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MLC MKBS - Platinum Asia Fund

MLC0911AU

MLC MKBS - Platinum Asia Fund MLC0911AU Strategy

The fund primarily invests in the listed securities of Asian companies. The fund will ideally consist of 75 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. Derivatives may be used for risk management purposes and to increase returns.
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

KiwiSaver Survey - March Quarter 2024

KiwiSaver assets increased, owing significantly to market movements, ending the quarter at NZD 108.6 billion, up around NZD 4 billion for the quarter.
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).

Markets

Index
Last price
Change
% Change
All Ordinaries 7,952.30 54.80 0.69%
CAC 40 7,996.64 39.07 0.49%
DAX 40 18,175.21 173.61 0.96%
Dow JONES (US) 38,852.23 176.55 0.46%
FTSE 100 8,213.49 41.34 0.51%
HKSE 18,578.30 102.38 0.55%
NASDAQ 16,299.65 143.32 0.89%
Nikkei 225 38,236.07 37.98 -0.10%
NZX 50 Index 11,820.78 117.30 -0.98%
S&P 500 5,170.23 42.44 0.83%
S&P/ASX 200 7,682.40 53.40 0.70%
SSE Composite Index 3,140.72 35.90 1.16%

Market Movers

Name
Last price
Change
% Change
BrainChip Holdings Ltd BRN 0.27 0.03 10.20%
Imugene Ltd IMU 0.08 0.01 -6.10%
Telstra Group Ltd TLS 3.59 0.01 0.28%
The Star Entertainment Group Ltd SGR 0.44 0.00 0.00%
Sayona Mining Ltd SYA 0.03 0.00 0.00%
Pantoro Ltd PNR 0.08 0.00 1.22%
Mesoblast Ltd MSB 1.16 0.07 6.45%
South32 Ltd S32 3.62 0.04 1.12%
Endeavour Group Ltd EDV 5.24 0.01 0.19%
Mirvac Group MGR 2.05 0.01 -0.49%