Newport Asia LLC

Newport Asia LLC is a registered investment advisor established in February 2002, offering investment services to private funds exempt from registration under the Investment Companies Act of 1940. The firm focuses on long-only investments in Asia's equity market, managing approximately $164.5 million in discretionary assets as of December 31, 2024. Newport Asia serves as the general partner and investment advisor to three Newport Funds: Growth & Income Fund, Advisors Fund, and Partners Fund. The annual advisory fee for each fund is 1.50%, paid quarterly in advance based on Limited Partners' Capital account balances. Investors in the Newport Funds must meet certain suitability criteria, with minimum net worth requirements ranging from $1.5 million to $5 million. The minimum initial investment for each fund is $1,000,000. Newport Asia employs a top-down/bottom-up investment strategy, focusing on long-term growth trends and high-quality growth companies in Asia. The firm's investment philosophy centers on concentrating portfolio investments in industries and companies with strong growth prospects and sound fundamentals. Investment risks include general economic conditions, non-U.S. investments, cybersecurity threats, and geopolitical events. Newport Asia does not receive performance-based fees and exercises investment discretion on behalf of the Newport Funds. The firm has custody of client assets and provides quarterly fund holdings, monthly statements, and annual K-1s to investors. Newport Asia has a Code of Ethics in place to ensure fair and ethical practices, including restrictions on personal trading for employees. The firm votes proxies in the best interest of the Newport Funds and does not receive compensation for client referrals. Additionally, Newport Asia complies with regulatory requirements regarding financial information and does not charge fees in advance exceeding $1,200 per client.