The Fund seeks to achieve long-term capital growth in the value of assets by investing in companies in Asia which the Manager believes will
benefit from the economic growth and development of the region.

Baring International Fund Mgrs (Ireland) Limited

Baring Asset Management Ltd

ASEAN Equity

Morningstar ASEAN TME NR USD

Equity

MSCI AC ASEAN NR USD

Barings ASEAN Frontiers I USD Acc

Barings ASEAN Frontiers A USD Inc

2023

2022

2021

2020

2019

Singapore

Indonesia

Thailand

Philippines

Malaysia

Vietnam

United States

Netherlands

Other countries

Unclassified

Financial Services

Consumer Cyclical

Consumer Defensive

Industrials

Technology

Healthcare

Real Estate

Communication Services

Utilities

Energy

Basic Materials

DBS Group Holdings Ltd

PT Bank Central Asia Tbk

Oversea-Chinese Banking Corp Ltd

Sea Ltd ADR

PT Bank Rakyat Indonesia (Persero) Tbk Registered Shs Series -B-

CP All PCL

United Overseas Bank Ltd

Bangkok Dusit Medical Services PCL

International Container Terminal Services Inc

Metropolitan Bank & Trust Co