For investors in Singapore

Horizon Asian Growth Fund

An actively managed Asian equities fund, driven by fundamental research, that blends quality and growth opportunities

ISIN
LU0011890851

NAV
USD 105.77
As of 2023/09/21

1-Day Change
USD -1.69 (-1.57%)
As of 2023/09/21

Overview

INVESTMENT OBJECTIVE

The investment objective of the Asian Growth Fund is to seek long-term capital appreciation by investing at least two thirds of the Fund’s total assets in a variety of sectors across the Asian equity markets (Hong Kong, Thailand, Malaysia, Singapore, China, India, Philippines, South Korea, Taiwan, Indonesia, Australia and New Zealand amongst others). The Fund does not invest in Japan.

Note: You should not make investment decisions based solely on marketing materials. You should read the Prospectus and the Product Highlights Sheet of the Fund for more details of the investment risks and seek independent professional advice where appropriate.

ABOUT THIS FUND

  • The Asia Growth Fund seeks to identify quality and capture growth in the dynamic and fast-growing Asian region
  • Provides a high-conviction, active stock-picking portfolio without significant constraints at sector levels
  • Seeks to generate competitive returns through different market conditions with an investment process driven by fundemental stock selection

PORTFOLIO MANAGEMENT

Daniel J. Graña, CFA

Portfolio Manager

Industry since 1995. Joined Firm in 2019.

Matthew Culley

Portfolio Manager | Research Analyst

Industry since 2008. Joined Firm in 2019.

Performance

Cumulative & Annualised Performance (%)
As of 2023/08/31
A2 USD (Net) A2 USD (With Sales Charge)* MSCI All Countries Asia Pacific (ex Japan) NR
 
  Cumulative Annualised
1MO 3MO 6MO YTD 1YR 3YR 5YR 10YR Since Inception
1985/07/31
A2 USD (Net) -6.90 -0.58 -2.50 -0.29 -5.25 -6.79 -2.18 2.72 8.44
A2 USD (With Sales Charge)* -11.56 -5.55 -7.38 -5.28 -9.99 -8.37 -3.18 2.19 8.30
MSCI All Countries Asia Pacific (ex Japan) NR -6.09 2.39 1.03 2.32 0.29 -1.54 1.46 4.58 7.33
FEE INFORMATION
Initial Charge 5.00%
Annual Charge 1.20%
Ongoing Charge
(As of 2022/06/30)
1.97%
Performance Fee 10% of the 'Relevant Amount'
Hurdle Rate MSCI AC Asia Pacific ex Japan Index

Portfolio

Top Holdings (As of 2023/08/31)
% of Fund
Taiwan Semiconductor Manufacturing 9.03
Samsung Electronics 8.39
HDFC Bank 3.45
AIA Group 3.23
Tencent 3.09
CSL 2.73
Santos 2.67
National Australia Bank 2.61
BHP Group 2.55
ICICI Bank 2.43

Documents