Portfolio Snapshots

We are an international equities manager, and we invest with a truly global outlook.

Here is a snapshot of the current portfolio disposition of our flagship Platinum Trust Funds and their key holdings.

Platinum Asia Fund

Platinum Asia Fund is our long-running Asia ex-Japan offering with A$5,210.2 million under management^ and a track record of achieving 15.0% compound return annually since inception (on 4/3/2003).*

Unconstrained by industry sector, the fund offers a diversified portfolio of companies from the Asian region (ex-Japan), including China and India, two of the world’s largest and fastest-growing economies, South Korea, as well as the dynamic markets of the ASEAN countries.

The fund’s actively managed currency exposure also provides substantial diversification.

Platinum Asia Fund is an unlisted, open-ended managed fund. Other products with a similar Asia ex-Japan strategy include:

Industry Breakdown1
SectorLong % Short %Net %
Info Technology 21.7 - 21.7
Consumer Discretionary 20.6 - 20.6
Financials 15.4 - 15.4
Communication Services 7.2 - 7.2
Industrials 5.9 - 5.9
Real Estate 5.0 - 5.0
Materials 2.9 - 2.9
Energy 2.9 - 2.9
Other 2.5 - 2.5
Consumer Staples 2.5 - 2.5
Health Care 1.4 - 1.4
Top 10 Positions3
StockCountryIndustry%
Samsung Electronics Co Ltd Korea Info Technology 6.7
Taiwan Semiconductor Taiwan Info Technology 6.0
AIA Group Ltd Hong Kong Financials 4.0
Tencent Holdings China Comm Services 3.7
SK Hynix Inc Korea Info Technology 3.4
Ping An Insurance China Financials 3.0
Kingsoft Corp Ltd China Info Technology 3.0
LG Chem Ltd Korea Materials 2.9
HDFC Bank India Financials 2.8
Midea Group China Cons Discretionary 2.6
Total 38.0
“China” indicates a company whose business is predominantly based in mainland China, regardless of whether its securities are listed on exchanges within or outside of mainland China.
Disposition of Assets2
Long %Short %Net %Currency%
Asia-Pacific 88.0 - 88.0 99.7
Macao 0.9 - 0.9 0.9
China 45.1 - 45.1 45.2
Hong Kong 7.2 - 7.2 7.8
Taiwan 6.9 - 6.9 6.9
India 8.4 - 8.4 9.1
Korea 13.0 - 13.0 13.0
Philippines 1.5 - 1.5 1.6
Singapore 0.9 - 0.9 1.3
Thailand 1.5 - 1.5 1.5
Vietnam 2.6 - 2.6 2.6
Australian Dollar - - - 1.6
China Renminbi Off Shore - - - 8.2
Europe - - - 0.1
UK Pound Sterling - - - 0.1
North America - - - 0.2
United States Dollar - - - 0.2
Sub-Total 88.0 - 88.0 100.0
Cash 12.0 - 12.0 -
Total 100.0 - 100.0 100.0
Long - 48 stocks
Top 10 Positions3
StockCountryIndustry%
Samsung Electronics Co Ltd Korea Info Technology 6.7
Taiwan Semiconductor Taiwan Info Technology 6.0
AIA Group Ltd Hong Kong Financials 4.0
Tencent Holdings China Comm Services 3.7
SK Hynix Inc Korea Info Technology 3.4
Ping An Insurance China Financials 3.0
Kingsoft Corp Ltd China Info Technology 3.0
LG Chem Ltd Korea Materials 2.9
HDFC Bank India Financials 2.8
Midea Group China Cons Discretionary 2.6
Total 38.0
“China” indicates a company whose business is predominantly based in mainland China, regardless of whether its securities are listed on exchanges within or outside of mainland China.
All data as at [31 December 2020] .
  1. “Long %” represents the Fund’s effective exposures to the relevant sectors as a percentage of the Fund’s NAV, taking into account direct stock holdings and long derivative positions (stocks and indices). “Net %” represents the Fund’s net exposures to the relevant sectors as a percentage of the Fund’s NAV, taking into account direct stock holdings and both long and short derivative positions (stocks and indices).
  2. “Long %” represents the Fund’s effective exposures to the relevant regions as a percentage of NAV through stock holdings and long derivatives (stocks and indices). “Net %” represents the Fund’s net exposures to the relevant regions as a percentage of NAV through stock holdings and both long and short derivatives (stocks and indices). “Currency %” represents the Fund’s effective exposures to the relevant currencies as a percentage of NAV through stock holdings, cash and the use of derivatives.
  3. The “Top 10 Positions” table shows the Fund’s top 10 long stock positions as a percentage of the Fund's NAV, taking into account direct stock holdings and long derivative positions.