Please ensure Javascript is enabled for purposes of website accessibility Asia Pacific Capital Growth Fund - Janus Henderson Investors - UK private investors
{{banner.link_text}}
For individual investors in the UK

Asia Pacific Capital Growth Fund

An actively managed Asian equities fund, driven by fundamental research, that blends quality and growth opportunities

ISIN
GB00BJ0LF116

NAV
GBP 1,277.00p
As of 20/12/2024

1-Day Change
GBP 2.00p (0.16%)
 As of 20/12/2024

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term. Performance target: To outperform the MSCI All Countries Asia Pacific ex Japan Index by at least 2% per annum, before the deduction of charges, over any 5 year period.

More

The Fund invests at least 80% of its assets in a concentrated portfolio of shares (also known as equities) of companies, of any size, in any industry, in the Asia Pacific region (including the Indian subcontinent and Australasia, but excluding Japan). Companies will be incorporated, headquartered, listed on an exchange in, or deriving significant revenue from, this region. The portfolio may be concentrated in terms of its number of holdings and/or the size of its largest holdings. The Fund may also hold cash. The Investment Manager may use derivatives (complex financial instruments) to reduce risk or to manage the Fund more efficiently. The Fund is actively managed with reference to the MSCI All Countries Asia Pacific ex Japan Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Investment Manager has discretion to choose investments for the Fund with weightings different to the index or not in the index. As an additional means of assessing the performance of the Fund, the IA Asia Pacific ex Japan sector average, which is based on a peer group of broadly similar funds, may also provide a useful comparator.

Less

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.
Potential investors must read the prospectus, and where relevant, the key investor information document before investing.
This website is a Marketing Communication and does not qualify as an investment recommendation.

Investment into the fund will acquire units / shares of the fund itself and not the underlying assets owned by the fund.

ABOUT THIS FUND

  • The Asia Growth Fund seeks to identify quality and capture growth in the dynamic and fast-growing Asian region
  • Provides a high-conviction, active stock-picking portfolio without significant constraints at sector levels
  • Seeks to generate competitive returns through different market conditions with an investment process driven by fundamental stock selection
Past performance does not predict future returns. 
 

Portfolio Management

Daniel J. Graña, CFA
Daniel J. Graña, CFA

Portfolio Manager

Industry since 1995. Joined Firm in 2019.

Matthew Culley
Matthew Culley

Portfolio Manager | Research Analyst

Industry since 2008. Joined Firm in 2019.

Performance

Past performance does not predict future returns. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.
Discrete Performance (%)
As of 30/09/2024
E Acc (Net) MSCI AC Asia Pacific ex Japan TR IA Asia Pacifc ex Japan
 
As of 30/09/2024 2023/2024 2022/2023 2021/2022 2020/2021 2019/2020
E Acc (Net) 13.99 -2.79 -14.66 3.54 10.75
MSCI AC Asia Pacific ex Japan TR 18.07 2.39 -11.47 12.08 8.55
IA Asia Pacifc ex Japan 14.08 0.25 -10.48 15.41 8.10

Index Description

The MSCI All Countries Asia-Pacific (Ex Japan) Index is a measure of the combined performance of large and medium sized companies across developed and emerging stock markets across the Asia-Pacific region but excluding Japan. It forms the basis of the Fund's performance target and provides a useful comparison against which the Fund's performance can be assessed over time.

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims.

The E Acc share class was launched on 01/01/1970. Performance prior to that date is past performance based on the A Acc share class of the same fund which has a different current ongoing charge included of 1.79.
© Morningstar 2024. All rights reserved. NAV-NAV, net income reinvested where applicable.
Please note the performance target is to be achieved over a specific annualised time period. Refer to the performance target wording within the objective.
Cumulative & Annualised Performance (%)
As of 30/11/2024
E Acc (Net) MSCI AC Asia Pacific ex Japan TR IA Asia Pacifc ex Japan
  
  Cumulative Annualised
1MO YTD 1YR 3YR 5YR 10YR Since Inception
28/09/1990
E Acc (Net) 0.00 10.54 12.50 -1.05 1.85 5.24 9.53
MSCI AC Asia Pacific ex Japan TR -1.10 12.20 16.64 1.91 5.13 7.08 8.85
IA Asia Pacifc ex Japan 0.08 9.89 13.91 0.63 4.88 6.87 8.96
 
  Annualised
3YR 5YR 10YR Since Inception
28/09/1990
E Acc (Gross) - 3.15 6.57 10.90
MSCI AC Asia Pacific ex Japan TR + 2.00% - 7.23 9.22 11.03

Index Description

The MSCI All Countries Asia-Pacific (Ex Japan) Index is a measure of the combined performance of large and medium sized companies across developed and emerging stock markets across the Asia-Pacific region but excluding Japan. It forms the basis of the Fund's performance target and provides a useful comparison against which the Fund's performance can be assessed over time.

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims.

