AIA elite adventure fund - is under performing as compare to net return?

AIA Elite Adventurous Fund (April 2026) Analysis

Overall Assessment

This is a high-equity global growth fund with approximately 91.5% invested in equities and only 8% in fixed income, making it suitable for investors with a long investment horizon and high risk tolerance.

Performance Review

Period

Fund

Benchmark

1 Year

18.97%

23.49%

3 Years (annualised)

11.80%

16.40%

5 Years (annualised)

4.03%

9.24%

Since Inception (annualised)

8.73%

11.07%

Key Observation

The fund has consistently underperformed its benchmark across all major time periods.

Underperformance since inception:

• Fund: 8.73%
• Benchmark: 11.07%
• Gap: -2.34% per annum

Over 20 years, a 2-3% annual underperformance compounds into a very large difference in wealth accumulation.

Portfolio Quality

Regional Allocation

• Americas: 73.5%
• Europe: 17.0%
• Asia: 8.6%

This is effectively a US-centric portfolio.

Sector Allocation

Top sectors:

1. Information Technology – 23.95%
2. Healthcare – 15.05%
3. Financials – 14.88%
4. Industrials – 10.67%

This positioning benefits from:

• AI
• Cloud computing
• Digital infrastructure
• Healthcare innovation

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