Key Highlights

  • The fund is actively managed and invests in companies with significant links to Asia, excluding Japan.
  • Technology makes up 52.72 percent of the portfolio, above the category average of 46.06 percent.
  • Taiwan Semiconductor Manufacturing Co is the largest holding at 18.15 percent.
  • The listing reports management fees and costs of 1.18 percent across 76 holdings.

The abrdn Sustainable Asian Opportunities Active ETF (ASX:ASAO) is an actively managed fund listed on the Australian Securities Exchange that invests in companies with significant links to Asia, excluding Japan. On 3 November 2026 the units were quoted at $1.28, unchanged from the previous close, although no units had traded in the session shown on the listing. The fund sits in the Equity Asia Pacific without Japan category and was admitted to the exchange on 19 October 2022.

Fund detail

Information

Ticker

ASX:ASAO

Benchmark

MSCI AC Asia EX Japan NR AUD

Category

Equity Asia Pacific w/o Japan

Admitted

19 October 2022

Management fees and costs

1.18%

Last price (3 November 2026)

$1.28

Total fund holdings

76 companies

ISIN

AU0000236804

Investment approach and structure

According to the fund's stated objective, the portfolio aims to generate long-term total returns by investing mainly in equities and equity-related securities. Eligible holdings include companies listed, incorporated or domiciled in Asia excluding Japan, as well as companies that earn a significant share of Revenue or profit from the region or hold significant Assets there. Because the fund is actively managed, its holdings are chosen by the Investment team rather than replicating an index, so its mix can differ from the MSCI AC Asia ex Japan benchmark.

The listing shows a management fee and cost ratio of 1.18 percent and no fund size figure at the time of writing. The portfolio is almost fully invested in shares, with cash at 2.02 percent and no bond holdings.

Country and sector weightings

Technology is the largest sector at 52.72 percent, above the category average of 46.06 percent. Financial services follow at 16.48 percent, while consumer cyclical stocks account for 8.94 percent, compared with 13.47 percent for the category. Industrials, at 3.56 percent, sit well below the category figure of 7.09 percent.

By country, Taiwan is the largest exposure at 30.27 percent, followed by China at 25.09 percent and South Korea at 23.95 percent. India accounts for 12.46 percent, roughly double the category weighting of 6.00 percent. Hong Kong, Singapore and Vietnam each hold smaller shares, and every holding in the portfolio sits in the above one billion dollar Market Capitalisation band.

Top holdings and concentration

The ten largest positions account for 55.11 percent of the fund, with the remaining 44.89 percent spread across the 76 companies held. Taiwan Semiconductor Manufacturing Co leads at 18.15 percent, followed by SK hynix at 7.98 percent. Two Samsung Electronics share classes appear separately at 7.03 percent and 4.18 percent, which together represent about 11 percent of the portfolio.

Further down the list are Tencent Holdings at 5.46 percent, MediaTek at 3.16 percent, ICICI Bank at 2.60 percent, Alibaba at 2.56 percent, China Construction Bank at 2.04 percent and Chroma ATE at 1.90 percent. The listing reports a Turnover ratio of 31.09 percent, which measures how much of the portfolio has been replaced over a set period.

Final Word

The fund's profile is centred on semiconductors and related technology names, with its largest country weights in Taiwan, China and South Korea. The fee level, the number of holdings and the concentration in its top positions are the main points for readers to weigh when reviewing the fund. Readers who want the full terms can refer to the product disclosure statement and the fund's annual report.