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Foord Asia ex-Japan Fund

For long-term investors in Asia ex-Japan equities

INVEST NOW

INVESTMENT OBJECTIVE

The fund aims to achieve long-term capital growth from a diversified portfolio of listed Asian equities, excluding Japan. It seeks to outperform MSCI All Country Asia ex-Japan net total return (USD) Index over full market cycles, without undue risk to the capital.

FOR INVESTORS

  • With a higher risk profile
  • Seeking long-term capital growth
  • Able to withstand investment volatility in the short to medium term

REGISTERED COUNTRIES

Luxembourg, Singapore, South Africa

Performance

Characteristics
Benchmark

MSCI All Country Asia Ex-Japan Net Total Return (USD) Index

Time horizon

Longer than five years.

Inception date

27 July 2021

Initial investment amount

US$10,000 or equivalent

Subsequent subscription amount

US$1,000 or equivalent

Significant restrictions

To comply with UCITS regulations. The fund is prohibited to enter into total return swaps, securities lending transactions, repurchase transactions, reverse repurchase transactions or any other securities financing transactions. Only listed derivatives can be used for efficient portfolio management.

Income distributions

A roll-up fund with income being reinvested in the portfolio.

Income characteristics

Zero income yield as it does not distribute its income.

Portfolio orientation

Investing in quality Asia ex-Japan equities that present long-term investment value. It may include equities listed outside Asia but whose business is predominantly focused on the Asia ex-Japan region.

The fund is actively managed and not constrained by the benchmark in its portfolio positioning and may have a substantial proportion of its portfolio invested in Chinese securities.

 

Risk considerations

The fund is priced in US dollars.  Among others, investment value is subject to foreign exchange risk, market risk and interest rate risk, and credit risk of the issuers.

Risk of loss

High in periods shorter than five years.  Subject to market volatility, lower in longer term.

Fees

Management Fee (Percentage of the applicable Net Asset Value per share)
Class R: 0.85% + 15% of outperformance over the benchmark

The annual fee comprises a fixed standard fee plus a performance fee, subject to an overall minimum.  

The annual fee may be adjusted up daily (subject to fulfilling the performance conditions) by the performance fee, calculated as the difference between the portfolio performance and the benchmark return for the same period multiplied by the performance fee sharing rate.

 

Returns
Year Fund Return % All Country Asia ex-Japan %
2021 (from 27/Jul) -7.9 -4.0
2022 -5.4 -21.3
2023 -3.8 1.6
2024 (to 30/Jun) 5.0 8.9

Top 5
Security description Asset class Country of Listing Portfolio weight %
Trip.com Group Ltd Equity HK 9.9
Tencent Holdings Ltd Equity HK 8.2
Sea Limited - ADR Equity US 7.6
CNOOC Limited Equity HK 6.9
TSMC Equity TW 6.8

WHAT IF YOU HAD INVESTED WITH US IN THE PAST?


Experience the compounding phenomenon of a sustained, long-term investment with the Foord International Fund.

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Currency
Using rand returns of Foord’s best investment view South African funds. ? In calculating the current value of your hypothetical investment, we have applied the returns of Foord Asset Management’s retirement fund track record from 1 January 1990 to 31 March 2008 (gross of fees) combined with the net returns of the Foord Flexible Fund of Funds from 1 April 2008. Any information provided is not intended nor does it constitute financial, tax, legal, investment, or other type of advice, and the suitability or potential value of any information or particular investment source is not guaranteed. Performance may be affected by changes in the market or economic conditions and legal, regulatory and tax requirements. Distributions may be subject to mandatory withholding taxes. Foord does not provide any guarantee either with respect to the capital or the performance return of investments.
Using US dollar returns of Foord’s best investment view global fund. ? In calculating the current value of your investment, we have applied the long-term returns of the Foord International Trust. These returns are calculated net of fees. Past performance is no guarantee of future performance. Foord Asset Management (Singapore) Pte. Limited disclaims any liability for any loss, liability, or damages (whether direct or consequential) of any nature whatsoever that may be suffered as a result of, or which may be attributable, directly or indirectly to the use of or reliance upon the information provided.
Value Today: $0
Annualised Return: 0%
The annualised return is the effective annual percentage return achieved over the term of the investment. Results for an investment term of less than one year should be treated with caution.

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