The Fund aims to achieve a combination of growth and income by investing in smaller capitalisation companies in Asia Pacific countries (excluding Japan), which adhere to the Fund's ESG criteria.
Offers high-conviction exposure to smaller capitalization companies across Asia-Pacific excluding Japan. Seeks to capture stock-specific alpha and long-term capital growth in an under-researched sub-asset class. Positioned as an actively managed, quality-oriented portfolio benchmarked against the MSCI AC Asia Pacific ex Japan Small Cap Index.
Managed via an Asia Pacific Equity portfolio construction pod accountable for overall strategy execution. Supported by a dedicated regional team of approximately 35 investment professionals operating across six locations in Asia Pacific. Leverages an extensive global research network that provides on-the-ground corporate access and deep regional sector expertise.
Targets consistent excess returns over a full market cycle through bottom-up, fundamental stock selection. Focuses on downside risk mitigation by prioritizing companies with resilient earnings, strong balance sheets, and high returns on equity. May experience relative underperformance during speculative or low-quality market rallies due to its structural overweight to quality assets.
Utilizes a fundamental, bottom-up stock selection framework to build a concentrated portfolio of 60 to 90 high-conviction holdings. Evaluates companies across five core quality dimensions: industry attractiveness, business model durability, financial strength, management execution, and ESG factors. Fully integrates environmental, social, and governance analysis into investment scorecards and active corporate stewardship.
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
Investors seeking long-term capital appreciation and structural diversification beyond large-cap equities can consider an allocation to this strategy. Investors should remain mindful of the strategy's concentration, its tilt toward the quality factor, and the elevated volatility inherent to smaller capitalization emerging market stocks. It is best utilized as a satellite growth allocation within a broader, well-diversified equity portfolio framework.
Daily data. Returns as of 24 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 4.1% | 2.6% | -11.9% | 15.6% | 5.1% | -1.1% | -6.2% | 10.8% | - | - | - | - |
| 2025 | 13.0% | -2.2% | -4.6% | -2.9% | 0.9% | 6.0% | 6.2% | 1.2% | 4.5% | 2.3% | 4.1% | -2.0% | -0.4% |
| 2024 | 17.3% | -0.7% | 3.3% | 0.1% | 4.6% | 1.9% | 3.2% | -2.2% | 0.5% | 3.0% | -0.1% | 1.3% | 1.5% |
| 2023 | 10.7% | 3.9% | -3.2% | 0.9% | -2.2% | 0.4% | 3.4% | 3.2% | -0.3% | -0.6% | -6.4% | 8.1% | 3.8% |
| 2022 | -24.0% | -9.3% | -1.0% | 2.0% | -5.1% | -3.4% | -8.9% | 3.5% | 2.7% | -8.6% | -4.1% | 9.3% | -2.5% |
| Load more | 5 of 21 | ||||||||||||
| Chroma Ate Inc | 4.20% |
| Karur Vysya Bank Ltd | 2.99% |
| Taiwan Union Technology Corp | 2.91% |
| Ventia Services Group Ltd | 2.61% |
| Generation Development Group Ltd | 2.54% |
| Mobile World Investment Corp | 2.53% |
| Cosmecca Korea Co Ltd | 2.52% |
| Sino-American Silicon Products Inc | 2.47% |
| China Yuchai International Ltd | 2.35% |
| Chung-Hsin Electric & Machinery Mfg Corp | 2.22% |
| Iljin Electric Co Ltd | 2.21% |
| HD Hyundai Marine Solution Co Ltd | 2.17% |
| Hang Lung Properties Ltd | 2.14% |
| Grand Process Technology Corp | 2.10% |
| Fositek Corp Ordinary Shares | 2.09% |

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