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$5,132.9 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 %
Information Technology 17.9 - 17.9
Consumer Discretionary 16.8 - 16.8
Financials 12.9 - 12.9
Industrials 12.1 - 12.1
Real Estate 9.3 - 9.3
Materials 3.5 (0.3) 3.2
Consumer Staples 2.4 - 2.4
Communication Services 1.9 - 1.9
Health Care 1.2 - 1.2
Other 2.7 (7.6) (4.9)
Top 10 Positions3
StockCountryIndustry%
AIA Group Ltd Hong Kong Financials 3.6
China Resources Land Ltd China Real Estate 2.7
Huazhu Group Ltd China Consumer Discretionary 2.6
Kingsoft Corp Ltd China Information Technology 2.6
Ping An Insurance Group China Financials 3.2
Samsung Electronics Co South Korea Information Technology 5.2
SK Hynix Inc South Korea Information Technology 3.1
Taiwan Semiconductor Taiwan Information Technology 5.0
Vietnam Ent Investments Vietnam Other 2.7
Weichai Power Co Ltd China Industrials 3.0
Total 33.7
“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 80.6 (7.9) 72.7 86.1
Australia - - - 0.2
China 42.5 - 42.5 42.7
Hong Kong 7.7 - 7.7 15.2
Taiwan 6.1 - 6.1 6.1
India 5.3 (2.6) 2.8 2.8
Japan - (0.3) (0.3) 0.1
Macao 1.0 - 1.0 1.0
Philippines 1.2 - 1.2 1.2
Singapore 1.5 - 1.5 1.5
South Korea 10.9 (5.0) 5.8 11.0
Thailand 1.6 - 1.6 1.6
Vietnam 2.7 - 2.7 2.7
Europe - - - 0.3
United Kingdom - - - 0.3
North America - - - 13.6
United States of America - - - 13.6
Sub-Total 80.6 (7.9) 72.7 100.0
Cash 19.4 - 27.3 -
Total 100.0 - 100.0 100.0
Long - 50 stocks Short - 1 swap, 2 indices
Top 10 Positions3
StockCountryIndustry%
AIA Group Ltd Hong Kong Financials 3.6
China Resources Land Ltd China Real Estate 2.7
Huazhu Group Ltd China Consumer Discretionary 2.6
Kingsoft Corp Ltd China Information Technology 2.6
Ping An Insurance Group China Financials 3.2
Samsung Electronics Co South Korea Information Technology 5.2
SK Hynix Inc South Korea Information Technology 3.1
Taiwan Semiconductor Taiwan Information Technology 5.0
Vietnam Ent Investments Vietnam Other 2.7
Weichai Power Co Ltd China Industrials 3.0
Total 33.7
“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 March 2021] .
  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.