Fund Aims
The objective of the Sub-Fund is to achieve income together with long-term capital growth predominantly through investments in securities in Asia Pacific ex Japan (including Australia & New Zealand) region. The Sub-Fund may also invest in collective investment schemes.
Fund Managers
Zoe Kan manager for:
10 years 0 months
Zoe is a portfolio manager for the Emerging Markets and Asia Equities strategies. Zoe joined Newton in 2000 as a dedicated Asia Pacific ex-Japan specialist. Having managed unconstrained Asian equity portfolios, she became lead manager on the Asian Equity Income Funds in 2016. She is also a lead manager on the Emerging Income Fund.
Zoe holds a degree in German and Economics, and is a CFA charterholder. Outside of work, Zoe enjoys music and spending time with her family.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
manager for:
3 years 9 months
Alex Khosla is a portfolio manager for Newton’s emerging markets and Asia equities strategies. Alex joined Newton in 2022 to help manage global emerging markets and Asia portfolios, prior to this he worked at Aikya Investment Management, where he was a research analyst covering global emerging markets. Before that, he was at Stewart Investors and at AXA Framlington, where he supported them in managing the firm’s global emerging markets funds. He began his career at UBS Investment Bank.
Alex has a BA (Hons) in Philosophy, Politics and Economics from Oxford University and is a CFA charterholder. Outside of work he enjoys spending time with his family.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Fund Overview
Price
Bid
316.90p
Offer
316.90p
(29/05/2026)
Annual Management Charge
1.50%
Top 10 Holdings
|
| Stock Name |
% Weight |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED |
10.0%
|
| SAMSUNG ELECTRONICS CO. LTD |
8.2%
|
| DBS GROUP HOLDINGS LTD |
6.0%
|
| SINGAPORE TECHNOLOGIES ENGINEERING LTD |
4.6%
|
| AIA GROUP LIMITED |
4.4%
|
| MEDIATEK CORPORATION |
3.8%
|
| NATIONAL AUSTRALIA BANK LIMITED |
3.2%
|
| ASE TECHNOLOGY HLDG CO LTD |
2.8%
|
| HONG KONG EXCHANGES AND CLEARING LIMITED |
2.8%
|
| MIDEA GROUP CO |
2.8%
|
|
Total
|
48.4%
|
Equity Sector Allocation
| Technology |
21.6%
|
| Banks |
16.3%
|
| Telecommunications |
11.8%
|
| Industrial Goods & Services |
8.6%
|
| Insurance |
8.3%
|
| Real Estate |
6.3%
|
| Financial Services |
6.1%
|
| Food, Beverage & Tobacco |
4.8%
|
| Consumer Products & Services |
4.4%
|
| Utilities |
3.7%
|
| Other |
5.8%
|
| Cash and Equivalents |
0.7%
|
Data accurate at: 31/03/2026
Performance figures show total return with no initial charge and net income reinvested, except for Offshore funds which show gross income reinvested.
Cumulative performance figures are calculated from the previous working day.
Discrete performance figures are calculated from the previous month end.
Data accurate at: 31/03/2026
Asset Allocation
|
|
International Equities
|
92.8%
|
|
|
Property
|
3.0%
|
|
|
UK Equities
|
2.0%
|
|
|
Managed Funds
|
1.5%
|
|
|
Cash & Equivalents
|
0.7%
|
