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LF Canlife Asia Pacific Fund

About the Fund


The LF Canlife Asia Pacific Fund aims to provide capital growth mainly from investment in equities quoted on Asia Pacific (including Australian) stock markets, excluding Japan

 

 

Essential features of the Fund

LF Canlife Asia Pacific Fund 

  • The Fund invests mainly in the equity of Asian Pacific listed companies and can invest in all sectors of the market
  • It also invests in structured products and may invest in collective investment schemes
  • Exposure is predominately in large capitalisation companies but tactically invests in small and midcap when opportunities arise
  • Key influences are top down macroeconomic factors which determine portfolio construction
  • Style agnostic with a contrarian bias
  • Cash typically 0 to 2.5% (can go to 10%)

For further details on the objective and investment policy, visit the Literature section to view fund KIIDs and Prospectus.

How the Fund is managed

  • Top down country selection – Understanding the macroeconomic picture of the region and its constituent countries is essential for identifying the best places to invest. Analysing the politics, public policy and economic cycle of each country, as well as general sentiment, helps to form a view of which markets might provide the best opportunities
  • Fundamental analysis – specific holdings are determined through research that is undertaken by the Canada Life Asset Management’s equities team, including company visits and conferences.  The choice spans a variety of industries, services and geographical locations, allowing the manager to gain targeted exposure
  • Sector selection - Sector allocations are important in order to ensure balance and diversification. Typically, macro and market views are considered in order to balance the portfolio across factors such as growth, cyclicality and defensiveness. Additionally, the desired exposure to trends such as in bond yields and commodity prices are key considerations. This approach to portfolio construction allows us to deliver a diversified source of return from both a capital and income perspective
  • Stock selection - typically across companies of all sizes, from large well-knowns to smaller scale operations.  The stock selection process itself takes into account several factors. These include the company’s market position, quality of its brand and underlying assets, how it fits in with current market and economic trends, and the specific drivers behind earnings and dividend growth. The managers will also conduct a thorough analysis of a company’s valuation, being sure to understand its earnings forecasts and any changes to a company’s strategy or management team

Reasons to recommend

Flexible approach

The fund typically invests in ten or more countries in the region with a different approach for each market. The managers' have the freedom to invest wherever the opportunities lie without being unduly tied to benchmark weightings or specific country allocations

Active management

Asia is a highly diverse region where an investor cannot succeed by simply taking on passive exposure to all countries. Investing here requires good knowledge of each country and their financial markets in order to unearth compelling investment opportunities

Blended performance

The investment approach combines the benefits of taking a top-down, macroeconomic view of each economy as well as a bottom-up approach to stock selection in order to achieve the best positioning for prevailing market conditions

The value of investments may fall as well as rise and investors may not get back the amount invested

Due to the underlying assets held, the price of the fund is classed as having above average to high volatility.

Fund Managers
Ming Kemp

Ming Kemp

Fund Manager, Asia Pacific

Learn more
Sales contact
Gettyimages 723507887

Adam Creed

Sales Director – Discretionary and Group

020 7415 6488

adam.creed@canadalife.co.uk

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