Investment Objective
To achieve long term capital growth by investing primarily in Asian equities, principally in equity markets of Asia.
Fund Details
Latest Fund Expense Ratio: 1.22%
Launch Date(dd/mm/yyyy): 01/08/2004
Unit Price: HKD 61.5703
Fund Size: HKD 1,227.86M
Fund Commentary
Equity markets in Asia surged at the start of June, fuelled by optimism towards a promising economic recovery and additional support measures from governments and central banks. Whilst this development was partly tempered by concerns over a second wave of COVID-19 infections and dampened central bank predictions for the global economy, currencies in this region appreciated against the USD and further added to performance. Taiwanese stocks saw gains over the month, as technology equities recovered from losses due to the US-China tensions in May, whilst Korean equities trended higher. ASEAN markets advanced but lagged gains in China and Hong Kong. The Philippines was the standout market, with market surge taking gains by 40% over the March lows. Thailand was the only market to retreat over the month.
Fund Performance Information
| Annualised return |
Calendar year return |
1 year
(p.a. %) |
5 years
(p.a. %) |
10 years
(p.a. %) |
Since Launch
(p.a. %) |
2015 | 2016 | 2017 | 2018 | 2019 | Year To Date |
| 14.08% |
5.21% |
7.39% |
9.29% |
-9.77 | 4.15 | 39.57 | -17.99 | 16.99 | 7.21 |
Fund Performance Information
| Annualised return |
1 year
(p.a. %) |
5 years
(p.a. %) |
Since Launch
(p.a. %) |
| 14.08% |
5.21% |
9.29% |
| Calendar year return |
| 2015 | 2016 | 2017 | 2018 | 2019 | Year To Date |
| -9.77 | 4.15 | 39.57 | -17.99 | 16.99 | 7.21 |
Top 10 Holdings
| Security name |
Holdings Weight |
| TENCENT HOLDINGS LTD |
9.79% |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD |
8.65% |
| ALIBABA GROUP HOLDING LTD |
8.54% |
| SAMSUNG ELECTRONICS CO LTD |
6.16% |
| RELIANCE INDUSTRIES LTD |
5.36% |
| HONG KONG EXCHANGES AND CLEARING LTD |
4.62% |
| HDFC BANK LTD |
4.06% |
| AIA GROUP LTD |
3.66% |
| KAKAO CORP |
2.44% |
| LG CHEMICAL LTD |
2.00% |
| Total |
55.28% |
Top 10 Holdings
Security name
Holdings Weight |
| TENCENT HOLDINGS LTD
Holding Weight 9.79%
|
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
Holding Weight 8.65%
|
| ALIBABA GROUP HOLDING LTD
Holding Weight 8.54%
|
| SAMSUNG ELECTRONICS CO LTD
Holding Weight 6.16%
|
| RELIANCE INDUSTRIES LTD
Holding Weight 5.36%
|
| HONG KONG EXCHANGES AND CLEARING LTD
Holding Weight 4.62%
|
| HDFC BANK LTD
Holding Weight 4.06%
|
| AIA GROUP LTD
Holding Weight 3.66%
|
| KAKAO CORP
Holding Weight 2.44%
|
| LG CHEMICAL LTD
Holding Weight 2.00%
|
| Total: 55.28% |
Portfolio Allocation
- • 10 India
- • 10 Hong Kong
- • 13 South Korea
- • 14 Taiwan
- • 44 China
- • 1 Indonesia
- • 1 Philippines
- • 2 Thailand
- • 2 Singapore
- • 3 Cash and Others
The materials provided are for information only and do not constitute as an offer. For investment advice, please consult professional advisors. The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. MPF.HK shall not be responsible for any consequential effect, nor be liable for any direct, consequential, incidental, indirect loss or damage, howsoever caused, arising from the use of, inability to use or reliance upon any information or materials provided on this website, whether or not such loss or damage is caused by MPF.HK. Links to third party sites are provided for your information only. The content and software of these sites have been issued by third parties. As such, MPF.HK cannot be responsible for the accuracy of information contained in these sites, nor be held liable for any loss or damage arising from or related to their use.