The Asian Masters Fund Limited (the Fund) was established in November 2007 as a multi-manager listed investment company to provide Australian investors the opportunity to gain exposure to leading Asian equities funds. The Fund invests in specialist funds which invest primarily in listed stocks in Asia or securities of companies that derive the majority of their business from Asia. The Fund is listed on the Australian Securities Exchange under the ticker “AUF”.
The Fund aims to generate high real returns over time, primarily through capital growth, and within acceptable risk parameters.
Unlike a traditional investment vehicle, a multi-manager style investment company invests not in securities traded on an exchange, but in managed investment schemes and other funds that in turn make the investment in underlying securities. The Asian Masters Fund does not have any direct holdings in Asian listed equities.
Through the Fund, Australian domiciled retail investors can gain access to a diversified portfolio of funds managed by leading Asian equities fund managers.
Key advantages of investing in Asian Masters Fund Limited include:
- Access to leading Asian equity managers that may not have products available for Australian based retail investors to invest in;
- Potential for lower entry costs, as Walsh & Company Asset Management Pty Limited, the manager of the Fund, may be able to negotiate fee discounts and rebates (including for any upfront entry costs);
- Investors will be investing in an Australian company listed on the Australian Securities Exchange and accordingly, may only be exposed directly to the tax consequences of investing in an Australian company; and
- Access to a diversified portfolio that is actively managed by a dedicated Investment Manager whose principals have extensive contacts and experience in assessing Asian markets and Asian equities fund managers.
Like all investments, an investment in the Fund carries risks which may result in the loss of income or principal invested. In addition to the general risks of investing, specific risks associated with investing in the Fund include, but not limited to, Asian equity risk, sovereign risk and currency risk. For further information about the risks of investing in the product see Section 3 in the Prospectus.