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AXA Rosenberg All Country Asia Pacific Ex-Japan Small Cap Alpha Fund
Last NAV 55.6100 USD as of 31/03/20
The aim of the Sub-Fund is to provide long-term capital growth with a total annual return on investment (generated through an increase in the value of the shares held by the Sub-Fund and/or income received from those shares) of approximately 4% including all fees/expenses above the annual return of the MSCI AC Asia Pacific ex-Japan Small Cap Index on a rolling three year basis.The MSCI AC Asia Pacific ex-Japan Small Cap Index is designed to measure the performance of shares of smaller companies listed on the main stock exchanges of developed and emerging market countries in the Asia Pacific region (excluding Japan).
Synthetic Risk & Reward Information scale
The risk category is calculated using historical performance data and may not be a reliable indicator of the Sub-Fund's future risk profile. The risk category shown is not guaranteed and may shift over time. The lowest category does not mean risk free.
Why is this Fund in this category?
Fund manager comment : 31/01/20
There was a fall of -3.49% in Asia Pacific markets (outside Japan) in US dollar terms, as measured by the benchmark MSCI AC Asia Pacific ex Japan Small Cap Index. The stocks were initially impacted by heightened geopolitical tensions in the Middle East after the US assassination of Iran’s top military leader, before the signing of the US-China ‘Phase One’ trade agreement led to a surge in markets. However, the sudden emergence of the coronavirus in China and fears over it spreading globally led to sharp falls, with Chinese equities particularly hard hit. Australian shares surged to all-time highs and posted gains for the month, despite lingering concerns over bushfires that have ravaged the country and the global impact of the coronavirus. Traditionally cyclical sectors, such as energy and industrials, saw steep falls. By contrast, health care and communication services held up well in this environment.
|Performance indicator||Start date||End date|
|Performance table||Net performance||Performance indicator||Start date||End date|
|Risk table||Fund volatility||Benchmark volatility||Tracking error||Information ratio||Sharpe ratio||Beta||Alpha|
|First NAV date||30/09/99|
|Asset class||ROSENBERG EQUITIES|
|Legal authority||Central Bank of Ireland|
|Fund Manager||Anubhuti GUPTA|
|Investment team||MT Rosenberg Asia Equity|
|Investment area||Asia Pacific ex-Japan|
|Legal form||Unit Trust|
Subscription and redemption
The subscription, conversion or redemption orders must be received by the Registrar and Transfer Agent, no later than 1 p.m. Irish time one business day before the relevant Dealing (business) Day. Orders will be processed at the Net Asset Value calculated for that Dealing Day.Please note that there may be additional processing time if your order is placed via intermediaries such as platforms, financial advisors or distributors.The Net Asset Value of this Sub-Fund is calculated on a daily basis. Minimum initial investment: USD 100,000 Minimum subsequent investment: USD 5,000