Message from Sophia Rahmani, CEO & MD, Maple-Brown Abbott - COVID-19 (Coronavirus)
Message from Sophia Rahmani, CEO & MD, Maple-Brown Abbott - COVID-19 (Coronavirus)

Maple-Brown Abbott Asia Pacific Trust


(as at 31 Aug 2020)

Performance 1 mth % 3 mths % 1 yr % p.a. 3 yrs % p.a. 4 yrs % p.a. 5 yrs % p.a. Since inception % p.a. *
Fund ** 0.8 6.7 -10.1 1.0 5.5 5.3 8.2
Benchmark *** 0.7 8.8 7.8 7.6 9.8 9.2 8.7

Unit price as at 23 Sep 2020

Redemption price $ 1.0702

Net asset value $ 1.0727

Application price $ 1.0752

Contact us

Client Services contact details

Within Australia 1300 097 995
International +61 3 9616 8614
(9am - 5:30pm AEST)


Asia Pacific equities
Quarterly Investment Update, June 2020
Will Main

Performance chart
(as at 31 Aug 2020)

Data Source: Maple-Brown Abbott and MSCI

Fund update - July 2020

The Trust returned 3.4% in AUD terms for the month, underperforming the benchmark by 0.2%.

Positive contributors came from Financials, Information Technology and Utilities sectors. Detractors came from Consumer Discretionary, Materials and Energy sectors.

Key contributors during the month included our positions in Taiwan Semiconductor Manufacturing Company (overweight), Infosys (overweight) and Kerry Logistics Network (overweight). Detractors from performance were Alibaba (not held), Health and Happiness (H&H) International Holdings (overweight) and PICC Property & Casualty (overweight).

PERFORMANCE DISCLAIMER: Please note that the figures above represent past performance, and past performance is not a reliable indicator of future performance. Returns are volatile and may fluctuate quickly and significantly. Neither Maple-Brown Abbott Limited nor any other person makes any representation nor gives any guarantee as to the future performance or success of, the rate of income or capital return from, recovery of money invested in, or income tax or other taxation consequences of, any investment in the trusts shown on this website.

* Inception date is 1 April 2004.

** Total return is based on the movement in net asset value per unit plus distributions and is before tax and after all fees and charges. Imputation and foreign tax credits are not included in the performance figures.

*** MSCI All Countries Asia Pacific Excluding Japan Net Index (AUD). With effect from 1 June 2017, Pakistan was added to the MSCI All Countries Asia Pacific Ex-Japan Index.

Source MSCI: The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com)

About the Fund

Investment objective

The Fund aims to outperform the MSCI All Countries Asia Pacific Excluding Japan Net Index (AUD) over rolling four-year periods.

Key benefits

  • The opportunity to invest in a fund managed by a team of experienced and dedicated investment professionals
  • Access to an Asia Pacific share portfolio that aims to deliver medium to long-term capital growth
  • Access to investment opportunities, markets and risk management techniques not generally available to individual investors
  • The potential to receive annual distributions

Fund facts
(as at 31 Aug 2020) Latest Fact Sheet

Fund size $ 5.8 Million
Inception date Apr 2004
Distribution frequency Annually
Unit pricing frequency Daily
Minimum initial investment $ 20,000
Minimum additional investment $ 5,000

Significant holdings
(as at 31 Aug 2020)

BHP Billiton
China Mobile
CK Hutchison Holdings
PICC Property & Casualty - H Share
Reliance Industries
Samsung Electronics
Taiwan Semiconductor Manufact. Co
Tencent Holdings

Value and balance sheet characteristics
(as at 31 Aug 2020)

  Fund Market *
Price:Earnings Ratio 9.9 15.9
Price:Cash Flow Ratio 5.9 10.3
Price:Net Tangible Assets Ratio 1.0 1.8
Dividend Yield (%) 3.9 2.6
Balance Sheet Strength ** 0.46 0.43

* Represents our quantitative data which includes 93.1 of the index weight of the stocks in the Benchmark, plus non-Benchmark stocks.

