Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.
This week, the Eastspring Investments Asian Bond fund defeats the First Sentier Asia Strategic Bond fund 5-1.
Eastspring Investments Asian Bond fund
The fund’s portfolio primarily consists of securities denominated in US dollars as well as the various Asian currencies and aims to maximise total returns through investing in fixed income/debt securities that are rated as well as unrated.
Country allocation:
- China (25.2%)
- Hong Kong (13.8%)
- Indonesia (13.8%)
- India (10.1%)
- Singapore (6.3%)
- Korea (4.9%)
- Philippines (4.7%)
- United States (3.2%)
- Others (14.8%)
- Cash and cash equivalents (3.2%)
First Sentier Asia Strategic Bond fund
The fund aims to achieve total return, consisting of both income and capital gains through investment in a diversified portfolio of fixed income and similar transferable instruments issued primarily by government and corporate entities in Asia.
Country allocation:
- China (23.1%)
- India (13.3%)
- Hong Kong (12.3%)
- Indonesia (7.6%)
- Macau (5%)
- Malaysia (4.5%)
- Australia (4%)
- Korea (3.2%)
- Singapore (2.6%)
- Thailand (2.4%)
