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  5. Antipodes Asia Income Fund - Managed fund profile

Antipodes Asia Income Fund - Managed Fund

Fund Objective
The Fund aims to generate regular income with some long-term capital growth.
Fund Strategy
The Fund is managed using a disciplined value-oriented approach supported by intensive, on-the-ground bottom-up fundamental research resulting in a concentrated portfolio of fixed interest securities issued by companies in Asia and the Middle East, which, in the view of the Investment Manager, are undervalued, on either an absolute or a relative basis, have the potential to generate regular income and have the potential for some capital appreciation.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.26% 1.82% 6.46% 15.56% 15.18% -0.91% 0.74% 4.85%
Growth return 0.26% 0.28% 3.27% 8.75% 8.39% -6.75% -6.63% -%
Income return 0% 1.54% 3.19% 6.81% 6.79% 5.84% 7.37% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.12% 2.23% 4.45% 4.05% 2.94% 1.87% 1.92%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Antipodes Asia Income Fund
International Equities
0.11%
Cash
1.74%
Fixed Interest
98.15%
Australian Equities
0%
Alternatives
0%
Average Allocation of Peers
International Equities
0.05%
Cash
26.17%
Fixed Interest
73.37%
Australian Equities
0.39%
Alternatives
0.03%

General Information

Fund Details
Type Description
Antipodes Asia Income Fund
Equity Trustees Ltd
MAQ0782AU
Non Investment Grade Debt
starstarstar (as at 31 Oct 2024)
Investment Fund
31 Aug 2011
$83.93 million (as at 31 Oct 2024)
$0.82 (as at 18 Nov 2024)
$0.8119 (as at 18 Nov 2024)
Open
Offer information
Type Description
MER 1.13% (as at 22 Apr 2024)
Indirect Cost Ratio (ICR) 1.13% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $10,000.00
Minimum redemption amount $10,000.00

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
PT ABM Investama Tbk 9.5% Bond - Corporate Bond 3.48%
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FAQs about the Antipodes Asia Income Fund

The objective of the Antipodes Asia Income Fund managed fund is The Fund aims to generate regular income with some long-term capital growth.

The strategy of the Antipodes Asia Income Fund managed fund is The Fund is managed using a disciplined value-oriented approach supported by intensive, on-the-ground bottom-up fundamental research resulting in a concentrated portfolio of fixed interest securities issued by companies in Asia and the Middle East, which, in the view of the Investment Manager, are undervalued, on either an absolute or a relative basis, have the potential to generate regular income and have the potential for some capital appreciation.

The APIR code of the Antipodes Asia Income Fund managed fund is MAQ0782AU.

Antipodes Asia Income Fund’s total return last month was 0.26%. This was made up of a growth return of 0.26% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Antipodes Asia Income Fund’s total return for the last three months was 1.82%. This was made up of a growth return of 0.28% and an income return of 1.54%%. These returns were calculated as at 31 Oct 2024.

Antipodes Asia Income Fund’s one-year total return is 15.56%. This was made up of a growth return of 8.75% and an income return of 6.81%. These returns were calculated as at 31 Oct 2024.

Antipodes Asia Income Fund’s one-year total return is -0.91%. This was made up of a growth return of -6.75% and an income return of 5.84%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Antipodes Asia Income Fund managed fund is :

International Equities
0.11%
Cash
1.74%
Fixed Interest
98.15%
Australian Equities
0%
Alternatives
0%

The Responsible Entity for the Antipodes Asia Income Fund managed fund is Equity Trustees Ltd.

The Antipodes Asia Income Fund managed fund belongs to the Non Investment Grade Debt sector/asset class.

As at 31 Oct 2024, the size of the Antipodes Asia Income Fund managed fund was $83.93 million.

The Antipodes Asia Income Fund managed fund has an inception date of 31 Aug 2011.

The current entry price of the Antipodes Asia Income Fund managed fund is $0.82 per unit and the current exit price is $0.8119 per unit (as at 18 Nov 2024).

The current exit price of the Antipodes Asia Income Fund managed fund is $0.8119 per unit and the current entry price is $0.82 per unit (as at 18 Nov 2024).

The minimum initial investment amount for the Antipodes Asia Income Fund managed fund is $25,000. Minimum additional investment is $10000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.