Fact Sheet
As at March 2024
As at March 2024
Antipodes China Fund
APIR: MAQ0441AU
Manager Summary
Antipodes is a global asset manager offering a pragmatic value approach across long only and longshort strategies. It aspires to grow client wealth over the long-term by generating absolute returns in excess of the benchmark at below market levels of risk. Antipodes seeks to take advantage of the market's tendency for irrational extrapolation, identify investments that offer a high margin of safety and build high conviction portfolios with a capital preservation focus.
Antipodes is majority owned by its investment team.
Antipodes is majority owned by its investment team.
Strategy Summary
The Fund aims to provide long-term capital growth over a three to five year period, prior to exchange rates effects primarily by investing in companies across a range of market capitalisations listed in Hong Kong, mainland China, Macau and Taiwan (Greater China) and companies listed on other exchanges, which have significant assets, investments, production activities, trading or other business interests in the Greater China region, or which derive a significant portion of their revenue from the Greater China region.
Key Terms
| Status: | Open | Inception Date: | Oct 2005 |
| Strategy: | Equity Long | Style: | Growth |
| Geography: | China | Domicile: | Australia |
| Investors: | Wholesale & Retail | Min. Investment: | AU$ 25,000 |
| Distributions: | Annually | Applications: | Daily |
| Fund Size: | AU$ 40.5m | Management Fee: | 2.30% |
| Manager FUM: | AU$ 8,000m | Performance Fee: | 15.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | -0.34% | 3.29% | Sharpe1: | 0.25 | 0.21 |
| 1 Year: | -14.16% | 27.92% | Sortino1: | 0.21 | 0.19 |
| 3 Years1,2: | -15.13% | 8.84% | Best Month1: | 22.26% | 12.14% |
| 5 Years1,2: | -3.68% | 9.35% | Worst Month1: | -16.02% | -19.82% |
| Inception1,2: | 6.06% | 5.05% | Volatility1,2: | 19.37% | 13.78% |
| Up-Capture1: | 31% | N/A | Down-Capture1: | 84% | N/A |
Cumulative Returns Fund Index
Antipodes China Fund - Cumulative Performance vs Asia Pacific Index
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Equity Long - Asia Peer Group (24 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Antipodes China Fund
Asia Pacific Index Benchmark
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.