Platinum Funds Management PAXX ETF (ASX:PAXX)

The Platinum PAXX Fund is an actively-managed fund that invests in a diversified portfolio of Asian companies, excluding Japan. The fund typically selects between 50-100 Asian companies that the investment team at Platinum believe to be undervalued by the market.

PAXX share price & data

Ticker code: PAXX
Yearly fee (MER): 1.10%
FUM: $148.72 million
Monthly spread: 0.69%
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
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2020
Apr
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2019
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2020
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2019
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2020
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$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
Range: 1 mth | 3 mths | 6 mths | 1 yr | 2 yrs | 5 yrs | 10 yrs

Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly. Last updated: July 2020.

What does the PAXX invest in?

PAXX invests in a portfolio of high-quality Asian (ex-Japan) securities, based on Platinum’s actively managed approach, including leading brands like Samsung, Tencent and Alibaba. This ETF could be a solution for investors looking for actively-managed exposure to the Asian equities market.

What do investors use PAXX for?

PAXX could be used by investors looking for a portfolio of Asian (ex-Japan) companies, as selected and managed by the investment team at Platinum. The focus is on purchasing undervalued companies and providing investors with long-term capital growth opportunities.

PAXX dividend information

Fund Issuer

Platinum Investment Management is an active funds management business based in Sydney, Australia. Platinum was founded by Kerr Neilson in the 1990s and is now one of Australia’s largest fund managers by funds under management (FUM).

Best ETFs warnings

The following warnings are applied by our team, based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.

When an ETF does not have a sufficiently long track record — typically, we consider this to be at least 3 years — the ETF is could be at a higher risk of being closed down (if it doesn’t grow), and the historical performance and returns (if any) cannot be relied upon.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes.

Registry

Link Market Services is the second-largest share registry in Australia and operates from offices in 11 countries throughout Australasia, Asia, Africa, the Middle East and Europe.

Sector Information

The Best ETFs global or international shares sector includes ETFs, managed funds and index funds which cover international equities/share markets.

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Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).

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