06 July 2023: Wealth Product Ideas
| Fund Name (Ticker) | BGF Asian Tiger Bond Fund (LU0764618053) |
| Description | The Asian Tiger Bond Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in the fixed income transferable securities of issuers domiciled in, or exercising the predominant part of their economic activity in, Asian Tiger countries. The Fund may invest in the full spectrum of available securities, including non-investment grade. The currency exposure of the Fund is flexibly managed. |
| Asset Class | Fixed Income |
| Inception Date | 02/02/1996 |
| Yield to Maturity (31 May) | 6.52 |
| Net Assets of Fund (as of 4 Jul) | USD 3,059,107,760 |
| Management Fees | 1.00% |
Top 10 Holdings
(as of 31 May 2023)
- Aims to capture income and growth in emerging Asian economies.
- Primarily invests in USD-denominated bonds from Asian countries like China, India, Korea, and Taiwan.
- Strategy focuses on Asian credit markets with tactical rate and currency moves.
- Offers exposure to a range of Asian fixed-income instruments, including investment grade, high yield, and sovereign bonds. The average portfolio quality is investment grade.
- Leverages BlackRock’s experienced team and extensive resources to identify income and capital gain opportunities.
- Flexible asset allocation seeks stable income and competitive long-term returns.
- Morningstar rating of 3 stars out of 5 based on risk-adjusted returns.
- Suitable for investors looking to benefit from Asia’s growth and higher yields in USD-denominated Asian bonds.
| Fund Name (Ticker) | Asian Growth Leaders (LU0821914370) |
| Description | The Asian Growth Leaders Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in the equity securities of companies domiciled in, or exercising the predominant part of their activity in Asia, excluding Japan. The Fund places particular emphasis on sectors and companies that, in the opinion of the Investment Adviser, exhibit growth investment characteristics, such as above-average growth rates in earnings or sales and high or improving returns on capital. |
| Asset Class | Equity |
| Inception Date | 10/31/2012 |
| Net Assets of Fund (as of 30 Jun) | USD 642.62M |
| 12-Month Trailing Yield | N.A. |
| P/E Ratio (as of 31 May) | 16.34 |
| P/B Ratio (as of 31 May) | 2.30 |
| Management Fees | 1.50% |
Top 10 Holdings
(as of 31 May 2023)
- Aims to maximize total returns by investing at least 70% in Asian companies, excluding Japan.
- Focused on sectors and companies that exhibit above-average growth and high returns on capital.
- Fund can invest up to 40% in China A-shares via the Stock Connect program.
- “A” rating for ESG from MSCI.
- Fund’s top holdings include large-cap tech companies like Taiwan Semiconductor, Samsung Electronics and Tencent Holdings.
- Morningstar rating of 3 stars out of 5 based on risk-adjusted returns.
- Suitable for growth-oriented investors seeking long-term capital appreciation from high-growth Asian companies.
(Source: Bloomberg)
