Asset allocation
Distribution
| Type | % Net assets | % Short | % Long |
|---|---|---|---|
| Non-US stock | 98.50% | 0.00% | 98.50% |
| Cash | 0.90% | 0.00% | 0.90% |
| US stock | 0.60% | 0.00% | 0.60% |
| US bond | 0.00% | 0.00% | 0.00% |
| Non-US bond | 0.00% | 0.00% | 0.00% |
| Other | 0.00% | 0.00% | 0.00% |
As of Dec 31 2025
Weightings
Sectors
- Sectors
- Regions
| Sector | % Net assets | Category average |
|---|---|---|
| Technology | 32.62% | 28.54% |
| Financial Services | 22.68% | 21.34% |
| Communication Services | 11.59% | 8.75% |
| Consumer Cyclical | 10.66% | 11.96% |
| Industrials | 6.77% | 7.68% |
| Basic Materials | 2.71% | 5.89% |
| Energy | 2.59% | 3.70% |
| Real Estate | 2.59% | 1.35% |
| Healthcare | 2.02% | 2.83% |
| Other | 1.92% | 7.96% |
As of Dec 31 2025. Sectors weighting is calculated using only long position holdings of the portfolio.
Top 10 holdings
| Top 10 holdings as a per cent of portfolio | |||
|---|---|---|---|
| 34.30% | 41.32% | 0.00% | 41.32% |
| Category average | % Net assets | % Short | % Long |
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd 2330:TAI | +72.52% | 12.57% | |
| Tencent Holdings Ltd 700:HKG | +12.26% | 6.51% | |
| Samsung Electronics Co Ltd | +239.29% | 5.67% | |
| Alibaba Group Holding Ltd ADR | +21.95% | 3.38% | |
| SK Hynix Inc | +321.70% | 3.34% | |
| HDFC Bank Ltd HDFCBANK:NSI | +6.15% | 2.31% | |
| Reliance Industries Ltd RELIANCE:NSI | +14.94% | 2.04% | |
| China Construction Bank Corp 939:HKG | +21.00% | 2.00% | |
| Bharti Airtel Ltd BHARTIARTL:NSI | +21.26% | 1.77% | |
| NetEase Inc NETTF:PKL | +22.85% | 1.73% | |
| Per cent of portfolio in top 10 holdings: 41.32% |