The E Acc share class was launched on 24/06/2019. Performance prior to that date is past performance based on the A Acc share class of the same fund which has a different current ongoing charge included of 1.79.
© Morningstar 2024. All rights reserved. NAV-NAV, net income reinvested where applicable.
Performance/performance target related data will display only when relevant to the fund/share class inception date and the annualised target time period.
Calendar Year Returns (%)
As of 30/09/2024
E Acc (Net) MSCI AC Asia Pacific ex Japan TR IA Asia Pacifc ex Japan
2023 2022 2021 2020 2019
E Acc (Net) -0.26 -13.52 -9.27 23.38 16.91
MSCI AC Asia Pacific ex Japan TR 1.61 -6.75 -1.75 18.96 14.87
IA Asia Pacifc ex Japan -0.94 -6.78 1.48 19.95 15.86

Index Description

The MSCI All Countries Asia-Pacific (Ex Japan) Index is a measure of the combined performance of large and medium sized companies across developed and emerging stock markets across the Asia-Pacific region but excluding Japan. It forms the basis of the Fund's performance target and provides a useful comparison against which the Fund's performance can be assessed over time.

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims.

The E Acc share class was launched on 24/06/2019. Performance prior to that date is past performance based on the A Acc share class of the same fund which has a different current ongoing charge included of 1.79.
© Morningstar 2024. All rights reserved. NAV-NAV, net income reinvested where applicable.
Performance/performance target related data will display only when relevant to the fund/share class inception date and the annualised target time period.
Please note the performance target is to be achieved over a specific annualised time period. Refer to the performance target wording within the objective.

Recommended holding period 5 Years

Example Investment: GBP 10,000

Scenarios If you exit after 1 year If you exit after 5 years
MinimumThere is no minimum guaranteed return. You could lose some or all of your investment
StressWhat you might get back after costs3,190 GBP2,670 GBP
Average return each year-68.13%-23.19%
UnfavourableWhat you might get back after costs7,460 GBP7,280 GBP
Average return each year-25.36%-6.15%
ModerateWhat you might get back after costs9,960 GBP13,930 GBP
Average return each year-0.41%6.85%
FavourableWhat you might get back after costs13,760 GBP20,890 GBP
Average return each year37.58%15.88%
There is currently insufficient data to provide a useful indication of past performance to investors.
Fee Information
Initial Charge 5.00%
Annual Charge 1.00%
Ongoing Charge
(As of 30/04/2024) 		1.29%
For more information about charges, please see our fund charges page or the “charges” section of the fund’s prospectus.

Portfolio

Top Holdings (As of 30/11/2024)
% of Fund
Taiwan Semiconductor Manufacturing 9.40
Samsung Electronics 6.13
Tencent 6.03
AIA Group 4.22
Bharti Airtel 3.27
Contemporary Amperex Technology 3.24
HDFC Bank 3.24
Full Truck Alliance 3.06
Sea 3.01
Santos 2.90
References made to individual securities do not constitute a recommendation to buy, sell or hold any security, investment strategy or market sector, and should not be assumed to be profitable. Janus Henderson Investors, its affiliated advisor, or its employees, may have a position in the securities mentioned.

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
Related Insights
The case for emerging market equities in an era of transitioning secular drivers
13 Sep 2024
Features & Outlooks

The case for emerging market equities in an era of transitioning secular drivers

The drivers of emerging market equity returns are evolving as innovation and economic decoupling join favorable demographics as future sources of excess returns.

6 min read

What a second Trump administration could mean for emerging markets
31 Jul 2024
Timely & Topical

What a second Trump administration could mean for emerging markets

With U.S. elections approaching, investors should consider how more insular American economic policy could affect emerging markets (EMs).

4 min read

Global Perspectives: The emerging return potential of emerging markets
25 Apr 2024
Features & Outlooks

Global Perspectives: The emerging return potential of emerging markets

With innovation on the rise and interest rate hikes likely over, investors may want to pay closer attention to emerging market stocks.

25 min read

  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance does not predict future returns
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • Shares/Units can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • Shares of small and mid-size companies can be more volatile than shares of larger companies, and at times it may be difficult to value or to sell shares at desired times and prices, increasing the risk of losses.
  • Emerging markets expose the Fund to higher volatility and greater risk of loss than developed markets; they are susceptible to adverse political and economic events, and may be less well regulated with less robust custody and settlement procedures.
  • If a Fund has a high exposure to a particular country or geographical region it carries a higher level of risk than a Fund which is more broadly diversified.
  • This Fund may have a particularly concentrated portfolio relative to its investment universe or other funds in its sector. An adverse event impacting even a small number of holdings could create significant volatility or losses for the Fund.
  • The Fund may use derivatives with the aim of reducing risk or managing the portfolio more efficiently. However this introduces other risks, in particular, that a derivative counterparty may not meet its contractual obligations.
  • If the Fund holds assets in currencies other than the base currency of the Fund, or you invest in a share/unit class of a different currency to the Fund (unless hedged, i.e. mitigated by taking an offsetting position in a related security), the value of your investment may be impacted by changes in exchange rates.
  • Securities within the Fund could become hard to value or to sell at a desired time and price, especially in extreme market conditions when asset prices may be falling, increasing the risk of investment losses.
  • The Fund could lose money if a counterparty with which the Fund trades becomes unwilling or unable to meet its obligations, or as a result of failure or delay in operational processes or the failure of a third party provider.
  • Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved, you may wish to consult a financial adviser.
  • If you invest through a third party provider you are advised to consult them directly as charges, performance and terms and conditions may differ materially.
  • Some documents are available in alternative formats. Click here for information on how to request them.
  • The Legal Entity Identifier for this product is 213800RRD53AMTEHBQ92.

Choose region

Country

Language

What type of investor are you?