First State Asia Pacific Leaders Fund
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Figure 3
First State Asia Pacific Leaders Fund Regional Breakdown
|Region |Percentage |
|Greater China |38.3% |
|Australasia |25.1% |
|South East Asia |16.4% |
|Indian Subcontinent |7.6% |
|Korea |6.9% |
|Cash |5.6% |
Source: First State Investments (2009)
IV. Fund Dominates Investor Choice in this Sector
The work entitled: First State Asia Pacific Leaders Fund Leads the Pack published by the Investors Chronicle reports: As positive sentiment mounts around the prospects for Asia in a post-credit crunch world, investor interest in Asia Pacific (ex Japan) funds continues to gain momentum. (Investors Chronicle, 2009) It is stated that according to recent figures released by Cofunds, the UKs biggest investment platform, confirms a significant rise in the net sales of funds focused on investment opportunities in this region. (Investors Chronicle, 2009) According to business development manager at Cofunds, Michelle Woodburn, if there is one fund which dominates investor choice in this sector, it is the First State Asia Pacific Leaders Fund. (Investors Chronicle, 2009)
Woodburn goes on to state First State's offering continues to dominate within the emerging markets arena, with flows into the Asia Pacific Leaders fund increasing significantly in the second quarter of this year -
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