Asian
Equities
Asian
Equities
Cumulative performance
as of 31st december 2020
| 2020 | 1 month | 3 months | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| MANSARTIS ASIE ISR | 14.82% | 3.84% | 14.98% | 14.82% | 19.18% | 38.66% |
| MSCI ASIA (ex-Japan) NR EUR | 14.4% | 4.26% | 13.16% | 14.4% | 23.94% | 67.39% |
Net Asset Value
as of 31st december 2020
| MANSARTIS ASIE ISR | 503.2€ |
|---|
Investment Strategy
Asia today is the world’s largest economic zone, home to more than 60 percent of the earth’s population. The region is enjoying vigorous economic growth, fast-paced urban development, and the emergence of a broad middle class. Asia’s economies are in the midst of a transition phase, heading towards an era of growth that will be increasingly powered by domestic consumption. In that regard, the region offers unrivaled prospects for growth. Asian exports still represent some 40 percent of the world’s total exports, comprising not only manufactured goods but also state-of-the-art technologies. Owing to their size and liquidity, Asian stock markets offer significant investment opportunities. Mansartis manages a portfolio based on strong convictions, built independently of the reference index and composed of some 50 Asian companies (excluding Japan) in which we have invested for the long term. We seek out growth companies in sectors with high barriers to entry, leaders in their respective industries, with durable competitive advantage.
Main holdings
as of 31st december 2020
| Taiwan Semiconductor Adr | 7.72 % |
|---|---|
| Tencent | 6.81 % |
| Samsung Electronics | 6.74 % |
| JD.com Adr | 5.78 % |
| ANTA Sports Products | 5.33 % |
| Vipshop | 5.31 % |
|---|---|
| Alibaba Adr | 5.05 % |
| Techtronic Industries | 4.67 % |
| Haier Smart Home | 4.45 % |
| TravelSky Technology | 4.29 % |
Geographical breakdown
as of 31st december 2020
| CHINA | 37.10 % |
|---|---|
| HONG KONG | 25.65 % |
| TAIWAN | 14.95 % |
| SOUTH KOREA | 12.29 % |
| Others | 10.01 % |
Sector breakdown
as of 31st december 2020
| c.discretionary | 41.35 % |
|---|---|
| technology | 24.23 % |
| telecom. | 10.69 % |
| c.staples | 10.03 % |
| Others | 13.71 % |
Capitalisation breakdown
as of 31st december 2020
| Large capitalisations : 80.68 % | > 10 Billions |
|---|---|
| Mid capitalisations : 18.24 % | 1 et 10 Billions |
| Small capitalisations : 1.11 % | < 1 Billion |
Risk / Reward indicator
To lower risk
To higher risk
Typically lower reward
Typically higher reward
IMPORTANT RISK NOT HELD IN THIS INDICATOR
Liquidity risk: in the event that trading volumes on the financial markets are low, the manager may not be able to sell the securities quickly under satisfactory conditions, which has a more or less significant impact on the purchase and sale price and in certain circumstances the overall liquidity of the fund.
Credit risk: this is the risk of deterioration in the credit quality of a public or private issuer or of default by the latter. In this case, the value of the debt securities in which the fund is invested may fall, leading to a fall in the net asset value of the fund.
Counterparty risk: there is a risk that the counterparty may default on forward exchange contracts.
- Isin : FR0007481429
- Bloomberg code : VIGPGCA
- Legal form : FCP (FR)
- AMF Classification : International equities
- Currency : Euro
- Date of inception : 08/04/1994
- Reference indicator : MSCI Asia ex Japan NR €
- Custodian : CACEIS BANK
- Valuation : Daily
- Management fees : 2.5% MAXIMUM
- Subscription fees : None
- Redemption fees : None
- Tax provision : Non PEA eligible
This page is strictly for informational purposes and should not be considered a bid or offer, nor should it be interpreted as investment advice. Past performances presented herein are based on figures from past years, and cannot be considered as predictive of future performance, nor constitute a guarantee for current or future performance.