Equity Sector Allocation
ICB Industries
ICB Supersectors
ICB Sectors
ICB Subsectors
ICB Industries
| Financials |
|
30.7% |
| Technology |
|
21.6% |
| Telecommunications |
|
11.8% |
| Industrials |
|
8.6% |
| Real Estate |
|
6.3% |
| Consumer Discretionary |
|
5.3% |
| Consumer Staples |
|
4.8% |
| Utilities |
|
3.7% |
| Basic Materials |
|
2.3% |
| Energy |
|
1.7% |
| Managed Funds |
|
1.5% |
| Health Care |
|
0.9% |
| Cash and Equivalents |
|
0.7% |
ICB Supersectors
| Technology |
|
21.6% |
| Banks |
|
16.3% |
| Telecommunications |
|
11.8% |
| Industrial Goods & Services |
|
8.6% |
| Insurance |
|
8.3% |
| Real Estate |
|
6.3% |
| Financial Services |
|
6.1% |
| Food, Beverage & Tobacco |
|
4.8% |
| Consumer Products & Services |
|
4.4% |
| Utilities |
|
3.7% |
| Basic Resources |
|
2.3% |
| Energy |
|
1.7% |
| Managed Funds |
|
1.5% |
| Travel & Leisure |
|
0.9% |
| Health Care |
|
0.9% |
| Cash and Equivalents |
|
0.7% |
ICB Sectors
| Technology Hardware & Equipment |
|
19.6% |
| Banks |
|
16.3% |
| Telecommunications Equipment |
|
8.2% |
| Life Insurance |
|
6.5% |
| Investment Banking & Brokerage Services |
|
6.1% |
| Real Estate Investment Trusts |
|
4.6% |
| Aerospace & Defence |
|
4.6% |
| Telecommunications Service Providers |
|
3.7% |
| Electricity |
|
3.7% |
| Electronic & Electrical Equipment |
|
3.0% |
| Household Goods & Home Construction |
|
2.8% |
| Tobacco |
|
2.6% |
| Industrial Metals & Mining |
|
2.3% |
| Beverages |
|
2.2% |
| Software & Computer Services |
|
2.0% |
| Non-life Insurance |
|
1.7% |
| Non-Renewable Energy |
|
1.7% |
| Real Estate Investment & Services |
|
1.7% |
| Managed Funds |
|
1.5% |
| Industrial Transportation |
|
1.1% |
| Travel & Leisure |
|
0.9% |
| Medical Equipment & Services |
|
0.9% |
| Personal Goods |
|
0.8% |
| Leisure Goods |
|
0.8% |
| Cash and Equivalents |
|
0.7% |
ICB Subsectors
| Banks |
|
16.3% |
| Semiconductors |
|
13.9% |
| Telecommunications Equipment |
|
8.2% |
| Life Insurance |
|
6.5% |
| Investment Services |
|
5.3% |
| Aerospace |
|
4.6% |
| Telecommunications Services |
|
3.7% |
| Electronic Components |
|
3.0% |
| Electronic Equipment: Gauges & Meters |
|
3.0% |
| Conventional Electricity |
|
2.8% |
| Production Technology Equipment |
|
2.8% |
| Household Appliance |
|
2.8% |
| Tobacco |
|
2.6% |
| General Mining |
|
2.3% |
| Retail REITs |
|
2.2% |
| Computer Services |
|
2.0% |
| Full Line Insurance |
|
1.7% |
| Oil: Crude Producers |
|
1.7% |
| Real Estate Holding and Development |
|
1.7% |
| Office REITs |
|
1.6% |
| Managed Funds |
|
1.5% |
| Brewers |
|
1.2% |
| Commercial Vehicles & Parts |
|
1.1% |
| Distillers & Vintners |
|
1.0% |
| Casinos & Gambling |
|
0.9% |
| Medical Equipment |
|
0.9% |
| Health Care REITs |
|
0.9% |
| Alternative Electricity |
|
0.8% |
| Clothing & Accessories |
|
0.8% |
| Asset Managers & Custodians |
|
0.8% |
| Recreational Vehicles & Boats |
|
0.8% |
| Cash and Equivalents |
|
0.7% |
Interactive Sector Breakdown
Drill down to specific information by clicking the folders.
