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$4,667.3 million under management^ and a track record of achieving 14.5% 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 %Net %
Financials 22.1 22.1
Consumer Discretionary 15.8 15.8
Communication Services 15.6 15.6
Information Technology 11.1 10.1
Real Estate 3.9 3.9
Consumer Staples 3.1 3.1
Industrials 3.0 3.0
Other 2.3 2.3
Health Care 2.1 1.8
Utilities 1.0 1.0
Materials 0.8 0.8
Energy 0.7 0.7
Top 10 Positions3
StockCountryIndustry%
Taiwan Semiconductor Manufacturing Co Ltd Taiwan Information Technology 4.4
Tencent Holdings Ltd China Communication Services 4.1
Samsung Electronics Co Ltd Korea Information Technology 4.0
Alibaba Group China Consumer Discretionary 3.9
Ping An Insurance Group China Financials 3.6
AIA Group Ltd Hong Kong Financials 3.5
Autohome Inc China Communication Services 3.1
Kweichow Moutai Co Ltd China Consumer Staples 3.0
Kasikornbank PCL Thailand Financials 2.6
Meituan Dianping China Consumer Discretionary 2.6
“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 %Net %Currency%
China 8.1 8.1 17.6
China Ex PRC 31.4 31.4 -
Hong Kong 9.1 9.1 27.1
Taiwan 4.4 4.4 4.4
India 11.0 10.0 11.8
Korea 8.7 8.4 8.4
Malaysia 0.5 0.5 0.5
Philippines 2.4 2.4 2.4
Thailand 3.6 3.6 3.7
United States 0.1 0.1 31.8
Vietnam 2.3 2.3 2.3
China Renminbi Off Shore - - 10.0
Long: 68 stocks, 1 swap. Short: 2 stocks, 1 index. NB: USD exposure is through USD cash, USD denominated stock and derivatives over such stocks.
Top 10 Positions3
StockCountryIndustry%
Taiwan Semiconductor Manufacturing Co Ltd Taiwan Information Technology 4.4
Tencent Holdings Ltd China Communication Services 4.1
Samsung Electronics Co Ltd Korea Information Technology 4.0
Alibaba Group China Consumer Discretionary 3.9
Ping An Insurance Group China Financials 3.6
AIA Group Ltd Hong Kong Financials 3.5
Autohome Inc China Communication Services 3.1
Kweichow Moutai Co Ltd China Consumer Staples 3.0
Kasikornbank PCL Thailand Financials 2.6
Meituan Dianping China Consumer Discretionary 2.6
“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 [30 April 2019] .
  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.