Morningstar® Fund Report™|18/08/2025
JPMorgan ASEAN Fund (AUD)
Performance History 31/07/2025
Growth of 1,000(CNY)
Fund -4.09 -5.43 -0.26 3.56 5.88
+/-Cat -7.63 -5.51 -1.55 -8.27 -
+/-Idx - - - - -
Category: Other Equity
Index: -
Trailing Returns 14/08/2025
Fund +/-Idx
YTD 12.23 -
3 Years 13.50 -
5 Years 22.38 -
10 Years 46.78 -
12 Month Yield -
Dividend Paying Frequency -
Key Stats
Morningstar Category
Other Equity
Morningstar Rating™
Not Rated
ISIN
HK0000132412
NAV 14/08/2025
AUD 14.0600
Day Change
-0.57%
Total Net Assets (mil)
31/07/2025
AUD  1177.20
Front Load Fee
3.00%
Deferred Load Fee
-
Manager Name
Stacey Neo
Desmond Loh
Changqi Ong
Pauline Ng
Inception Date
28/12/2012
Benchmark
Fund Benchmark
MSCI AC ASEAN 10/40 NR USD
Morningstar® Benchmark
-
Investment strategy
To provide long-term capital growth by investing primarily in the securities of companies with significant assets in, or earnings derived from, one or more of the countries comprising the Association of Southeast Asian Nations (ASEAN).
Portfolio Profile 30/06/2025
Morningstar Style Box®_Morningstar:
Equity Style
Asset Allocation %
% Long % Short % Net Assets
Stocks 97.97 0.00 97.97
Bonds 0.01 0.00 0.01
Cash 3.34 1.31 2.03
Other 0.00 0.00 0.00
Top 5 Regions %
Asia - Emerging 53.37
Asia - Developed 46.63
United States 0.00
Canada 0.00
Latin America 0.00
Top 5 Sectors %
Financial Services 45.83
Consumer Cyclical 12.65
Industrials 12.24
Real Estate 7.58
Communication Services 4.98
Top 5 Holdings Sector %
DBS Group Holdings Ltd Financial Services Financial Services 9.89
Sea Ltd ADR Consumer Cyclical Consumer Cyclical 9.59
PT Bank Central Asia Tbk Financial Services Financial Services 7.88
United Overseas Bank Ltd Financial Services Financial Services 6.59
Oversea-Chinese Banking Corp Ltd Financial Services Financial Services 4.13
Return Charts
3 Months 6 Months 1 Year 3 Years 5 Years 10 Years
Index Currency
UPDATE
Fund: JPMorgan ASEAN Fund (AUD)
Index: Please select ...
Annual Returns 31/07/2025
2018 2019 2020 2021 2022 2023 2024 2025
Total Return -15.20 10.44 -0.64 -4.09 -5.43 -0.26 3.56 5.88
+/- Category -7.79 2.30 4.71 -7.63 -5.51 -1.55 -8.27 -
+/- Index - - - - - - - -
% Rank (Rel to Cat) - - - - - - - -
Trailing Returns 14/08/2025
Total Return +/- Category +/- Index
1 Day -1.36 -0.86 -
1 Week 2.74 5.13 -
1 Month 4.45 11.00 -
3 Months 4.74 10.59 -
6 Months 9.80 21.51 -
YTD 12.23 17.50 -
1 Year 13.30 31.87 -
3 Years 13.50 36.31 -
5 Years 22.38 58.47 -
10 Years 46.78 79.00 -
Quarterly Returns 31/07/2025
Quarter 1 Quarter 2 Quarter 3 Quarter 4
2025 -2.10 8.43 - -
2024 -2.40 2.30 18.36 -12.37
2023 -0.18 -0.08 -5.27 5.56
2022 4.15 -17.25 -2.28 12.29
Dividend 14/08/2025
12 Month Yield -
Morningstar Rating™ -
3-Year Not Rated
5-Year Not Rated
10-Year Not Rated
Overall Not Rated
Volatility Measurements 31/07/2025
1-Yr Volatility 17.75%   3-Yr Volatility 17.62%
1-Yr MaximumDrawdown -18.35% 3-Yr MaximumDrawdown -23.03%
1 Yr Sharpe Ratio 0.51 3-Yr Sharpe Ratio 0.29
3-Yr Mean Return 0.52%
Investment Style Details 30/06/2025
Morningstar Style Box®_Morningstar:
Equity Style
Size Rel to Cat
Average Mkt Cap (Mil) USD 21735.22 0.00
Market Capitalisation % Of Equity
Giant 40.59
Large 40.50
Medium 7.28
Small 0.00
Micro 0.00