** Cash Flow/Total Liabilities.

The figures shown above are based on 2021 estimates.

Risk measures AUD
(as at 31 Aug 2020)

  Fund Benchmark
Annualised Monthly Volatility (%) * 12.5 12.3
Tracking Error (ex-ante) 6.0
Beta vs Benchmark 0.9

* Since Inception

Sector weights vs. benchmark
(as at 31 Aug 2020)

Country weights vs. benchmark
(as at 31 Aug 2020)


Distribution history

Here you will find the distribution history for the Fund.

Generally, the main components of distributions are dividends received, and interest, realised capital gains and other income derived by the Fund, less fees and expenses.

The distributions are expressed as cents per unit.

Date Cents per unit Div 12-H Summary Taxable Component Summary
30/06/2020 15.3181 ¢ Div 12-H Summary n/a
30/06/2019 21.1370 ¢ Div 12-H Summary n/a
30/06/2018 16.7911 ¢ Div 12-H Summary n/a
30/06/2017 9.8469 ¢ Div 12-H Summary n/a
30/06/2016 13.4694 ¢ Div 12-H Summary n/a

Distribution frequency annual (prior to 1 July 2012 distribution frequency quarterly).

Download distribution history

Unit prices

Unit price history

Here you will find the unit price history for the Fund.

Date Redemption price Net asset value Application price
23/09/2020 $ 1.0702 $ 1.0727 $ 1.0752
22/09/2020 $ 1.0640 $ 1.0665 $ 1.0690
21/09/2020 $ 1.0743 $ 1.0768 $ 1.0793
18/09/2020 $ 1.0783 $ 1.0808 $ 1.0833
17/09/2020 $ 1.0779 $ 1.0804 $ 1.0829
16/09/2020 $ 1.0812 $ 1.0837 $ 1.0862
15/09/2020 $ 1.0786 $ 1.0811 $ 1.0836
14/09/2020 $ 1.0775 $ 1.0800 $ 1.0825
11/09/2020 $ 1.0674 $ 1.0699 $ 1.0724
10/09/2020 $ 1.0654 $ 1.0679 $ 1.0704

^ Ex price.

Download unit price history

Forms & reports

Forms & reports

Below is a range of important forms and reports that are available.

To invest with us you should ensure you have read the sure Statement (PDS), including the Additional Information Booklet (AIB), before completing the Initial Application.

The Fact Sheet will provide you with an update on the Fund including performance and positioning.

If you would like more information or have any questions, please contact us on 1300 097 995 or mba@unitregistry.com.au.

Invest now

Invest now

It is easy to invest with Maple-Brown Abbott, just follow the steps below.

Step 1: Read the current Product Disclosure Statement (PDS)

Carefully read the Product Disclosure Statement (PDS) including the Additional Information Booklet (AIB) to ensure that you understand how the product works and the risks involved.

Step 2: Make an Application

New investments can be made Online.

Investments can also be made using the forms below.

Step 3: Investment confirmation

Once your application and payment are received, you'll receive confirmation of your investment details.

Still need help?

If you have any questions, please contact us 1300 097 995 or mba@unitregistry.com.au.


Investing is easy with BPAY®

BPAY® is a secure payment facility that enables you to invest directly from your bank account into your Maple-Brown Abbott funds using your phone or internet banking service.

Why use BPAY® ?

BPAY® is an electronic funds transfer payment method, initiated by you, from your bank account to your Maple-Brown Abbott investment account. By using the convenience of phone or internet banking, BPAY® allows for the prompt (next business day) transfer of funds into your investment account.

Biller Code

The Biller Code for the fund is 310664

Note: by using a Biller Code to make a BPAY® deposit, you acknowledge you’ve received Product Disclosure Statements (PDSs) for the managed investments in your account and agree to receive PDSs (including information about significant events or matters affecting them) electronically via the MBA Online Portal.

