ASX Quoted Managed Funds
Buy and sell units on ASX with knowledge of intra-day indicative NAV per unit
No set minimum amount to invest
Annual distribution of fund income to investors
Investors preferring the open-ended structure of managed funds but favouring the convenience of placing trades through licensed brokers may consider the Platinum International Fund (Quoted Managed Hedge Fund) (ASX: PIXX), the Platinum Asia Fund (Quoted Managed Hedge Fund) (ASX: PAXX), and the Platinum Global Transition Fund (ASX: PGTX) which are actively managed funds quoted on the ASX.
Quoted managed funds offer investors the advantage of knowing the fund’s intra-day indicative NAV per unit before placing a trade. Units in ASX-quoted managed funds trade, clear and settle in the same way as do shares in ASX-listed companies, and therefore can be accessed through any licensed broker (including online broking platforms) without the need for lengthy paperwork.
Platinum International Fund (Quoted Managed Hedge Fund) (ASX code: PIXX)
PIXX is a feeder fund that primarily invests in the unlisted Platinum International Fund. It seeks to provide capital growth over the long-term by providing exposure to undervalued listed investments around the world.
Platinum Asia Fund (Quoted Managed Hedge Fund) (ASX code: PAXX)
PAXX is a feeder fund that primarily invests in the unlisted Platinum Asia Fund. It seeks to provide capital growth over the long-term by providing exposure to undervalued listed investments in the Asia ex-Japan region.
Platinum Global Transition Fund (Quoted Managed Hedge Fund) (ASX code: PGTX)
PGTX seeks to provide capital growth over the long-term by investing in undervalued companies from around the world that are enabling or contributing to the transition away from fossil fuel-derived energy and goods production and consumption i.e. the carbon transition.
