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Undermeny

  • Asia Growth Fund
  • China Stars Fund
  • Asia Dividend Fund
    • Development
  • AGCM Dragon Fund

Related

  • AGCM February 2023
  • AGCM Fund_Propectus_March 2021
  • Swesif's sustainability declaration for funds 2021
  • KIID_AGCM Fund - Asia Dividend Sub-Fund_RC1_SEK_LU2083136650_20220202_en

DIVIDEND FUND

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  • Asia Dividend Fund

Asia Dividend Fund is an actively managed equity fund investing in Asian companies, excluding Japan, with high dividend yield combined with long-term growth prospects.

AGCM has since start primarily focused on growth companies, but due to Central Banks' historically large stimulus programs around the world, which have lead to significant higher valuations of companies with high growth, we now see so many attractively valued companies in Asia within the "Value" category that we have chosen to launch a fund containing only such holdings. The Fund's Asian companies have a high dividend yield in combination with attractive earnings multiples in relation to the growth estimates. The companies have strong balance sheets which support stability. In all, the characteristics make us believe that the Fund's holdings offer an attractive return at current levels while being a defensive investment which should be more resilient during turbulence on the stock exchanges than highly valued growth companies.

Allocation as of February 28, 2023

Sectors %
Finance 35%
Communication 20%
Real Estate 18%
Industrials 7%
Healthcare 7%
Info Tech 6%
5 largest holdings %
China Mobile
PICC Group
ICBC
China Telecom
China Railway Construction
Fund facts
Portfolio Manager Gustav Rhenman
Inception date 1 oktober, 2020
AUM SEK 95.0 million
Number of holdings 28
Förvaltningsavgift 1,15% + 10% perf. fee
  • Chinese patents surpassed 3 million in 2022 as Beijing pursues innovation strategy 17/1 2023 16:00
  • 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