−3.8%
since Sep 3
The idea
I believe economic growth keeps shifting East over the coming decades, and I'd rather own the whole arc than bet on one country or company. China is my biggest tilt, since I think its top companies are priced as if the country is done growing. India is my other core position for its demographics, with Asian tech leaders, smaller trade-connector economies, and broad emerging-market funds filling out the picture, plus a small bitcoin stake as a hedge on Western money itself.
What it owns
- Chinese equities trade at valuations that reflect challenging near-term conditions and economic headwinds. · KraneShares CSI China Internet ETFIt holds China's internet companies after regulatory scrutiny priced them for permanent decline, betting on stable regulation and continued earnings growth., Alibaba GroupIt is the flagship Chinese commerce and cloud business trading at a fraction of Western peers, waiting for cloud spending to offset retail share losses., PDD HoldingsIt is the fastest-growing major Chinese commerce company and exports that model worldwide through Temu, winning whether consumers trade up or down., NetEaseIt makes games people pay for regardless of economic conditions, generating cash while priced like a troubled business awaiting licensing approval.22%
- India's large working-age population and rising consumption create structural growth opportunities across sectors. · iShares MSCI India ETFIt provides broad exposure to India's stock market as hundreds of millions enter the middle class and GDP growth stays strong., ICICI BankIt profits from every Indian household's first credit card, mortgage, or business loan as financial inclusion turns the demographic wave into earnings., InfosysIt is India exporting skilled tech labor to the world, growing as Western companies keep outsourcing and the AI wave adds to that demand., MakeMyTripIt owns online travel booking in India as hundreds of millions of Indians fly and take hotel trips for the first time.20%
- Leading technology companies across Asia benefit from regional digital adoption and global competitive advantages. · Taiwan SemiconductorIt manufactures nearly every advanced chip on earth, collecting a toll on the region's entire tech ecosystem through its foundry dominance., Sea LimitedIt operates the dominant e-commerce and payments platforms across Southeast Asia as six hundred million newly online consumers join the middle class., CoupangIt built South Korea's dominant e-commerce logistics platform and is expanding into Taiwan, converting supply chain strength into profits.18%
- Economies positioned as regional hubs benefit from trade flows, capital movement, and strategic geographic positioning. · VanEck Vietnam ETFIt owns Vietnam's market broadly as global supply chains relocate out of China and turn it into the clearest supply-chain winner., iShares MSCI Saudi Arabia ETFIt owns Saudi Arabia's market as oil revenue funds transformation into a trade and capital bridge between East and West., Grab HoldingsIt operates rides, food delivery, and payments across eight Southeast Asian countries, growing as the region's middle class expands and stays profitable., iShares MSCI Singapore ETFIt holds Singapore's market as the toll booth where Asian trade, banking, and wealth management get routed between China, India, and the West.13%
- Diversified holdings across Eastern markets provide stability and reduce concentration risk in the take. · iShares MSCI Emerging Markets ETFIt provides the broadest emerging-markets exposure to capture parts of Asia's story nobody predicted, from smaller markets to unexpected winners., iShares MSCI Emerging Markets ex-China ETFIt holds emerging markets without China, so the take stays balanced if China's leg fails while India, Taiwan, and Korea keep compounding.10%
- Digital asset infrastructure and blockchain-based financial services address growing demand for decentralized systems. · iShares Bitcoin TrustIt offers a small hedge against dollar-based financial systems by tracking Bitcoin as a neutral store of value.7%
- Cash10%