Strong gains in ex-Japan as funds follow regional trend


The MSCI Asia ex-Japan Index was up 7.3% on the month and nearly all the funds in the ex-Japan sector were positive in March.

NT Asian Discovery was up 7.40% taking three-month returns to 12.85% while SC Asian Opportunity gained 8.4% which left three-month numbers at 11.18%. Whitefield Asian Opportunities was up 8.95% which left first quarter returns at 8.42% and Apollo Asia saw a 9.91% monthly gain taking three-month numbers to 7.01%.

iVim Asia Opportunities Fund was up 13.24% on the month which took first quarter returns to 6.63%.