Valuations and Growth Rates Equity Portfolio Relative to Category
Price/Prospective Earnings 13.58 0.00
Price/Book 1.76 0.00
Price/Sales 0.34 0.00
Price/Cash Flow 6.98 0.00
Dividend-Yield Factor 4.51 0.00
Long-Term Projected Earnings Growth 4.28 0.00
Historical Earnings Growth 16.50 0.00
Sales Growth 9.82 0.00
Cash-Flow Growth 11.64 0.00
Book-Value Growth 4.65 0.00
AssetAllocation 30/06/2025
Asset Allocation
% Long % Short % Net Assets
Stocks 97.97 0.00 97.97
Bonds 0.01 0.00 0.01
Cash 3.34 1.31 2.03
Other 0.00 0.00 0.00
World Regions 30/06/2025
% Of Equity Relative to Category
United States 0.00 0.00
Canada 0.00 0.00
Latin America 0.00 0.00
United Kingdom 0.00 0.00
Eurozone 0.00 0.00
Europe - ex Euro 0.00 0.00
Europe - Emerging 0.00 0.00
Africa 0.00 0.00
Middle East 0.00 0.00
Japan 0.00 0.00
Australasia 0.00 0.00
Asia - Developed 46.63 0.00
Asia - Emerging 53.37 0.00
Emerging Market 53.37 0.00
Developed Country 46.63 0.00
Not Classified 0.00 0.00
Stock Sector Weightings 30/06/2025
% Of Equity Relative to Category
CyclicalCyclical 66.67 -
Basic MaterialsBasic Materials 0.62 -
Consumer CyclicalConsumer Cyclical 12.65 -
Financial ServicesFinancial Services 45.83 -
Real EstateReal Estate 7.58 -
Sensitive 21.77 -
Communication ServicesCommunication Services 4.98 -
EnergyEnergy 1.19 -
IndustrialsIndustrials 12.24 -
TechnologyTechnology 3.37 -
DefensiveDefensive 9.52 -
Consumer DefensiveConsumer Defensive 3.38 -
HealthcareHealthcare 2.52 -
UtilitiesUtilities 3.62 -
Top 10 Holdings 30/06/2025
Portfolio
Total Number of Equity Holdings 54
Total Number of Bond Holdings 0
Assets in Top 10 Holdings % 52.42
Product Name Sector Country/Region % of Assets
DBS Group Holdings Ltd Financial Services Financial Services Singapore 9.89
Sea Ltd ADR Consumer Cyclical Consumer Cyclical Singapore 9.59
PT Bank Central Asia Tbk Financial Services Financial Services Indonesia 7.88
United Overseas Bank Ltd Financial Services Financial Services Singapore 6.59
Oversea-Chinese Banking Corp Ltd Financial Services Financial Services Singapore 4.13
PT Bank Mandiri (Persero) Tbk Financial Services Financial Services Indonesia 3.10
CapitaLand Integrated Commercial Trust Real Estate Real Estate Singapore 2.93
Singapore Telecommunications Ltd Communication Services Communication Services Singapore 2.92
PT Bank Rakyat Indonesia (Persero) Tbk Registered Shs Series -B- Financial Services Financial Services Indonesia 2.87
Bangkok Dusit Medical Services PCL Healthcare Healthcare Thailand 2.52
Management Team
CompanyName JPMorgan Funds (Asia) Limited
Phone (852) 2265 1188
Website www.jpmorgan.com.hk
Address 21st Floor, Chater House
8 Connaught Road Central


 
Domicile HKG
Legal Structure Unit Trust
UCITS No
Inception Date 28/12/2012
Fund Advisor(s)
JPMorgan Asset Management (Asia Pacific)
Fund Manager   Stacey Neo
Manager Start Date   03/06/2019
Education  
Biography  
