Partnership with MSCI
Copper Basin Capital Pte. Ltd. has partnered with MSCI Inc. to launch the MSCI AC Asia Index Sector Fund (MXAS).
The underlying index for this Fund is the MXAS index whose components and weights are selected and calculated by MSCI Inc. The index contains more than 1,200 large and mid cap securities spread across Asia.
The MSCI AC Asia Index Sector Fund (MXAS) is composed of 11 sub-funds with each sub-fund representing one of the 11 GICS® sectors. Our investment platform allows investors the unique flexibility of investing in one, some or all of the sector sub-funds in the same weightings as the MXAS index, equal weighted across the 11 sectors, or a custom weighting of their own choosing. This provides a very cost effective and efficient way for investors to employ sector rotation and core-satellite portfolio strategies.
The 11 GICS® sectors represented by the sub-funds include Energy, Materials, Industrials, Consumer Discretionary, Consumer Staples, Financials, Health Care, Information Technology, Telecommunication Services, Utilities and Real Estate.
The MXAS index is composed of highly liquid listed equity securities.
Investing in Asia
Asia is home to 60% of the world’s population but only about 33% of the world’s gross domestic product. With a relatively young population, rapid urbanization, sustainable economic growth and committed investments in infrastructure and technology, Asia will continue to power growth for decades to come. This makes the MSCI AC Asia Index Sector Fund (MXAS) an attractive investment in any investor’s portfolio.
The 12 countries in the MXAS index are China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Pakistan, Philippines, Singapore, Taiwan and Thailand.