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Undermeny

  • Asia Growth Fund
    • Our Fund
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    • The case for Asia?
    • Asia Growth Fund
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Related

  • AGCM February 2023
  • AGCM Fund_Propectus_March 2021
  • Swesif's sustainability declaration for funds 2021
  • KIID_AGCM Fund - Asia Growth Sub-Fund_RC_SEK_LU1091660909_20220202_en
  • KIID_AGCM Fund - Asia Growth Sub-Fund_RC_EUR_LU1091661386_20220202_en
  • KIID_AGCM Fund - Asia Growth Sub-Fund_WP_EUR_LU1163023143_20220202_en

Asia Growth Fund

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AGCM Asia Growth Fund is an actively managed equity fund investing in Asian companies excluding Japan. The Fund consists of a concentrated portfolio of holdings with a focus on long-term growth.

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 February 28, 2023

Sectors %
Financials 32%
Communication 20%
Consumer 18%
Real Estate 13%
Healthcare 11%
Info Tech 6%
5 largest holdings %
Alibaba Group 6,2%
China Mobile 5,6%
Tencent Holdings 5,0%
Ping An Insurance 4,3%
Samsung Electronics 4,0%
Country breakdown
Fund facts
Portfolio Manager Gustav Rhenman
Inception date 3 October, 2014
AUM SEK 831 million
Number of holdings 41
Management fee 1,85%
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  • China’s reopening will boost Hong Kong markets despite weak GDP print, HKEX chairman says 17/1 2023 16:00
  • ICBC Shanghai Extends USD35 Billion in Loans to 16 Property Developers 17/1 2023 16:00
  • World Bank makes big cut to its 2023 growth outlook, says globe is ‘perilously close’ to recession 16/1 2023 00:00
  • Shanghai People Exit Covid for House Viewings as Property Market Recovers 13/1 2023 00:00
  • China’s CIFI to Sell New Bonds, Other Defaulting Developers to Follow, as Regulatory Support Grows 13/1 2023 00:00
  • China's Fourth Whole-Area Unmanned Driving Zone Opens in Wuhan 13/1 2023 00:00
  • Thai Hotel Bookings by Chinese Tourists Jump 12-Fold Over Lunar New Year, Trip.com Says 12/1 2023 00:00
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    Asia Growth Capital Management, Birger Jarlsgatan 10, 5tr. SE-114 34 Stockholm, Sweden
    Phone: +46 708 484 500. © 2023. Alla rights AGCM

    Website by Sphinxly with Easyweb

    DISCLAIMER AGCM Asia Growth Fund is subject to risk and its units may increase as well as decrease in value. Past performance is no guarantee for future returns. An investment in an equity fund should be considered as a long term investment that may potentially render a higher return than traditional bank savings or investments in money market or bond funds.This webpage consists of information regarding the fund and should not be understood as investment advice regarding your potential investment in the fund. AGCM does not provide investment advice. The investor must before investing in the fund – potentially together with a financial advisor – assesses the investment with regard to, for instance, his or her risk tolerance, income, age and need for liquidity. We recommend that you read the Key investor information document and the Prospectus of the fund before investing in the fund. These documents are available at the AGCM webpage.You can also ask for information via e-mail info@agcm.se