Aseana Properties Ord

The Company will typically invest in development projects at the pre-construction stage in upscale residential, commercial and hospitality projects with a primary focus on location within the major cities of Malaysia and Vietnam. Initially between 30% to 40% of funds raised pursuant to the Placing will be allocated to prospective projects in Malaysia and between 60% to 70% will be allocated to prospective projects in Vietnam. Thereafter the Board will invest in both Vietnam and Malaysia where it believes the best returns can be achieved at that time. Investment will be made in projects where it is believed there will be a minimum 30% annualised return on equity (ROE) on investments in Vietnam and a minimum 20% ROE on investments in Malaysia.

Key stats

Management firm  Ireka Development
Domicile  Jersey
Fund Administrator  Capita Securities Ltd (JEY)
Global Branding Name  Ireka
Fund currency  USD
Launch Date  2007-04-05
ISIN  JE00B1RZDJ41
SEDOL  B1RZDJ4
Manager 1 Name  Managed Team
Fund Strategy  Property - Direct Other
Benchmark  FTSE 350 Real Estate TR GBP
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  -0.36%
Return - 2 Months  -0.82 %
Return - 3 Months  -0.48%
Return - 6 Months  -0.35 %
Return - 9 months  6.23 %
Return - 12 Months  0.54%
Annualized return 24 months  -7.21 %
Annualized return 36 months  -5.74 %
Annualized return 48 months  -4.55 %
Annualized return 60 months  -3.72 %
Return 120 months  0.00 %
Annualized return since Inception  -3.15%
Return YTD  -0.35%

Charges

Initial  0.00 %
Maximum Managment Charge  2.00 %
Exit charge  0.00 %
Performance Fee  20.00 %

Contact

Contact Address  -
Contact city  Kuala Lumpur
Contact country  Malaysia
Fund Admin Group  Ireka Development

Price

Last Price Date  2014-07-28
Pre-tax nav  0.44
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  $0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

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