Investment Objective
The fund combines detailed top-down analysis with intensive, bottom-up fundamental stock-picking. The portfolio typically comprises 40-50 long and 35-40 short positions. The fund mainly invests in equities worldwide, including in emerging markets and Mainland China.The fund may invest in real estate investment trusts (REITs). Money market instruments and deposits may represent a significant component of the assets; however, much of its actual performance is likely to derive from exposures created through derivatives and structured products.
Reference Index
MSCI AC World
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.2 | 0.3 | 0.8 | 0.9 | 0.3 | 0.6 | 0.6 | 0.7 | 0.8 | 0.7 | 0.5 | 0.1 | 0.7 | |
| 2021 | 0.8 | 1.0 | 0.3 | 0.6 | 0.7 | 0.1 | 0.8 | 0.2 | 0.6 | 0.5 | 0.4 | 0.3 | 0.7 |
