Asia Growth Fund

The cornerstone in the, proven and documented, investment strategy is traditional bottom-up fundamental equity analysis with a long-term perspective. Key focus on individual company’s market position, financial strength, management and growth potential. The investment strategy is based on a diversified and concentrated portfolio with 30 – 35 holdings. A high-conviction portfolio with maximum 35 holdings gives us exposure to our best ideas, thus our strategy is non-benchmark aware. 

Our benchmark MSCI Asia ex Japan has a high degree of companies operating in regulated markets and thus limited earnings growth potential. AGCM does not invest in these companies and therefore deviation from benchmark can from time to time be high.

Corporate governance is a vital part of the analysis.   

Allocation as of September 30, 2024