Key Highlights

  • The active fund invests primarily in listed equity securities of Asian companies.
  • Reported turnover is 304.79%, and the management fee is 1.13%.
  • Taiwan Semiconductor Manufacturing (5.30%) and Samsung Electronics (4.41%) lead the holdings listed.
  • The July 2026 distribution of $0.699 is far above the $0.085 paid in July 2025.

Platinum Asia Fund Complex ETF (ASX:PAXX) primarily invests in listed equity securities of Asian companies. The fund may invest in securities listed outside Asia, including companies not listed in Asia whose predominant business is conducted in Asia or that benefit from exposure to the Asian economic region. The fund was admitted to the ASX on 14 September 2017 and last traded at $5.70 on 13 October 2026. It reports a fund size of $277.32 million.

Detail

Information

Ticker

ASX:PAXX

Fund

Platinum Asia Fund Complex ETF

Category

Equity Asia Pacific w/o Japan

Benchmark

MSCI AC Asia EX Japan NR AUD

Fund size

$277.32 million

Management fee

1.13%

Units on issue

47,486,414

ASX admission date

14 September 2017

Holdings

The holdings table lists seven positions. Taiwan Semiconductor Manufacturing leads at 5.30%, followed by Samsung Electronics (4.41%), InterGlobe Aviation (4.31%), Tencent Holdings (3.77%) and SK Hynix (3.26%). China Resources Land holds 3.17% and Macrotech Developers 3.03%.

Sector, country and market-capitalisation breakdowns are not shown in a standing form. The issuer publishes a Quarterly Portfolio Disclosure instead.

Turnover and category

Reported turnover is 304.79%, meaning the value of trades is about three times the size of the portfolio over a year, far higher than for index-tracking Asia funds.

Morningstar places the fund in the Equity Asia Pacific without Japan category, whose funds invest in companies from the Asia Pacific region excluding Japan, with regional securities typically at least 75% of the portfolio.

Fee, risk and distributions

The management fee is 1.13% a year. The fund reports a beta of 0.75 and a standard deviation of 17.00. The final distribution of $0.699 per unit had an ex-date of 1 July 2026, a record date of 2 July and payment on 16 July.

That is higher than the $0.085 paid in July 2025, $0.033 in July 2024, $0.063 in July 2023 and $0.146 in July 2022.

Category classification and liquidity

Morningstar places the fund in the Equity Asia Pacific w/o Japan category, which covers funds investing primarily in companies from the Asia Pacific region excluding Japan, with regional securities typically at least 75% of the portfolio and possibly including emerging-market stocks.

Liquidity indicators add a further view. Fund size and units on issue are not reported for this product, and average daily trading volume is 50,996 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 11,400 to 439,100 units, with 63,570 recorded on 13 October while the market was still open. The bid-offer range stood at $5.53 to $5.73, and the day range at $5.68 to $5.80. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged a notice of a change of control of the responsible entity on 12 October, monthly redemptions and units-on-issue details for September on 7 October, and the 2026 Annual Report on 18 September. A Quarterly Portfolio Disclosure for June 2026 followed on 27 August.

Closing Perspective

PAXX is an actively managed Asian equity fund with a 1.13% fee and unusually high turnover. Its July distribution was several times larger than in earlier years, and the issuer has notified a change of control of the responsible entity. These facts describe the fund and do not forecast outcomes.