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Asia Pacific Excluding Japan
M&G Asian Fund
Managed by M&G Securities LimitedPart of M&G Investment Funds (1)
Latest factsheet
Jul 2026
Fund size
£1.87bn
Yearly charge
0.98%
Manager fee
–
Income yield
1.68%
Holdings
78
Launched
16 Aug 1996
The fund aims to provide a combination of capital growth and income to deliver a return, net of the Ongoing Charge Figure, that is higher than that of the MSCI AC Asia Pacific ex Japan Index over any five-year period. At least 80% of the fund is invested in the shares of companies based, or doing most of their business, in Asia Pacific (excluding Japan). The investment strategy focuses on the future profitability, the valuation and the system of rules, practices and processes by which a company is managed. The fund manager seeks to identify companies which are, in his opinion at the time of investment, undervalued.
David Perrett (Fund manager) · Carl Vine (Deputy fund manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1Y | +38.60% | – | +32.80% | – |
| 3Y | +20.90% | – | +15.30% | – |
| 5Y | +10.40% | – | +7.60% | – |
| Since launch | +197.50% | – | +156.70% | – |
Calendar-year performance
| 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| +1.30% | +5.30% | +10.40% | +20.90% | +38.60% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Taiwan Semiconductor | 10.50% | |
| 2 | Samsung Electronics | 7.90% | |
| 3 | SK Hynix | 5.70% | |
| 4 | HDFC Bank | 3.10% | |
| 5 | Tencent Holdings | 3.10% | |
| 6 | Amcor | 2.70% | |
| 7 | Alibaba Group Holding | 2.60% | |
| 8 | AIA | 2.20% | |
| 9 | United Overseas Bank | 2.10% | |
| 10 | KE Holdings | 1.80% |
Portfolio breakdown
Sector
| Information technology | 30.80% | |
| Financials | 20.80% | |
| Consumer discretionary | 14.80% | |
| Industrials | 8.90% | |
| Communication services | 7.00% | |
| Consumer staples | 5.00% | |
| Materials | 5.00% | |
| Real Estate | 4.20% | |
| Energy | 1.30% | |
| Cash | 1.30% | |
| Health care | 0.90% | |
| Utilities | 0.00% |
Geography
| China | 25.70% | |
| South Korea | 21.70% | |
| Taiwan | 16.40% | |
| India | 7.80% | |
| Hong Kong | 7.10% | |
| Australia | 6.60% | |
| Other | 6.00% | |
| Singapore | 4.00% | |
| Thailand | 3.60% | |
| Cash | 1.30% |
Market cap
| Mega cap (> $50bn) | 50.90% | |
| Large cap ($10 - $50bn) | 27.00% | |
| Mid cap ($2 - $10bn) | 12.30% | |
| Small cap (< $2bn) | 5.00% | |
| Other | 3.60% | |
| Cash | 1.30% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| Sterling A Acc | GB0030939556 | – | acc | – | – | 0.98% | £500 |
| Sterling A Inc | GB0030939440 | – | inc | – | – | 0.98% | £500 |
| Sterling I Acc | GB00B6SQYF47 | – | acc | – | – | 0.58% | £500k |
| Sterling I Inc | GB00B3T2RX98 | – | inc | – | – | 0.58% | £500k |
| Sterling R Acc | GB00B7DBH187 | – | acc | – | – | 0.83% | £500 |
| Sterling R Inc | GB00B756RM25 | – | inc | – | – | 0.83% | £500 |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jul 2026 | View original factsheet ↗ | 22 Aug 2026 |