Stacey Neo, executive director, is a country specialist for Malaysian and Singaporean equities and a member of the ASEAN Team within the Emerging Markets and Asia Pacific (EMAP) Equities Team. Based in Singapore, she joined the Firm in 2012 from Bank of America Merrill Lynch where she was vice president with the Institutional Equity Sales specializing in ASEAN sales. Prior to that, Stacey worked with ING Bank as director responsible for investment banking/corporate finance advisory of cross-border M&A transactions. She began her career with PricewaterhouseCoopers in 1996. Stacey obtained a Degree in Bachelor of Accountancy from Nanyang Technological University. She is also a CFA charterholder and Certified Public Accountant.
Fund Manager   Desmond Loh
Manager Start Date   03/06/2019
Education  
Singapore Management University
Biography  
Desmond Loh, executive director, is a regional specialist for Asia Pacific ex-Japan equities with the Emerging Markets and Asia Pacific (EMAP) Equities Team based in Singapore. He joined the JP Morgan in 2012 after spending five years at Eastspring Investments where he was a portfolio manager specializing in Singapore and Vietnam equities. He began his career in 2004 with APS Asset Management where he was a senior investment analyst for three years. Desmond obtained a Bachelor of Engineering from Imperial College London, an M.Sc. in Financial Engineering from the National University of Singapore and an M.Sc. in Wealth Management from the Singapore Management University. He is also a CFA charterholder.
Fund Manager   Changqi Ong
Manager Start Date   01/04/2013
Education  
Biography  
Chang Qi Ong, vice president, is a country specialist for Philippines and Vietnam equities and a member of the ASEAN Team within the Emerging Markets and Asia Pacific (EMAP) Equities Team. Based in Singapore, he joined the Firm in 2011 from Temasek Holdings. Chang Qi spent his first year with Temasek in the private equity space focusing on infrastructure and industrial sectors in Asia before being seconded to Seatown Holdings, a multi-asset investment holding company wholly-owned by Temasek. As an investment analyst, he spent two years evaluating investment opportunities across asset classes including equities, credit and distressed debt. Chang Qi obtained a B.Sc. in Economics (Summa cum laude) from the Singapore Management University.
Fund Manager   Pauline Ng
Manager Start Date   01/06/2005
Education  
Nanyang Technological University
Biography  
Pauline Ng, managing director, is a country specialist for ASEAN equities and head of the ASEAN Team within the Emerging Markets and Asia Pacific (EMAP) Equities Team based in Singapore. Pauline joined the Firm in 2005 from AllianzDresdner Asset Management where she was first an Asia ex-Japan telecommunications analyst and latterly as a fund manager responsible for Malaysia and emerging Asia. Pauline obtained a Bachelor Degree in accounting from Nanyang Technological University in Singapore. She is a CFA charterholder and Certified Public Accountant. BACC - Nanyang Technological University Chartered Financial Analyst (CFA) Certified Public Accountant (CPA) 2005: Joined JPMorgan Asset Management, Singapore as an Investment Manager 2004: Appointed Fund Manager responsible for Malaysia and emerging Asia 2001: Joined AllianzDresdner Asset Management as Asia ex Japan telecom analyst.
Fees and Expenses
Sales Charges (Maximum)
Front Load Fee 3.00%
Deferred Load Fee -
Switching Fee 1.00%
Annual Charge
Management (Max) 1.50%

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