(as at 30 Sep 2019) Latest Fact Sheet

Fund size $ 30.0 Million
ISIN code IE00B284YV67
SEDOL code B284YV6
Fund Inception date Oct 2007
Base currency USD
Class Currency USD
Unit pricing frequency Daily
Minimum initial investment USD $ 1,000,000
Minimum additional investment USD $ 25,000

Significant holdings
(as at 30 Sep 2019)

CK Hutchison Holdings
Housing Development Finance
PICC Property & Casualty - H Share
Samsung Electronics
State Bank of India
Taiwan Semiconductor Manufact. Co
Tencent Holdings

Value and balance sheet characteristics
(as at 31 Aug 2019)

  Fund Market *
Price:Earnings Ratio 9.5 11.1
Price:Cash Flow Ratio 5.7 8.0
Price:Net Tangible Assets Ratio 1.1 1.4
Dividend Yield (%) 3.4 3.2
Balance Sheet Strength ** 0.38 0.39

* Represents our quantitative data which includes 90.7% 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 2020 estimates.

Risk measures USD
(as at 31 Aug 2019)

  Fund Benchmark
Annualised Monthly Volatility (%) * 20.3 21.2
Tracking Error (ex-ante) 4.0
Beta vs Benchmark 0.9
Annualised Information Ratio (%) * 0.2

* Since inception.

Sector weights vs. benchmark
(as at 30 Sep 2019)

Country weights vs. benchmark
(as at 30 Sep 2019)

^ The Total Expense Ratio is capped at 1.0%.

^^ The Company reserves the right to impose “an anti-dilution levy” representing a provision for market spreads (the difference between the prices at which assets are valued and/or bought and sold), duties and charges and other dealing costs relating to the acquisition or disposal of assets and to preserve the value of the underlying assets of a Fund as a result of material net subscriptions or redemptions.

Net asset values

Net asset value history

Date Class Currency NAV price
16/10/2019 USD $ 1.1021
15/10/2019 USD $ 1.0979
14/10/2019 USD $ 1.0937
11/10/2019 USD $ 1.0864
10/10/2019 USD $ 1.0671
09/10/2019 USD $ 1.0635
08/10/2019 USD $ 1.0612
04/10/2019 USD $ 1.0607
03/10/2019 USD $ 1.0634
02/10/2019 USD $ 1.0628

Download net asset value history

Invest with us

Invest with us

1. Carefully read the Key Investor Information and Prospectus

  • Key Investor Information Share Classes
  • Prospectus

2. Fill out and sign the application form

3. Fax the form to Northern Trust International Fund Administration Services (Ireland) Limited +3531 553 9414

4. Please send hard copy of the application form to:-

c/o Northern Trust International Fund Administration Services (Ireland) Limited
Georges Court
54-62 Townsend Street
Dublin 2
D02 R156

Still need help?

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Important information in relation to Maple-Brown Abbott Funds p.l.c.

This information has not been prepared specifically for Australian investors. It:

  • may contain references to dollar amounts which are not Australian dollars;
  • may contain financial information which is not prepared in accordance with Australian law or practices;
  • may not address risks associated with investment in foreign currency denominated investments; and
  • does not address Australian tax issues.