This website uses cookies. Read more. Okay

Asia ex-Japan

For investors with a higher risk profile seeking exposure to a diversified portfolio of listed Asian equities, excluding Japan.

OVERVIEW

The strategy seeks to outperform MSCI All Country Asia ex-Japan net total return (USD) Index over full market cycles, without undue risk to the capital.

STRATEGY

To achieve its goal, the strategy seeks to invest in quality Asia ex-Japan equities that present long-term investment value. It may include equities listed outside Asia but whose businesses are predominantly focused on the Asia ex-Japan region. The fund is actively managed and not constrained by the benchmark in its portfolio positioning and may have a substantial proportion of its portfolio invested in Chinese securities.

Long-term returns

Historic investment returns
YearFund Return %All Country Asia ex-Japan %
2021 (from 27/Jul)-7.9-4.0
2022-5.4-21.3
2023-3.81.6
202417.39.4
2025 (to 31/Aug)27.516.8

* Benchmark: MSCI Asia USD

Document downloads

Performance Overview

Insights

05 Sep 2025

MARKETS IN A NUTSHELL — FOR AUGUST 2025

In our monthly podcast, ‘Markets in a Nutshell’, Linda Eedes breaks down the key market trends of August 2025. Despite some market turbulence, global markets saw gains in August, driven by positive corporate…

Listen now

05 Sep 2025

MARKETS IN A NUTSHELL — FOR AUGUST 2025

Global markets moved higher in August, though the undercurrents were far from calm. Wall Street rose again, propelled by solid corporate earnings and fading inflationary pressures. European equities outperformed…

Read more
newsletter subscription
Sign Up Now