Morningstar Fund Report  | 07/04/2025Print

abrdn Asia Pacific Equity Fund A Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
abrdn Asia Pacific Equity Fund A Acc
Fund-2.2-9.4-8.18.0-6.1
+/-Cat-3.4-1.3-7.8-1.8-2.7
+/-B’mrk5.5-3.8-10.2-2.6-3.9
 
Category: Asia-Pacific ex-Japan Equity
Category Benchmark: Morningstar APAC xJpn TME N...
Key Stats
NAV
04/04/2025		 GBX 286.34
Day Change -3.11%
Morningstar Category™ Asia-Pacific ex-Japan Equity
IA (formerly IMA) Sector Asia Pacific Excluding Japan
ISIN GB00B0XWNF82
Fund Size (Mil)
03/04/2025		 GBP 660.73
Share Class Size (Mil)
04/04/2025		 GBP 98.77
Max Initial Charge -
Ongoing Charge
11/02/2025		  1.31%
Morningstar Research
Analyst Report28/08/2024
Samuel Lo, Principal
Morningstar, Inc

Abrdn Asia-Pacific Equity continues to benefit from a talented and stable team of portfolio managers; a sizable Asia-Pacific equities team; and a disciplined, time-tested, quality-focused investment approach. The UK-domiciled vehicle retains a...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process24
Performance
Price
Investment Objective: abrdn Asia Pacific Equity Fund A Acc
To generate growth over the long term (5 years or more) by investing in Asia Pacific, excluding Japan equities (company shares). The fund invests at least 70% in equities and equity related securities of companies listed, incorporated or domiciled in Asia Pacific excluding Japan countries, or companies that derive a significant proportion of their revenues or profits or have a significant proportion of their assets there.
Returns
Trailing Returns (GBP)04/04/2025
YTD-10.47
3 Years Annualised-5.31
5 Years Annualised2.94
10 Years Annualised2.78
12 Month Yield 0.83
Management
Manager Name
Start Date
Pruksa Iamthongthong
13/08/2007
Flavia Cheong
01/08/1996
Click here to see others
Inception Date
01/04/1987

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI AC Asia Pac Ex JPN+3% NR GBPMorningstar APAC xJpn TME NR USD
Portfolio Profile for  abrdn Asia Pacific Equity Fund A Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.300.0099.30
Bond0.000.000.00
Property0.000.000.00
Cash8.677.970.70
Other0.000.000.00
Top 5 Regions%
Asia - Emerging53.74
Asia - Developed34.99
Australasia8.16
United States3.07
United Kingdom0.04
Top 5 Sectors%
Technology23.40
Financial Services22.78
Consumer Cyclical13.70
Communication Services11.18
Industrials9.54
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology9.59
Tencent Holdings LtdCommunication ServicesCommunication Services8.37
Meituan Class BConsumer CyclicalConsumer Cyclical3.43
AIA Group LtdFinancial ServicesFinancial Services3.42
DBS Group Holdings LtdFinancial ServicesFinancial Services2.77
Increase Decrease New since last portfolio
abrdn Asia Pacific Equity Fund A Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  abrdn Asia Pacific Equity Fund A Acc
Category:  Asia-Pacific ex-Japan Equity
Category Index:  Morningstar APAC xJpn TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-5.6914.9524.07-2.19-9.37-8.098.02-6.08
+/- Category2.910.914.26-3.45-1.32-7.84-1.81-2.70
+/- Category Index---5.55-3.82-10.19-2.64-3.94
% Rank in Category1439286963956681
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.11   -1.40-3.29
1 Week-6.46   -1.44-3.57
1 Month-6.52   -0.98-3.85
3 Months-10.98   -2.91-6.82
6 Months-14.67   -4.43-6.81
YTD-10.47   -3.25-7.14
1 Year-5.11   -3.45-8.73
3 Years Annualised-5.31   -4.25-6.44
5 Years Annualised2.94   -4.23-3.11
10 Years Annualised2.78   -2.72-2.58
 
Category: Asia-Pacific ex-Japan Equity
Category Index: Morningstar APAC xJpn TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-6.08---
20241.704.273.50-1.58
2023-0.38-6.49-3.682.44
2022-6.04-3.92-2.713.19
2021-0.132.77-3.28-1.48
2020-14.8219.164.5316.95
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowBelow Average1 star
5-YearBelow AverageAverage2 star
10-YearBelow AverageAverage2 star
OverallBelow AverageAverage2 star
 
Category :  Asia-Pacific ex-Japan EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.45 %
3-Yr Mean Return-2.63 %
 
3-Yr Sharpe Ratio-0.50
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar APAC xJpn TME NR USD  Morningstar APAC xJpn TME NR USD
3-Yr Beta0.960.96
3-Yr Alpha-5.78-5.78
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 52415-
Market Capitalisation% of Equity
Giant69.12
Large26.06
Medium4.61
Small0.18
Micro0.02
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings15.711.09
Price/Book2.461.42
Price/Sales2.251.19
Price/Cash Flow7.471.01
Dividend-Yield Factor2.240.74
 
