The Treasury New Asia Fund, Legg Mason Asian Enterprise Fund and Phillip Capital Thai Fund have all joined the AMF and sit alongside existing funds including Aberdeen Asian Opportunities, Value Partners High Dividend and HSBC India.
The Treasury New Asia Fund has a 6.5 per cent weight within the AMF, while the Legg Mason Asian Enterprise Fund made up 5.4 per cent and the Phillip Capital Thai Fund 3.2 per cent.
The Legg Mason Asian Enterprise Trust and Treasury New Asia Fund further diversified the AMF's fund line-up with their more growth-oriented investment styles, Dixon Advisory managing director of funds management Alex MacLachlan said.
The Phillip Capital Thai Fund gave the AMF more exposure to Thailand, whose stocks were lightly held by other investment managers that focused mainly on the larger Asian markets, MacLachlan said.