Reference Number

When you start investing with Maple-Brown Abbott, you’ll be provided with an investor number. Use your investor number as your reference when making payments via BPAY®.

Using BPAY®

To invest in a Maple-Brown Abbott fund using BPAY® you need a Biller Code and Reference Number.

If you’d like to make a payment to this fund Biller Code Reference Number
Maple-Brown Abbott Asia Pacific Trust 310664 Your investor number

How do I start using BPAY®?

  • Register with your financial institution’s phone and/or internet banking service.
  • Obtain your BPAY® Biller Code and Reference Number.
  • Contact your financial institution via phone or internet banking and provide the required security details (such as password and user ID).
  • Follow the prompts for the BPAY® payment facility. You’ll need to provide your unique BPAY® Biller Code and Reference Number, and payment amount and the bank account from which your payment is to be made.
  • The details of the transaction will be repeated back or displayed for you and you’ll be prompted to confirm the payment.
  • You’ll then be given a receipt number for your reference.
  • You also need to ensure the BPAY® deposit matches the online instructions given to your financial adviser (for example, correct Biller Code, and the payment type and deposit amounts are the same). If the instructions don’t match, we may not be able to match the payment to the deposit and it may be allocated as per the default investment instructions and up-front fee specified on your account.

Note: instructions submitted by your financial adviser online only remain valid for 30 days, so you need to ensure a BPAY® deposit is transferred within this time frame.

BPAY® deposit limits

Daily BPAY® transfer limits are enforced by all financial institutions. You’ll need to check with your financial institution to obtain the daily transaction limit for your account.

How is my BPAY® deposit invested in my MBA investment account?

BPAY® deposits are automatically allocated to your Maple-Brown Abbott investment account on the next working day.

Will I receive confirmation?

Your financial institution will give you a receipt number which confirms it has identified and authorised the BPAY® payment instruction. You should keep this for future reference. You can also check the MBA Online Portal to confirm the transaction has been made.

Fees And Costs

Management Costs *

% 1 & 2
% 3
% 3 & 5

1.03 n/a 0.16 1.19

1) Unless otherwise stated, all fees are quoted on a GST inclusive basis and net of any applicable Reduced Input Tax Credits.

2) The base fee is the fee we charge for managing the assets and overseeing the operations of the Fund, expressed as a percentage of the net asset value of the Fund.

3) All other components of the management costs are based on the indirect costs and recoverable expenses incurred during the prior financial year ended 30 June.

5) Under the Fund’s Constitution we are entitled to be reimbursed for authorised expenses incurred in managing and administering a Fund, however at present we have chosen not to be reimbursed for routine fund expenses including registry, custodian, accounting and legal expenses (excluding transaction costs) which are paid by us out of our base fee. Audit costs are paid, and any levy payable to the Australian Securities and Investments Commission (ASIC) may be either fully or partly paid by us out of our base fee with the balance paid out of the Fund.

* Fees may be negotiated if you are a wholesale investor as defined in the Corporations Act 2001 (Cth).

Transactional and Operational Costs

Total transactional and
operational costs
% 1
Less buy-sell
spread recovery
% 2
Net transactional and
operational costs
0.24 0.00 0.24

1) Transactional and operational costs represent the estimated costs from the Fund’s investing activities. These costs are in addition to the management costs. The transactional and operational costs are reflected in the unit price and impact the performance of the Fund. These costs include brokerage, settlement costs, clearing costs, stamp duty and other taxes on an investment transaction. It also includes the difference between the price paid for purchasing securities and the price that would be payable if selling securities (i.e. bid/ask spread).

2) Buy-sell spread recovery represents the amount charged to investors that relates to investor applications and withdrawals.

3) Based on the estimated costs incurred during the prior financial year ended 30 June, expressed as a percentage of the average Fund net asset value.

Buy / Sell Spreads *

Total spread
0.23 / 0.23

* The buy-sell spread is an additional cost to you. This ensures existing investors are not disadvantaged due to the costs associated with buying or selling the Fund’s investments as a result of applications and withdrawals.