JK Capital Management high conviction Asia Equity fund awarded 5-star Morningstar Rating

Il presente contenuto è destinato a investitori professionali ai sensi della direttiva MiFID.

JK Capital Management Ltd is pleased to announce that JKC FUND - La Française JKC Asia Equity has received a Morningstar Rating of 5-stars* (as of 30/09/2021).

The fund’s objective is to provide investors with exposure to the Asian continent through investments in companies operating predominantly in Asia excluding Japan. The fund aims at providing above-average returns with a lower than average volatility by implementing a bottom-up value approach investment methodology combined with a top-down macro-driven country allocation.

JKC FUND - La Française JKC Asia Equity is a high conviction, high concentration, benchmark agnostic fund that invests in Asia ex-Japan and has a ten-year track record. The fund only holds 24 names as at the end of September 2021, all selected through detailed bottom-up, fundamental research with a macro overlay and ESG considerations. The top 10 positions of the fund have an aggregate weight of 51.6% while these ten names have only a 0.1% aggregate weight in the MSCI Asia ex-Japan index.

Notably, over the past 12 months the fund was able to move away from the sectors and companies that were subject to strong headwinds while carrying heavy weights in the index. Fabrice Jacob, CEO, JK Capital Management Ltd., a La Française group-member company, added “The fund is also nimble when it comes to its investments’ market capitalisations, allowing it to find opportunities in smaller markets. The median market capitalisation of holdings is 2.7bn USD (ex-China) and 6.9bn USD (entire portfolio).

Altogether these factors have allowed the fund management team to generate alpha and we are very pleased to see it reflected in the Morningstar RatingTM of the fund.”