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 Asian Balanced fund beats the Allianz Balanced Income and Growth fund 4-2.

Eastspring Asian Balanced Fund

This fund aims to maximise total return in the medium to long term by investing in a portfolio comprising of equities of companies in the Asian ex Japan region, and quality corporate bonds and other fixed income securities issued in the United States market.

Top 10 holdings

1. TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 5.1 (%)
2. SAMSUNG ELECTRONICS CO LTD 4.4 (%)
3. SK HYNIX INC 3.5 (%)
4. TENCENT HOLDINGS LTD 2.4 (%)
5. BHP GROUP LTD 1.6 (%)
6. ALIBABA GROUP HOLDING LTD 1.5 (%)
7. DBS GROUP HOLDINGS LTD 1.4 (%)
8. ASE TECHNOLOGY HOLDING CO LTD 1.2 (%)
9. NATIONAL AUSTRALIA BANK LTD 1.1 (%)
10. MEDIATEK INC 1.0 (%)

Allianz Balanced Income and Growth

This fund invests in global corporate debt securities and global equities in accordance with environmental and social characteristics.

Top 10 holdings

1. TAIWAN SEMICONDUCTOR MANUFACTURING 2.0 (%)
2. APPLE 2.0 (%)
3. MICROSOFT 1.6 (%)
4. NVIDIA 1.3 (%)
5. VOLVO AB-B SHS 1.2 (%)
6. ACRES 2026-FL4 A CDO VAR1.3 (%)
7. INTESA SANPAOLO SPA 144A FIX TO FLOAT 1.2 (%)
8. SANTANDER HOLDINGS USA FIX TO FLOAT 1.1 (%)
9. HMI 2024-1 A1 CMO VAR 1.0 (%)
10. METLIFE INC FIX 0.9 (%)

*All relevant fund data converted to US dollars for comparative purposes. Performance, alpha and volatility are annualised over three years with data as reported at the end of last month. Information ratio (IR) aims to measure a portfolio manager’s consistent ability to generate excess returns relative to a benchmark. The higher the IR, the more consistent the manager is.