First State Asian Equity Plus Fund Class I USD Income
Also available as accumulation units
Overview
| Initial charge | 5.00% |
|---|---|
| Initial saving | 4.75% |
| Annual charge | 1.50% |
| Annual saving | 0.000% ² |
| Performance charges | No |
| Total Expense Ratio | 1.67% |
| Launch date | 14-07-2003 |
| Launch price | $10.00 |
| Sector | Offshore |
| Fund size | $1,737 million |
| Number of holdings | 116 |
| Fund type | OEIC |
| Type of units | Income |
Please read the Simplified Prospectus in addition to the information above.
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Martin Lau
Located in: Hong Kong
Martin Lau, Director - Greater China Equities
Martin Lau was appointed Director, Greater China Equities in October 2003 following the merger of the Edinburgh-based Asia Pacific team with the Hong Kong and Singapore Asian teams in September 2003. Martin joined First State Investments in April 2002 as Senior Portfolio Manager, responsible for the management of First State's Greater China and regional funds. In spring of 2007 he was appointed Co-Manager on two funds in the Asia Pacific region.
Martin started his investment career in 1995 with BZW in London as part of their risk management team. He subsequently spent six years with Invesco as a fund manager responsible for the Greater China funds, Smaller Companies fund and regional portfolios.
Martin graduated from Cambridge University with a Bachelor of Arts degree and a Masters degree in Engineering. He is also a CFA charterholder.
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Income details
| Running yield | N/a |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 August 2010 |
|---|---|
| Payment date ³ | 30 September 2010 |
Top 10 holdings
| Qbe Insurance Group | 3.79% |
|---|---|
| Taiwan Semiconductor Manufacturing | 3.62% |
| Shinsegae Co. | 3.53% |
| Cheung Kong (Holdings) | 3.20% |
| Chunghwa Telecom Co. | 2.93% |
| Oversea-Chinese Banking | 2.82% |
| Yuhan Corp. | 2.51% |
| Brambles Ltd | 2.27% |
| Newcrest Mining | 2.16% |
| Delta Electronics | 2.14% |
Top 10 sectors
| General Industrials | 8.87% |
|---|---|
| Personal Goods | 8.68% |
| Banks | 6.82% |
| Technology Hardware & Equipment | 6.67% |
| General Retailers | 6.38% |
| Fixed Line Telecommunications | 5.87% |
| Real Estate Investment & Services | 5.21% |
| Nonlife Insurance | 4.54% |
| Food Producers | 4.16% |
| Electronic & Electrical Equipment | 3.65% |
Top 10 countries
| Hong Kong | 26.87% |
|---|---|
| Taiwan | 14.99% |
| Singapore | 13.31% |
| South Korea | 12.00% |
| Australia | 9.47% |
| India | 7.84% |
| China | 5.08% |
| Thailand | 3.35% |
| Philippines | 2.41% |
| Malaysia | 1.76% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 15-03-2010. Data accurate as at 31/01/2010.
