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 Fund

Platinum International Fund is our flagship global fund with a long/short strategy. It has A$10,548.4 million under management^ and a track record of achieving 12.3% compound return annually since inception (on 30/4/1995).*

A truly diversified portfolio of companies from around the world and across industry sectors, the fund offers investors exposure to undervalued businesses in both developed and emerging markets.

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

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

Industry Breakdown1
SectorLong %Net %
Financials 16.1 16.1
Communication Services 13.8 13.8
Industrials 11.2 11.2
Materials 10.2 10.2
Information Technology 9.9 8.7
Consumer Discretionary 6.3 3.9
Energy 5.8 5.8
Health Care 5.4 2.6
Consumer Staples 3.0 1.5
Real Estate 2.4 2.4
Other - (2.9)
Financials 16.1 16.1
Communication Services 13.8 13.8
Industrials 11.2 11.2
Materials 10.2 10.2
Information Technology 9.9 8.7
Consumer Discretionary 6.3 3.9
Energy 5.8 5.8
Health Care 5.4 2.6
Consumer Staples 3.0 1.5
Real Estate 2.4 2.4
Other - (2.9)
"Other" includes index short positions.
Top 10 Positions3
StockCountryIndustry%
Ping An Insurance Group China Financials 3.4
Samsung Electronics Co Ltd Korea Information Technology 3.3
Alphabet Inc USA Communication Services 2.7
Glencore plc Switzerland Materials 2.6
China Overseas land & Investment Ltd China Real Estate 2.4
Facebook Inc USA Communication Services 2.3
Sanofi SA France Health Care 2.1
PICC Property & Casualty Co Ltd China Financials 1.9
Schibsted ASA Norway Communication Services 1.9
TechnipFMC PLC UK Energy 1.9
“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%
Australia 0.2 0.2 0.7
Austria 1.1 1.1 -
Brazil 0.3 0.3 0.3
Canada 2.7 2.7 2.7
China 7.5 7.5 7.6
China Ex PRC 15.7 15.7 -
Hong Kong 0.8 0.8 13.1
Denmark 0.8 0.8 0.8
France 2.9 2.9 -
Germany 4.2 4.2 -
India 5.8 5.8 6.0
Italy 1.2 1.2 -
Japan 8.2 8.2 16.1
Korea 6.4 5.4 5.5
Norway 2.8 2.8 2.8
Switzerland 4.3 4.3 2.2
Thailand 0.6 0.6 0.6
United Kingdom 2.0 1.3 4.3
United States 16.8 7.8 40.7
China Renminbi Off Shore - - 15.0
Euro Currency - - 11.6
Long: 112 stocks, 3 swaps. Short: 14 stocks, 2 indices.
Top 10 Positions3
StockCountryIndustry%
Ping An Insurance Group China Financials 3.4
Samsung Electronics Co Ltd Korea Information Technology 3.3
Alphabet Inc USA Communication Services 2.7
Glencore plc Switzerland Materials 2.6
China Overseas land & Investment Ltd China Real Estate 2.4
Facebook Inc USA Communication Services 2.3
Sanofi SA France Health Care 2.1
PICC Property & Casualty Co Ltd China Financials 1.9
Schibsted ASA Norway Communication Services 1.9
TechnipFMC PLC UK Energy 1.9
“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 [28 February 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.