Please note the name of the Antipodes Asia Income Fund changed from the Premium Asia Income Fund on 22 April 2024.

Antipodes Asia Income Fund

The Antipodes Asia Income Fund is managed using a disciplined value-oriented approach supported by intensive, on-the-ground bottom-up fundamental research resulting in a concentrated portfolio of fixed interest securities issued by companies in Asia and the Middle East, which, in the view of the investment manager, are undervalued, on either an absolute or a relative basis, have the potential to generate regular income and have the potential for some capital appreciation.

This product is intended for use as a satellite to minor portfolio allocation for a consumer who is seeking regular income with some long-term capital growth and has a medium risk and return profile for that portion of their investment portfolio. It is likely to be consistent with the financial situation and needs of a consumer with a minimum 3-to-5-year investment timeframe and who is unlikely to need to withdraw their money on less than one week’s notice.

Key facts

wdt_ID Title Detail
1 Investment manager Antipodes Partners Limited
21 Sub investment manager Value Partners
22 Responsible entity Equity Trustees Limited
23 Strategy Emerging Markets Fixed Interest
24 Investment objective The Fund seeks current income and some capital appreciation by investing mostly in a diversified portfolio of high yielding, sub investment grade securities and non-rated securities across a range of markets in Asia and the Middle East.
26 Suggested minimum investment period 3 to 5 years
27 Risk Medium
28 Portfolio Allocation1 20-100% Asian, Middle Eastern and Commonwealth Independent States fixed interest securities
0-80% Cash
29 Registration Australia
30 Dealing frequency & cut-off Daily / 2pm Sydney
31 Distribution frequency Quarterly
32 Minimum initial investment A$25,000
33 Minimum additional investment A$10,000
34 Strategy inception date Aug-11
37 ARSN 151 270 423
40 Bloomberg code MAQ0782:AU

1The portfolio allocation ranges provided are indicative only. The Fund will be rebalanced within a reasonable period of time should the exposure move outside these ranges.

Net performance

Returns greater than 1 year are annualised. Past performance is no indication of future performance.1Inception is 31 August 2011.

The Fund was previously known as the Premium Asia Income Fund. Antipodes Partners Limited has appointed Value Partners under a sub-investment manager agreement to undertake portfolio management of the Fund. Value Partners have been the Investment Manager of this Fund since its inception.

Performance chart

Cumulative performance (over selected time horizon)

Antipodes Asia Income Fund

Returns greater than 1 year are annualised. Past performance is no indication of future performance. Calculations are based on exit price with distributions reinvested.

Unit price history