Fact Sheet
As at March 2024
As at March 2024
Antipodes Asia Income Fund
APIR: MAQ0782AU
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 generate regular income with some long-term capital growth by investing in fixed interest securities issued by companies in Asia and the Middle East. This may include high yield debt and convertible notes. The Fund may also invest in cash and money market instruments and derivatives including over-the-counter participatory notes and foreign exchange contracts.
Key Terms
| Status: | Open | Inception Date: | Aug 2011 |
| Strategy: | Fixed Income | Style: | N/A |
| Geography: | Asia | Domicile: | Australia |
| Investors: | Wholesale & Retail | Min. Investment: | AU$ 25,000 |
| Distributions: | Quarterly | Applications: | Daily |
| Fund Size: | AU$ 86.76m | Management Fee: | 1.13% |
| Manager FUM: | AU$ 8,000m | Performance Fee: | 0.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 0.72% | 1.12% | Sharpe1: | 0.56 | 0.30 |
| 1 Year: | 4.43% | 1.47% | Sortino1: | 0.75 | 0.40 |
| 3 Years1,2: | -4.14% | -1.29% | Best Month1: | 9.82% | 3.36% |
| 5 Years1,2: | 0.81% | 0.17% | Worst Month1: | -8.34% | -3.75% |
| Inception1,2: | 6.25% | 3.17% | Volatility1,2: | 8.00% | 4.11% |
| Up-Capture1: | 92% | N/A | Down-Capture1: | 18% | N/A |
Cumulative Returns Fund Index
Antipodes Asia Income Fund - Cumulative Performance vs Bloomberg AusBond Composite 0+ Yr Index
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Fixed Income - Credit Peer Group (41 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Antipodes Asia Income Fund
RBA Cash Rate + 5%
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.