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WINTERTHUR FIRST STATE ASIA PAC LEADERS PF - Fund overview

Bestinvest rating 5 stars


Overview of WINTERTHUR FIRST STATE ASIA PAC LEADERS PF

This fund is run by a highly experienced manager with an absolute return mindset to investment. Historically, this style has provided greater downside protection than local indices, whilst usually at least matching benchmarks in rising markets. The manager's focus is on high quality, shareholder friendly companies, generally with a market capitalisation of at least US$1bn.

Standard Initial Charge

0.00% 0.00%

Fund summary

Sector  –
Product type  PENSION FUND
Launched  February, 2004
Size  £10m
Yield 0.0%
Charging basis  –
Dividends paid  –
Bid price 329.80p

Fund Charges

Standard Initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Total expense ratio 1.50%
Reduction in yield (10yr) 1.50%

Bestinvest says


This fund benefits from a highly experienced manager in Angus Tulloch with an absolute return mindset to investment. He offers a more cautious approach to the investment in the region, with a focus on high quality, shareholder friendly companies. Stock research is conducted by a large and well resourced team based in Edinburgh, Hong Kong and Singapore.

Portfolio

winterthur first state asia pac leaders pf asset allocation illustration
Allocation Proportion
Equity 98%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 2%
winterthur first state asia pac leaders pf equity geographic illustration
Allocation Proportion
UK 0%
Europe 0%
Nth America 0%
Japan 0%
Pacific 95%
Other Equity 5%
winterthur first state asia pac leaders pf equity capitalisation illustration
Allocation Proportion
Large Caps 98%
Mid Caps 2%
Small Caps 0%

Investment process


The objective of the fund is to produce capital growth by investing in companies in Asia (excluding Japan). The fund adopts more of an emphasis on preservation of capital compared to the peer group, as a consequence index outperformance is not a primary driver of investment decisions. The manager employs a fundamental bottom up approach to stock picking targeting companies that offer sustainable and predictable growth with an emphasis on company cash flow and balance sheet strength. Their outlook is generally medium to long term and avoids 'momentum' type stocks. Stock research is conducted by a large and well resourced team based in Edinburgh, Hong Kong and Singapore. This is supplemented through the resources made available by the house's parent company, Commonwealth Bank of Australia, who have offices in Australia.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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