Royal London Asia Pacific ex Japan Tracker Z

Index fund investing in Asia and Australasia.

  • 619.80p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • -
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.20%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.28%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 3.00%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 25 September 2020, fund data last updated 01 January 2002

The Fund aims to achieve capital growth by tracking the companies making up the FTSE World Asia Pacific ex Japan Index. The index comprises large and mid-cap stocks, providing coverage of the developed and advanced emerging markets in Asia (excluding Japan) and Australasia. The index is derived from the FTSE Global Equity Index Series (GEIS), which covers 98% of the world’s investable market capitalisation.

Fund summary

Sector Asia Pacific Excluding Japan
Structure UNIT TRUST
Launched March, 1990
Size £978m
Yield 3.00%
Charging basis Income
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 0.20%
Ongoing charges figure 0.28%

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Investment process

Manager research

Average monthly relative returns

  • 15/16 0.03%
  • 16/17 -0.25%
  • 17/18 0.13%
  • 18/19 -0.03%
  • 19/20 -0.50%

Bestinvest MRI

  • 3 years -0.13%
  • 5 years -0.12%
  • Career -0.13%
  • 3 years 31.60%
  • 5 years 26.10%
  • Career 20.60%

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

Symon Bradford

Bradford joined the RLAM Quantitative team in 2004. He is responsible for management of the US passive funds. Prior to RLAM Symon has worked in quantitative investment management and research for over 20 years. Before RLAM, he was at M&G, Wood Mackenzie/NatWest Securities and Tilney Investment Management. Additionally, he previously sat on several index committees and was one of the originators to the FT Actuaries World Indices (now run by FTSE).

Track record

Symon Bradford has 7.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.13%. During the worst period of relative performance (from April 2014 - March 2020) there was a decline of 14% relative to the index. The worst absolute loss has been 22%.

Periods of worst performance

Absolute -22.00% (July 2019 - March 2020)
Relative -14.00% (April 2014 - March 2020)

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.

Allocation

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Top 10 holdings

Data accurate as at 31 July 2020

9.4963% Taiwan Semiconductor Manufacturing
6.6675% Samsung Electronics Krw100
3.2365% Aia Group Ltd
2.5991% Australia (Commonwealth Bank Of)
2.4945% Csl
2.2402% Bhp Group Ltd
1.7217% Hk Exchanges And Clearing Hkd1
1.2801% Westpac Banking Corp Common Stock Npv
1.155% National Australia Bank Ltd
1.0798% Wesfarmers
Source: Trustnet

Sector breakdown

Financials 29.00%
Technology 24.00%
Industrials 10.00%
Basic Materials 8.00%
Consumer Goods 7.00%
Consumer Services 7.00%
Health Care 6.00%
Utilities 3.00%
Oil & Gas 3.00%
Telecommunications 2.00%

Key Investor Information

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