Ann: Weekly Net Tangible Asset Backing, page-12

i was in pai but then switched from the LIC to the direct investment in the fund through the company platinum.

2 advantages:
1) i get the actual performance of the fund, not subject to market sentiment etc causing it to trade at discount to nta
2) its not so easy to trade in and out thus im less likeky to make a snap decision to sell and take profits ( which i would likely later regret).
set and forget.
i also added a direct debit savings plan so i keep adding to it fortnightly.

in just over 12 months from september my holdings are up around 30-35% since i re invested dividends.

not a bad return for a fund which requires no effort on my behalf, and i think the outlook for china and asia remains strong.

so yes from personal experience i would recommend pai but if you can afford the 5,000-10,000 upfront its better to invest directly imho.