Long-Term Projected Earnings Growth9.711.08
Historical Earnings Growth8.720.99
Sales Growth7.002.63
Cash-Flow Growth16.692.21
Book-Value Growth9.511.30
 
Category: Asia-Pacific ex-Japan Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.300.0099.30
Bond0.000.000.00
Property0.000.000.00
Cash8.677.970.70
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States3.072.15
Canada0.000.00
Latin America0.0063.67
United Kingdom0.040.05
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan0.000.00
Australasia8.160.47
Asia - Developed34.990.86
Asia - Emerging53.741.44
 
Category: Asia-Pacific ex-Japan Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.340.72
Consumer CyclicalConsumer Cyclical13.701.11
Financial ServicesFinancial Services22.780.90
Real EstateReal Estate4.251.54
Consumer DefensiveConsumer Defensive1.050.25
HealthcareHealthcare8.181.27
UtilitiesUtilities1.631.56
Communication ServicesCommunication Services11.181.32
EnergyEnergy0.950.62
IndustrialsIndustrials9.541.05
TechnologyTechnology23.400.97
 
Category: Asia-Pacific ex-Japan Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings59
Total Number of Bond Holdings0
Assets in Top 10 Holdings39.19
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan9.59
Tencent Holdings Ltd308China8.37
Meituan Class B102China3.43
AIA Group Ltd103Hong Kong3.42
DBS Group Holdings Ltd103Singapore2.77
Trip.com Group Ltd102China2.65
NARI Technology Co Ltd Class A310China2.40
Samsung Electronics Co Ltd Participat... 311Korea, Republic Of2.27
ResMed Inc CHESS Depositary Interests... 206United States2.15
Contemporary Amperex Technology Co Lt... 310China2.14
 
Increase Decrease New since last portfolio
Category: Asia-Pacific ex-Japan Equity
 
Management
Name of Companyabrdn Fund Managers Limited
Phone-
Websitehttps://www.abrdn.com/en-gb
Address280 Bishopsgate
 London   EC2M 4AG
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date01/04/1987
Fund Advisor(s)
abrdn Investments Limited
Fund ManagerPruksa Iamthongthong
Manager Start Date13/08/2007
Career Start Year2007
Education
Chulalongkorn University, B.A.
 
Biography
Pruksa Iamthongthong is Senior Investment Director on the Asian equities team. Pruksa joined the company in 2007. Pruksa graduated with a BA in Business Administration from Chulalongkorn University, Thailand and is a CFA charterholder. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. Longer version: Pruksa Iamthongthong is a Senior Investment Director on the Asian equities team. Pruksa joined the company in 2007. Co-covering Greater China with her Singapore and Hong Kong-based colleagues, Pruksa is part of the investment team managing Chinese Equities. She also sits on the Asia Pacific ex Japan Equities investment team, where she is responsible for company research and portfolio construction. Pruksa is also a Co-manager of Asia Dragon Trust, an asia focused investment trust listed in the UK. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Fund ManagerFlavia Cheong
Manager Start Date01/08/1996
Career Start Year1992
Education
University of Auckland, M.A.
University of Auckland, B.A.
 
Biography
Flavia Cheong is the Head of Asia Pacific Equities on the Asian equities team, where, as well as sharing responsibility for company research, she oversees regional portfolio construction. Before joining the company in 1996, she was an economist with the Investment Company of the People’s Republic of China, and earlier with the Development Bank of Singapore. Flavia graduated with a BA in Economics and an MA (Hons) in Economics from the University of Auckland. She is a CFA Charterholder. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Fund ManagerJames Thom
Manager Start Date02/08/2010
Career Start Year1999
Education
INSEAD, M.B.A.
Johns Hopkins University, M.A.
University College–London, B.S.
 
Biography
James Thom is a Senior Investment Director on the Asian equities team. James joined the company in 2010 from Actis, an Emerging Markets Private Equity firm. James graduated with an MBA from INSEAD, an MA from Johns Hopkins University and a BSc from University College London.
Fund ManagerLouis Lu
Manager Start Date15/11/2006
Career Start Year2008
Education
Peking University, B.S.
National University of Singapore, M.P.P.
 
Biography
Louis Lu is an Investment Manager on the Asian equities team. Louis joined the company in 2008 upon graduation. Louis graduated with a BSc in Financial Mathematics from Peking University, China and a Master of Public Policy (MPP) in Economics from the National University of Singapore and is a CFA Charterholder. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Fund ManagerChristina Woon
Manager Start Date01/12/2013
Career Start Year2012
Education
Singapore Management University, B.A./B.S.
 
Biography
Christina Woon is an Investment Director on the Asian equities team. Christina joined the company in January 2013 as a graduate. Christina holds a Bachelor of Accountancy from Singapore Management University. She and is a CFA Charterholder. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.20%
Ongoing Charge1.31%
Purchase Details
Minimum Investments
Initial500  GBP
Additional50  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes