Key Highlights

  • Technology accounts for 60.08 percent of the fund, higher than the category average of 46.06 percent.
  • Taiwan Semiconductor Manufacturing Co is the largest holding at 21.96 percent.
  • The fund holds 44 companies and reports management fees and costs of 0.95 percent.
  • Japan makes up 8.61 percent of the portfolio, although the fund sits in an Asia Pacific without Japan category.

The Ellerston Asia Growth Fund Complex ETF (ASX:EAFZ) gains exposure to Asian companies through securities listed on Asian exchanges or included in its benchmark. On 3 November 2026 the units were quoted at $7.64, unchanged from the previous close, with a bid and offer range of $7.51 to $7.54. The fund was admitted on 8 June 2023 and is benchmarked against the MSCI AC Asia ex Japan NR AUD index.

Fund detail

Information

Ticker

ASX:EAFZ

Benchmark

MSCI AC Asia EX Japan NR AUD

Category

Equity Asia Pacific w/o Japan

Admitted

8 June 2023

Management fees and costs

0.95%

Last price (3 November 2026)

$7.64

Bid / offer range

$7.51 - $7.54

Total fund holdings

44 companies

ISIN

AU0000278400

Investment scope and fees

The fund states that it will obtain exposure to Asian companies through any combination of securities listed on exchanges in Hong Kong, China, Taiwan, Korea, India, Singapore, Malaysia, Thailand, the Philippines, Indonesia, Japan, Vietnam, Pakistan and Sri Lanka. It may also hold securities included in its benchmark, or those the Responsible Entity expects to join the benchmark.

The listing shows management fees and costs of 0.95 percent and a portfolio of 44 companies. Because the mandate allows Japanese securities, Japan appears in the country breakdown, a feature the category label does not reflect.

Sector and country weightings

Technology is the largest sector at 60.08 percent, compared with 46.06 percent for the category, while financial services account for 15.05 percent. Industrials make up 11.64 percent against a category figure of 7.09 percent, and consumer cyclical stocks represent 5.81 percent, well below the category's 13.47 percent. Basic materials and consumer defensive holdings are reported at zero.

Taiwan is the largest country weight at 30.03 percent, followed by China at 20.77 percent and South Korea at 20.29 percent. India accounts for 9.63 percent, while Japan (8.61 percent), Singapore (3.55 percent), the United States (3.14 percent) and the United Kingdom (2.14 percent) make up the remainder. Cash represents 5.19 percent of the portfolio.

Leading positions

Taiwan Semiconductor Manufacturing Co is the largest holding at 21.96 percent, with Samsung Electronics at 9.61 percent and SK hynix at 7.12 percent. Together the ten largest positions make up 54.20 percent of the fund, leaving 45.80 percent in the remaining holdings.

Other leading positions include DBS Group at 3.36 percent, Tencent at 2.64 percent, Alibaba at 2.14 percent, HSBC at 2.02 percent, China Construction Bank and Advantest at 1.77 percent each, and AMMB Holdings at 1.74 percent. The listing does not show a turnover ratio.

Final Word

Taken together, the portfolio leans toward semiconductor and technology companies, with its largest country weights in Taiwan, China and South Korea and a broader country mix than the category average. The concentration in its largest positions and the inclusion of Japanese securities are the features readers may wish to examine in the fund's Annual Report and product documents.