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MLC MKPF - Platinum Asia Fund

MLC0851AU

MLC MKPF - Platinum Asia Fund MLC0851AU Strategy

The fund primarily invests in the listed securities of Asian companies. The fund will ideally consist of 50 to 100 securities that Platinum believes to be undervalued by the market. Cash may be held when undervalued securities cannot be found. Platinum may short sell securities that it considers overvalued. The Portfolio will typically have 50% or more net equity exposure.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

funds

Morningstar reassess view of Platinum ETF and fund

Changes to the portfolio management team drive a ratings revision.
funds

Listed Investment Companies monthly performance: March 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
funds

Why LICs may be close to bottoming

Investor disgust, consolidation, de-listings, price discounts, activist investors entering - it’s what typically happens at business cycle troughs, and it’s happening to LICs now. That may present a potential opportunity.

Markets

Index
Last price
Change
% Change
All Ordinaries 7,891.40 42.00 0.54%
CAC 40 7,914.65 70.28 -0.88%
DAX 40 17,896.50 35.67 -0.20%
Dow JONES (US) 38,225.66 322.37 0.85%
FTSE 100 8,172.15 50.91 0.63%
HKSE 18,513.14 306.01 1.68%
NASDAQ 15,840.96 235.48 1.51%
Nikkei 225 38,236.07 37.98 -0.10%
NZX 50 Index 11,878.69 4.65 0.04%
S&P 500 5,064.20 45.81 0.91%
S&P/ASX 200 7,624.50 37.50 0.49%
SSE Composite Index 3,104.82 8.22 -0.26%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.03 0.00 3.13%
Telstra Group Ltd TLS 3.61 0.02 0.42%
Imugene Ltd IMU 0.08 0.00 -1.76%
Pilbara Minerals Ltd PLS 4.17 0.11 2.59%
National Storage REIT NSR 2.14 0.01 0.23%
Evolution Mining Ltd EVN 3.79 0.17 -4.18%
Australian Vanadium Ltd AVL 0.01 0.00 -3.57%
G8 Education Ltd GEM 1.19 0.02 -1.24%
Zip Co Ltd ZIP 1.30 0.06 4.44%
BrainChip Holdings Ltd BRN 0.24 0.01 -3.00%