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 (Quoted Managed Hedge Fund) (ASX code: PAXX)

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Industry Breakdown (of Platinum Asia Fund "PAF")1
SectorLong %Net %
Financials 22.2 22.2
Consumer Discretionary 12.0 12.0
Communication Services 9.7 9.7
Information Technology 9.6 8.6
Real Estate 4.2 4.2
Industrials 3.6 3.6
Other 2.4 (0.7)
Health Care 1.6 1.6
Utilities 0.9 0.9
Materials 0.7 0.7
Consumer Staples 0.1 0.1
Top 10 Positions (of Platinum Asia Fund "PAF")3
StockCountryIndustry%
Samsung Electronics Co Ltd Korea Information Technology 4.2
Ping An Insurance Group China Financials 4.1
Tencent Holdings Ltd China Communication Services 3.5
AIA Group Ltd Hong Kong Financials 3.5
Meituan Dianping China Consumer Discretionary 3.1
Taiwan Semiconductor Manufacturing Co Ltd Taiwan Information Technology 3.0
Kasikornbank PCL Thailand Financials 2.9
Axis Bank Ltd India Financials 2.8
Bharti Airtel Ltd India Communication Services 2.6
Vietnam Enterprise Investments Ltd Vietnam Other 2.4
“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 Assets (of Platinum Asia Fund "PAF")2
Long %Net %Currency%
China 4.8 4.8 17.6
China Ex PRC 21.4 21.3 -
Hong Kong 7.6 7.6 26.5
Taiwan 3.0 - -
India 12.2 11.1 12.8
Korea 8.3 8.3 8.5
Malaysia 0.4 0.4 0.4
Philippines 2.9 2.9 (4.7)
Thailand 3.9 3.9 (1.2)
United States 0.1 0.1 48.1
Vietnam 2.4 2.4 2.4
China Renminbi Off Shore - - 10.4
Long: 58 stocks, 1 swap. Short: 1 swap, 2 indices. NB: USD exposure is through USD cash, USD denominated stock and derivatives over such stocks.
Top 10 Positions (of Platinum Asia Fund "PAF")3
StockCountryIndustry%
Samsung Electronics Co Ltd Korea Information Technology 4.2
Ping An Insurance Group China Financials 4.1
Tencent Holdings Ltd China Communication Services 3.5
AIA Group Ltd Hong Kong Financials 3.5
Meituan Dianping China Consumer Discretionary 3.1
Taiwan Semiconductor Manufacturing Co Ltd Taiwan Information Technology 3.0
Kasikornbank PCL Thailand Financials 2.9
Axis Bank Ltd India Financials 2.8
Bharti Airtel Ltd India Communication Services 2.6
Vietnam Enterprise Investments Ltd Vietnam Other 2.4
“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 May 2019] .
  1. “Long %” represents PAF’s effective exposures to the relevant sectors as a percentage of PAF’s NAV, taking into account direct stock holdings and long derivative positions (stocks and indices). “Net %” represents PAF’s net exposures to the relevant sectors as a percentage of PAF’s NAV, taking into account direct stock holdings and both long and short derivative positions (stocks and indices).
  2. “Long %” represents PAF’s effective exposures to the relevant regions as a percentage of PAF's NAV through stock holdings and long derivatives (stocks and indices). “Net %” represents PAF’s net exposures to the relevant regions as a percentage of PAF's NAV through stock holdings and both long and short derivatives (stocks and indices). “Currency %” represents PAF’s effective exposures to the relevant currencies as a percentage of PAF's NAV through stock holdings, cash and the use of derivatives.
  3. The “Top 10 Positions” table shows PAF’s top 10 long stock positions as a percentage of PAF's NAV, taking into account direct stock holdings and long derivative positions.