Powered by MOMENTUM MEDIA
investor daily logo

Zenith recommends Premium Asia Fund

  •  
By Vishal Teckchandani
  •  
1 minute read

Research house Zenith Investment Partners has added the Premium Asia Fund to its recommended list following an onsite review of the product's underlying manager, Hong Kong-based Value Partners.

Zenith said the fund was essentially an extension of the successful Premium China Fund but with a broader Asian mandate, and the research house was confident the manager could deliver strong future performance.

"Investors should be aware that Value Partners has been operating the Classic Fund, which has a similar Asian mandate, since April 1993," it said.

"While caution should be exercised when comparing the two funds as there will be differences in mandates, since inception the Classic Fund has returned 18.7 per cent per annum as at 30 October 2009 for A units."