The Nikko AM New Asia Fund offers investors exposure to an actively managed portfolio of mid-to-large-cap companies offering high sustainable return potential and/or positive fundamental change.
Managed by Nikko AM’s dedicated Asia equity team, the Fund provides a concentrated and style agnostic portfolio constructed through bottom-up fundamental and integrated ESG analysis, with stock selection and stock weightings driven by view and conviction, not the benchmark.
In April 2021, Nikko AM Australia became part of the Yarra Capital Management Group, with Yarra Capital Management assuming responsibility for distribution of the Nikko AM New Asia Fund in the Australian market. Further information on the background to this transaction can be found here.
The Nikko AM Asian equity team aims to reduce risk by diversifying the portfolio in accordance with the Fund’s investment guidelines.
The Nikko AM Asia equity team can provide access to investment opportunities and markets that may not be accessible to individual investors, including China A-shares.
The Fund is managed by Nikko AM Asia’s equity investment professionals with broad and deep experience in Asian stock markets, including dedicated resources in China through Nikko AM’s local joint venture partner, Rongtong Fund Management.
Strong and/or improving Environmental, Social and Governance factors are fundamental to companies achieving/sustaining high returns. The team integrates its ESG analysis into its fundamental research.
With its experienced, passionate investment team and thorough fundamental research, the Nikko AM Asia equity team aims to identify and take advantage of market inefficiencies to generate alpha.
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To outperform the benchmark over the long-term after fees and expenses but before taxes, by investing in Asian (ex-Japan) securities and cash
MSCI All Country Asia ex Japan Index (in Australian Dollar terms) unhedged
Typical number of stocks
40 – 60
Recommended investment timeframe
Net returns as at 31 December 2022
|Nikko AM New Asia Fund*#||-1.12||3.08||-19.97||2.13||3.62||8.54||6.21|
|MSCI All Country Asia ex Japan Index||-1.43||5.57||-13.88||-0.27||2.23||8.07||6.74|
* Total Fund net returns are post fees, pre tax using redemption prices and assume reinvestment of distributions. Past performance is not a reliable indicator of future performance.
# Effective 12 April 2021, Nikko AM Australia became part of the Yarra Capital Management Group, with Yarra Capital Management assuming responsibility for distribution of the Nikko AM New Asia Fund in the Australian market. Further information in relation to the transaction can be found here.
After careful consideration and following a formal review, the Responsible Entity has determined that it is in the best interest of unitholders to terminate and wind up the Fund. This process will commence after 19 February 2023 and net proceeds of the winding up will be distributed to unitholders once all assets are liquidated. The Fund is now closed for all applications, withdrawals, redemptions (full and partial), switches and transfers, effective 2:00pm Sydney time, 19 December 2022. Further information can be found here.
Latest investment commentary – October 2022
Open To New Investors: Yes
ARSN: 116 556 113
Initial Minimum: 10,000.00AUD
Distribution Frequency: Annually
Management cost (p.a.): 1.025%
Performance fee: 10.25% of the return of the Fund that exceeds the return of the Benchmark
Transaction costs (p.a.): 0.19%
Buy/sell spread: +/- 0.25%
Fund ratings: Contact a member of the Firm’s Client Team to discuss ratings in further detail
Platforms for this fund
Either Yarra Funds Management Limited (ABN 63 005 885 567, AFSL 230 251) (‘YFML’) or Yarra Investment Management Limited (ABN 34 002 542 038, AFSL 229664) (‘YIML’) is the issuer and responsible entity of the range of registered managed investment schemes described on this website (‘Funds’). YFML and YIML are not licensed to provide personal financial product advice to retail clients. The information provided on this website contains general financial product advice only. The advice has been prepared without taking into account your personal objectives, financial situation or particular needs. Therefore, before acting on any advice, you should consider the appropriateness of the advice in light of your own or your client’s objectives, financial situation or needs. Prior to investing in any of the Funds, you should obtain and consider the product disclosure statement (‘PDS’) for the relevant Fund by contacting our Investor Services team on 1800 034 494 or from our website at www.yarracm.com/pdsupdates. The information set out in this website has been prepared in good faith and while YFML, YIML and its related bodies corporate (together, the “Yarra Capital Management Group”) reasonably believe the information and opinions to be current, accurate, or reasonably held at the time of publication, to the maximum extent permitted by law, the Yarra Capital Management Group: (a) makes no warranty as to the content’s accuracy or reliability; and (b) accepts no liability for any direct or indirect loss or damage arising from any errors, omissions, or information that is not up to date.
Before using any of the financial services offered by Yarra Funds Management Limited, you should read our Financial Services Guide (FSG). This has been prepared to assist you in deciding to use any of the financial services offered by us. We are required to provide you with an FSG if we provide certain financial services to you as a retail client.