The First State Asia Pacific Leaders Fund Analytical Essay by Nicky

Evaluates the performance of the First State Asia Pacific Leaders Fund.
# 149732 | 2,520 words | 5 sources | APA | 2009 | US


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Description:

After reviewing the recent performance, structure, investor choice, management and risk-taking of the First State Asia Pacific Leaders Fund (Fund), this paper states that the Fund successfully focuses on long-term capital growth rather than on quick profits that can soon be lost in a volatile market. Next, the author relates that the Fund invests in large and mid cap equities and equity-type securities of companies mostly situated in the Asia Pacific region. The paper points out that the Fund prefers to invest in non-cyclical sectors including consumer staples, telecoms and utilities. Several tables and charts are included in the paper.

Table of Contents:
Introduction
Recent Performance of the Fund
Structure of Fund is Umbrella Company
2009 Fund Activities
Fund Dominates Investor Choice in this Sector
Passive versus Active Management of the Funds
Fund not for Risk-Taking Investor Expecting a Quick and Large Return
Investment Objectives
Summary and Conclusion

From the Paper:

"According to the 2009 managers report, the following information has been recently made available on the management of First State Asia Pacific Leaders Fund: (1) Global equities decline on profit taking after a strong run; (2) Asia Pacific ex-Japan markets fell but outperformed; (3) Thailand produced strong returns as the political situation stabilized; (4) Taiwan, India and South Korea underperformed; (5) Kasikornbank (Thailand: Financials) gained as investors sought the attractive valuations offered by the Thai market; (6) Australian gold miners Newcrest Mining and Lihir Gold declined with the price of Gold; (7) We bought Link REIT (Financials) Hong Kong largest owner of retail property with significant and underestimated revenue potential; (8) We sold China Resources Power (Utilities) as we believe it is vulnerable should interest rates begin to rise; (9) We continue to retain a very conservative stance seeing little upside at current valuations; and (10) Markets are discounting a rapid return to the pre-crisis conditions of strong economic growth but not the possibility of higher inflation. (First State Investments, 2009) The following fund information is also stated in the same report."

Sample of Sources Used:

  • First Asia Pacific and Leaders Fund (2009) First State Investments. 2009. Online available at: http://www.fundslibrary.co.uk/fundslibrary.dataretrieval/documents.aspx?user=finex&sedol=3387421&track2=&ext=ut5181&type=packet_fund_class_doc_factsheet_private
  • First State Asia Pacific Leaders (2009) Trustnet. Online available at: http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=QIF52&univ=U
  • First State Asia Pacific Leaders Fund Leads the Pack (2009) Investors Chronicle. 2009. Online available at: http://www.investorschronicle.co.uk/InvestmentGuides/Funds/article/20090720/41d5825e-7210-11de-a4d6-0015171400aa/First-State-Asia-Pacific-Leaders-Fund-leads-the-pack.jsp
  • First State Investments ICVC (2009) Simplified Prospectus 8 Apr 2009. Online available at: http://www.fundslibrary.co.uk/fundslibrary.dataretrieval/documents.aspx?user=finex&sedol=3387421&track2=&ext=ut5181&type=packet_fund_class_doc_simplified_prospectus
  • Grote, Daniel (2009) Hold or Fold? First State Asia Pacific Leaders Fund. Citywire. 27 Apr 2009, Online available at: http://www.citywire.co.uk/adviser/-/features/hold-or-fold/content.aspx?ID=338674&Page=1

Cite this Analytical Essay:

APA Format

The First State Asia Pacific Leaders Fund (2011, December 29) Retrieved December 10, 2019, from https://www.academon.com/analytical-essay/the-first-state-asia-pacific-leaders-fund-149732/

MLA Format

"The First State Asia Pacific Leaders Fund" 29 December 2011. Web. 10 December. 2019. <https://www.academon.com/analytical-essay/the-first-state-asia-pacific-leaders-fund-149732/>

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