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 International Brands Fund

Platinum International Brands Fund invests in companies from around the world with well-recognised consumer brand names, including producers of luxury goods, consumer durables, food and beverages, homeware and personal care products, as well as retailers and financial services providers.

Established in 2000, the fund now has A$519.7 million under management^ and a track record of delivering 11.7% compound return annually since inception (on 18/5/2000).*

Unconstrained by geography, Platinum International Brands Fund provides exposure to a diverse selection of companies from both developed and emerging markets, ranging from established multinationals with iconic, globally-recognised consumer brands to companies with strong local or regional presence.

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

Industry Breakdown1
SectorLong % Short %Net %
Consumer Discretionary 53.2 (5.1) 48.0
Communication Services 17.6 - 17.6
Financials 10.9 - 10.9
Other 2.5 - 2.5
Industrials 2.8 (0.6) 2.2
Consumer Staples 4.6 (2.8) 1.7
Real Estate 0.6 - 0.6
Top 10 Positions3
StockCountryIndustry%
Tiffany & Co United States Cons Discretionary 5.4
Facebook Inc United States Comm Services 4.9
Alphabet Inc United States Comm Services 4.7
Tencent Holdings China Comm Services 4.5
Alibaba Group Holding Ltd China Cons Discretionary 4.0
TCS Group Holding Russia Financials 3.3
ASOS PLC UK Cons Discretionary 3.1
Lixil Group Japan Industrials 2.8
Sberbank Russia Financials 2.8
China Yongda Auto China Cons Discretionary 2.5
Total 37.8
“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 26.9 (0.7) 26.2 16.0
China 19.5 (0.7) 18.8 (0.7)
Hong Kong 1.8 - 1.8 6.8
Japan 3.7 - 3.7 4.2
Turkey 1.8 - 1.8 1.8
Australian Dollar - - - 4.0
Europe 24.6 (0.6) 24.1 42.5
Other Europe 2.5 - 2.5 -
Austria 1.7 - 1.7 -
Denmark 2.0 - 2.0 2.0
France 1.7 - 1.7 -
Germany 2.1 - 2.1 -
Ireland 2.0 - 2.0 -
Netherlands - (0.6) (0.6) -
Norway 1.7 - 1.7 12.4
Russia 6.0 - 6.0 -
United Kingdom 5.0 - 5.0 6.3
Euro - - - 21.8
North America 40.5 (7.3) 33.2 41.4
Canada 3.5 - 3.5 2.0
United States 37.0 (7.3) 29.7 39.4
Other 0.1 - 0.1 0.1
Zimbabwe 0.1 - 0.1 0.1
Sub-Total 92.1 (8.6) 83.5 100.0
Cash 7.9 - 16.5 -
Total 100.0 - 100.0 100.0
Long - 46 stocks, 1 swap, 1 index Short - 11 swaps
Top 10 Positions3
StockCountryIndustry%
Tiffany & Co United States Cons Discretionary 5.4
Facebook Inc United States Comm Services 4.9
Alphabet Inc United States Comm Services 4.7
Tencent Holdings China Comm Services 4.5
Alibaba Group Holding Ltd China Cons Discretionary 4.0
TCS Group Holding Russia Financials 3.3
ASOS PLC UK Cons Discretionary 3.1
Lixil Group Japan Industrials 2.8
Sberbank Russia Financials 2.8
China Yongda Auto China Cons Discretionary 2.5
Total 37.8
“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 June 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.