AXA Rosenberg Asia Pacific Ex Japan Z

A large cap fund investing in Far Eastern equities.

  • 442.30p Price (Inc)
  • - Price (Acc)
  • 0.00% Initial charge
  • 0.75% Annual management charge
  • 0.82% Ongoing charges
  • 2.40% Yield

Prices as at 06 December 2019

The aim of this Fund is to achieve capital growth over the medium to long term by investing in shares of Far Eastern companies (including Australia but excluding Japan) primarily.

Fund summary

Sector Asia Pacific Excluding Japan
Structure OEIC
Launched February, 1992
Size £177m
Yield 2.40%
Charging basis
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.82%

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Investment process

The fund aims to achieve capital growth over the medium to long term.

Manager research

Average monthly relative returns

  • 14/15 -0.07%
  • 15/16 0.14%
  • 16/17 -0.22%
  • 17/18 -0.54%
  • 18/19 -0.26%

Bestinvest MRI

  • 3 years -0.34%
  • 5 years -0.19%
  • Career -0.02%
  • 3 years 0.40%
  • 5 years 7.80%
  • Career 75.80%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

AXA Rosenberg Team

In 1999 a strategic alliance was formed with AXA Investment Managers and the Rosenberg Group became AXA Rosenberg. AXA owns 75% of the economic interest of AXA Rosenberg and the remaining 25% is owned by Rosenberg Partners. Launched in 1985 by Barr Rosenberg, Rosenberg has a global presence (San Francisco, London, Tokyo, Kong Kong and Singapore) and more than £29 billion of assets under management. The European equity team consists of 13 portfolio managers including Agustin Sevilla (CIO Europe). The Barr Rosenberg Research Centre in Orinda, California, is made up by 20 professionals. Their job is to continually investigate the fundamental drivers of equity returns.

Track record

Axa Rosenberg Team has 26.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.02%. During the worst period of relative performance (from April 2006 - August 2019) there was a decline of 30% relative to the index. The worst absolute loss has been 46%.

Periods of worst performance

Absolute -46.00% (May 2007 - February 2009)
Relative -30.00% (April 2006 - August 2019)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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Top 10 holdings

Data accurate as at 30 August 2019

9.2% Multi Units France Lyxor Ucits Etf Msci India Usd
5.1% Alibaba Group Hldg Ltd
5.1% Tencent Hldgs Ltd
2.6% China Construction Bank
2.3% Samsung Electronics Co
2.3% Taiwan Semiconductor Co
1.8% Hon Hai Precision Industry
1.7% Transurban Group
1.6% China Pacific Insurance Group Foreign - Equity
1.5% Hyundai Motor Co
Source: Trustnet

Sector breakdown

Financials 20.00%
Communications 12.00%
Information Technology 11.00%
Consumer Discretionary 11.00%
Mutual Funds 9.00%
Industrials 9.00%
Real Estate 8.00%
Others 8.00%
Materials 6.00%
Consumer Staples 6.00%

Key Investor Information

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