Top holdings
19.63%Per cent of portfolio in top holdings
| Holding | % of portfolio |
|---|---|
| Tencent Holdings Ltd | 8.57% |
| PDD Holdings Inc ADR | 5.25% |
| Alibaba Group Holding Ltd Ordinary Shares | 3.57% |
| Pony AI Inc ADR | 2.24% |
As of Oct 31 2025. Top holdings excludes cash and cash equivalents.
Sector weighting
| Sector | % of portfolio |
|---|---|
| Consumer Cyclical | 28.83% |
| Communications Equipment | 13.62% |
| Industrials | 12.72% |
| Consumer Defensive | 7.01% |
| Technology | 5.99% |
| Healthcare | 5.69% |
| Real Estate | 4.39% |
| Financial Services | 4.24% |
| Basic Materials | 3.92% |
| Other | 1.51% |
As of Oct 31 2025.
Regional holdings
| Holding | % of portfolio |
|---|---|
| China | 107.83% |
| Hong Kong | 11.05% |
| Cayman Islands | 5.69% |
| USA | 3.55% |
| Japan | 1.06% |
| Singapore | 0.33% |
| Taiwan | 0.17% |
| Macao | 0.11% |
| France | 0.00% |
| UK | 0.00% |
As of Oct 31 2025.
