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asian-opportunities-fund
Share Class Inception Date: 20/12/2010
ISIN: LU0564044146

Asian Opportunities Fund

Concentrated, bottom-up Asian equity fund seeking to invest in undervalued high-quality companies with sustainable growth potential

This is a marketing communication. Please refer to the prospectus of the Fund and to the KIID/KID and / or offering documents before making any final investment decisions.

Morningstar Medalist Rating
As at 31/01/2025
Morningstar Rating
As at 28/02/2025
24.3336
NAV (USD)
As at 24/03/2025
0.0812 (0.33%)
NAV daily change
As at 24/03/2025
244.96 M
AUM (USD)
As at 24/03/2025

FUND OVERVIEW

Actively managed and seeks long-term total returns in excess of the MSCI All Country Asia ex Japan Index, by primarily investing in companies listed or operating in the Asia ex Japan region, with a focus on the identification of undervalued high-quality businesses.

Fund Highlights
  • Seeks to outperform the broad Asian equity market over the mid to long term by investing in attractively valued, well-run companies which we believe are capable of generating sustainably higher returns on capital than the market
  • Focus on "Ecosystem Analysis" - lateral research which includes meetings with the competitors, suppliers, customers, etc., that make up the ecosystem in which candidate companies operate
  • Distinguished by individual stock selection, unconstrained approach, bias towards quality and small to mid-caps, on-the-ground research and long holding periods

FUND TEAM

Niraj Dilip Bhagwat
Equity Portfolio Manager
32 years industry experience
16 years with Wellington
Niraj is a portfolio manager in Global Equity Portfolio Management and leader of the firm's Asia Pacific ex Japan team. He currently manages several Asia Pacific-based approaches.

KEY FUND FACTS

Fund Details
  • Base Currency
    USD
  • Fund Inception Date
    20/12/2010
  • Share Class Inception Date
    20/12/2010
  • Asset Class
    Equity
  • Domicile
    Luxembourg
  • Bloomberg
    WELASCA LX
  • ISIN
    LU0564044146
  • Reference Benchmark
    MSCI AC Asia ex Japan Net
Charges & Expenses
  • Management Fee
    0.90%
  • Ongoing Charges Figure
    1.05%
  • Minimum Investment
    USD 1.00 M
The Fund is authorised and regulated as a UCITS scheme by the Commission de Surveillance du Secteur Financier. The ongoing charges figure excludes Fund transaction costs, except in the case of depositary fees and an entry/exit charge paid by the Fund when buying or selling Shares in another collective investment undertaking. A detailed description of the charges that apply is set out in the section "Charges and Expenses" in the Prospectus. The ongoing charges figure may change over time. Charges applied will reduce the return potential of investments. Charges applied will reduce the return potential of investments. If an investor’s own currency is different from the currency shown, costs could increase or decrease due to currency or exchange related fluctuations.

PERFORMANCE

Cumulative PerformanceAs at 28/02/2025
Created with Highcharts 9.3.3Asian Opportunities Fund - USD S AccMSCI AC Asia ex Japan NetFeb 11May 11Aug 11Nov 11Feb 12May 12Aug 12Nov 12Feb 13May 13Aug 13Nov 13Feb 14May 14Aug 14Nov 14Feb 15May 15Aug 15Nov 15Feb 16May 16Aug 16Nov 16Feb 17May 17Aug 17Nov 17Feb 18May 18Aug 18Nov 18Feb 19May 19Aug 19Nov 19Feb 20May 20Aug 20Nov 20Feb 21May 21Aug 21Nov 21Feb 22May 22Aug 22Nov 22Feb 23May 23Aug 23Nov 23Feb 24May 24Aug 24Nov 24Feb 25-50%0%50%100%150%200%250%

Total return net of fees & expenses (%) as at 28/02/2025

SHARE CLASSYTD1 MO3 MOS1 YR3 YRS5 YRS10 YRSSince Inception
USD S Acc
(Total Return)
-3.0-1.9-1.811.1-6.518.574.6134.1
MSCI AC Asia ex Japan Net1.81.01.914.12.524.552.079.0

PAST PERFORMANCE DOES NOT PREDICT FUTURE RETURNS. AN INVESTMENT CAN LOSE VALUE. The inception date of the USD S Acc share class is 20/12/2010. Periods greater than one year are annualised. If an investor's own currency is different from the currency in which the fund is denominated, the investment return may increase or decrease as a result of currency fluctuations. Fund returns shown are net of USD S Acc share class fees and expenses. Fund returns shown are net of actual (but not necessarily maximum) withholding and capital gains tax but are not otherwise adjusted for the effects of taxation and assume reinvestment of dividends and capital gains. The index returns, where applicable, are shown net of maximum withholding tax and assume reinvestment of dividends. Please note the fund has a swing pricing mechanism in place. If the last business day of the month is not a business day for the Fund, performance is calculated using the last available NAV. This may result in a performance differential between the fund and the index. Sources: Fund - Wellington Management. Index – MSCI.

FUND CHARACTERISTICS

As at 28/02/2025
CHARACTERISTICSFUNDBENCHMARK
Asset-Weighted Market Capitalisation (USD)173.05 BN/A

FUND ALLOCATIONS

As at 28/02/2025
Created with Highcharts 9.3.3% OF EQUITY26.326.322.522.520.420.411.311.39.59.57.97.92.02.00.00.00.00.00.00.021.821.826.726.715.315.32.22.211.011.07.17.13.63.63.03.03.53.55.95.9FUNDBENCHMARKFinancialsInformation TechnologyConsumer DiscretionaryReal EstateCommunication ServicesIndustrialsConsumer StaplesEnergyHealth CareOther0102030

Totals may not add up to 100% due to rounding.

FUND RISKS

All investors should consider the risks that may impact their capital, before investing. The value of your investment may become worth more or less than at the time of the original investment.
Synthetic Risk and Reward Indicator (SRRI)
As at 28/02/2025
  • 1
    Lower Risk
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
    Higher Risk
Select a risk to learn more about it
  • Hedging
  • Concentration
  • Emerging Markets
  • Sustainability
  • Equities
  • Capital
  • Manager
  • Currency

The risk category shown is based on previous share class volatility, it is not guaranteed to remain unchanged and may shift over time. Even the lowest risk category 1 is not a risk free investment. For more information please read the Key Investor Information Document (KIID)/Key Information Document (KID).

Funds returns are shown net of fees. Fund returns shown are net of actual (but not necessarily maximum) withholding and capital gains tax but are not otherwise adjusted for the effects of taxation and assume reinvestment of dividends and capital gains. If an investor’s own currency is different from the currency in which the fund is denominated, the investment return may increase or decrease as a result of currency fluctuations.

Source: Wellington Management.

© 2024 Morningstar, Inc. All Rights Reserved. Past performance does not predict future returns. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Overall Morningstar Rating for a fund is derived from a weighted average of the three, five, and ten year (if applicable) ratings, based on risk-adjusted return.

Investment in the funds described on this website carries a substantial degree of risk and places an investor’s capital at risk. The price and value of investments is not guaranteed and can go down as well as up. An investor may not get back the original amount invested and an investor may lose all of their investment. Investment in the funds described on this website is not suitable for all investors. If an investor is in any doubt as to the suitability of an investment in a fund, an investor should consult an independent financial advisor. The information on this website does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell or otherwise transact in any security including, but not limited to, shares in the funds. An investor should only invest in a fund once that investor has carefully read and understood the offering documents for the fund which contain further information on the risks and features of the fund. Unless stated otherwise data is as at previous month end.