Buy 2.0824 / Sell 2.0699 (as at 11/09/2019)Unit price history (CSV)
The Fund aims to generate long term returns by investing in a range of listed Asian securities, incorporating small cap, mid cap and large cap stocks. In addition, the Fund has flexibility to invest in securities listed outside of Asia where those securities have a meaningful proportion of their sales, assets or profits from the Asian region. The Fund will own a selection of securities diversified by country, industry and size of capitalisation.
Our aim is for the Fund's long term returns to exceed the Benchmark. However, the Fund will be constructed with limited reference to the Benchmark and therefore returns may significantly vary from the Benchmark returns.
The Fund aims to invest in quality companies with a strong value proposition. We try to understand "downside risk" as well as "upside potential" in assessing the investment merit of stocks. The Manager uses CI's VoF investment process, incorporating strong fundamentally driven research in its search for suitable investments. A minimum of 70% of the Fund's exposure to foreign currency is unhedged.
Following the minimum initial investment, $50,000 minimum tranches may be invested on each Wednesday and the last day of each month.
$50,000 minimum tranches (provided that the unit holder maintains a minimum investment of $500,000) may be redeemed each Wednesday and on the last day of each month, with 1 business day's notice.
1.0% per annum of the Net Asset Value (before fees and expenses) plus GST calculated and paid monthly in arrears directly from the Fund.
15% of the Fund’s out-performance of the Benchmark plus GST (calculated and paid monthly in arrears directly from the Fund). A high water mark applies.
1. Benchmark: MSCI All Countries Asia excluding Japan in Australian dollars net dividends.