The investment objective of MW GaveKal Asian Opportunities UCITS Fund is capital appreciation through tactical asset allocation between the currencies, government bonds, corporate bonds, Convertible Bonds and equities of the Asia-Pacific region.
The Sub-Fund's strategy for achieving its investment objective rests on a few simple beliefs. First, as long as the rate of return on risk-taking invested capital (i.e. equities) is higher than the cost of capital, equities tend to outperform bonds. Second, in a low inflationary world, and even more in a deflationary one, returns on high quality bonds and equities are negatively correlated.
Performance/Volatility
|
Return Date |
2012-09-30 |
|
Return - 1 Month |
5.54% |
|
Return - 2 Months |
4.15 % |
|
Return - 3 Months |
5.86% |
|
Return - 6 Months |
-0.98 % |
|
Return - 9 months |
6.28 % |
|
Return - 12 Months |
5.16% |
|
Annualized return 24 months |
-2.17 % |
|
Annualized return 36 months |
0.00 % |
|
Annualized return 48 months |
0.00 % |
|
Annualized return 60 months |
0.00 % |
|
Return 120 months |
0.00 % |
|
Annualized return since Inception |
4.18% |
|
Return YTD |
6.28% |
Charges
|
Initial |
0.00 % |
|
Minimum Investment |
$250,000 |
|
Maximum Managment Charge |
1.50 % |
|
Exit charge |
0.00 % |
|
Performance Fee |
0.00 % |
Contact
|
Contact Address |
Marshall Wace GaveKal Asia Limited |
|
Contact Address 2 |
Suites 2812-2815, 28th Floor |
|
Contact Address 3 |
One International Finance Centre |
|
Contact city |
Hong Kong |
|
Contact country |
China |
|
Fund Admin Group |
Marshall Wace GaveKal Capital Asia Ltd |
|
Web Address |
www.mwgavekal.com |
|
Custodian |
Société Générale S.A. |
|
Phone |
852 28698363 |
Price
|
Last Price Date |
2013-05-09 |
|
Pre-tax nav |
133.61 |
|
Pre-tax offer |
0.00 |
|
Pre-tax bid |
0.00 |
|
Pre-tax mid |
0.00 |
|
Post-tax nav |
0.00 |
|
Post-tax offer |
0.00 |
|
Post-tax bid |
0.00 |
|
Price change |
$-0.30 |
|
Price change (percentage) |
-0.22 % |
|
Guaranteed NAV |
0.00000 |
|
Close Price |
0.00 |
Funds Disclaimer
© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
Ratings Disclaimer
© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