Breakdown By Market Cap (%)
Top 10 Holdings
|
|---|
| Stock name | % Weight | Country | Sector |
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 10.0 %
| Taiwan | Technology |
| 2 | SAMSUNG ELECTRONICS CO. LTD | 8.2 %
| South Korea | Telecommunications |
| 3 | DBS GROUP HOLDINGS LTD | 6.0 %
| Singapore | Financials |
| 4 | SINGAPORE TECHNOLOGIES ENGINEERING LTD | 4.6 %
| Singapore | Industrials |
| 5 | AIA GROUP LIMITED | 4.4 %
| Hong Kong | Financials |
| 6 | MEDIATEK CORPORATION | 3.8 %
| Taiwan | Technology |
| 7 | NATIONAL AUSTRALIA BANK LIMITED | 3.2 %
| Australia | Financials |
| 8 | ASE TECHNOLOGY HLDG CO LTD | 2.8 %
| Taiwan | Technology |
| 9 | HONG KONG EXCHANGES AND CLEARING LIMITED | 2.8 %
| Hong Kong | Financials |
| 10 | MIDEA GROUP CO | 2.8 %
| China | Consumer Discretionary |
|
FL Dual Aspect Analysis
|
|---|
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Managed Funds | Property | Other | Cash & Equiv | Total |
| Technology | | 21.6%
| | | | | | | | 21.6%
|
| Telecommunications | | 11.8%
| | | | | | | | 11.8%
|
| Financials | 2.0%
| 28.7%
| | | | | | | | 30.7%
|
| Real Estate | | 3.3%
| | | | | 3.0%
| | | 6.3%
|
| Consumer Discretionary | | 5.3%
| | | | | | | | 5.3%
|
| Consumer Staples | | 4.8%
| | | | | | | | 4.8%
|
| Energy | | 1.7%
| | | | | | | | 1.7%
|
| Utilities | | 3.7%
| | | | | | | | 3.7%
|
| Health Care | | 0.9%
| | | | | | | | 0.9%
|
| Industrials | | 8.6%
| | | | | | | | 8.6%
|
| Basic Materials | | 2.3%
| | | | | | | | 2.3%
|
| Cash and Equivalents | | | | | | | | | 0.7%
| 0.7%
|
| Managed Funds | | | | | | 1.5%
| | | | 1.5%
|
| Total | 2.0%
| 92.8%
| | | | 1.5%
| 3.0%
| | 0.7%
| 100.0%
|
Distribution Details
Income Frequency
Quarterly
Distribution Type
Dividend
Distribution Payment Basis
Net
Charges
Discounted initial charge
0.000%
Net discounted AMC
0.750%
Annual Management Charge
1.50%
Distribution Dates
| Ex dividend date(s) |
Income payment date(s) |
| 02nd January |
28th February |
| 02nd October |
30th November |
| 03rd July |
31st August |
| 03rd April |
31st May |
Aims & Benchmark
Benchmark
FTSE AW Asia Pacific Ex Japan TR GBP
IA sector
Asia Pacific Excluding Japan
Aims
The objective of the Sub-Fund is to achieve income together with long-term capital growth predominantly through investments in securities in Asia Pacific ex Japan (including Australia & New Zealand) region. The Sub-Fund may also invest in collective investment schemes.
Fund Administration
Fund Trustee/Depository
The National Westminster Bank plc
Fund Administrator
Bank of New York Mellon (International) Limited
Fund Registrar
BNY Mellon Fund Managers Limited
Fund Custodian
The National Westminster Bank plc
Fund Background
Valuation point
Daily 12:00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
Group Details
Group name
BNY Mellon Fund Management (Luxembourg) S.A.
Group address
BNY Mellon Asset Management International Limited
The Bank of New York Mellon Centre
160 Queen Victoria Street
London
EC4V 4LA
United Kingdom
Group telephone
0500 66 00 00
Dealing
Settlement period: buy
3 days
Settlement period: sell
3 days
Data accurate at: 31/03/2026
Concentration Coefficient*
26
*A measure of portfolio concentration, e.g. where the fund coefficient is 25, this means the portfolio concentration is equivalent to holding 25 equally weighted stocks.
Risk Factors
Concentrated Portfolio
Yes
Investments Long Term
Yes
| Fund Specific Risks |
-
Charges to Capital - Part, or all of the periodic annual management fee(s) and expenses may be charged to
capital which could increase the potential for the capital value of your investment to be eroded. Your capital could
also decrease if income withdrawals exceed the growth rate of the fund(s).
-
Emerging Markets - The fund invests in emerging markets. Generally less well regulated than the UK. There
is an increased chance of political and economic instability with less reliable custody, dealing and settlement
arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates,
the investment could either increase or decrease. These investments therefore carry more risk.
-
Concentrated Portfolio - The fund may invest in a relatively smaller number of stocks. This stock
concentration may carry more risk than funds spread across a larger number of companies.
-
Smaller Companies - The fund invests in smaller companies. Smaller companies shares can be more volatile
and less liquid than larger company shares, so smaller companies funds can carry more risk.
-
Value Of Investments - The value of investments, and any income can fall, as well as rise, so you could get
back less than you invested. Neither capital nor income is guaranteed.
-
Investments Long Term - Investments should be regarded as long term and are not suitable for money which may
be needed in the short term, you should always have a sufficient cash reserve.
-
Exchange Rate - This fund invests in securities outside the UK. The value of investments and any income from
them may therefore decrease or increase as a result of changes in exchange rates between currencies.
|
Banks
Taiwan
Singapore
South Korea
Hong Kong
Australia
China
India
Direct Property and REITs
United Kingdom
Indonesia
Managed Funds
New Zealand
Thailand
Cash and Equivalents
Germany
Malaysia
United States