Optimal Japan Absolute Long Fund
Profile: Invests in the Japanese equity market with the objective of maximising investor returns. This includes hedging the portfolio. Although the Fund's NAV is denominated in USD, it is exposed to fluctuations in the Japanese Yen.
The following information is at 30 April 2012:
| Facts | |
| Denomination | US$ |
| Fund size | US$ 15M |
| Fund commenced | 1 September 2004 |
| Country of Domicile | Cayman Islands |
| Minimum investment | US$ 200,000 |
| Minimum additional investments | US$ 50,000 |
| Dealing Frequency | Monthly |
| Current share price | US$ 11.41 |
| Fees | |||
| Management Fee | 1 % per annum | ||
| Performance Fee | 20% above HWM* | ||
| Entry Fee | Nil | ||
| Exit Fee | Nil | ||
| Brokerage Paid | Nil | ||
| Fund Performance** | Fund (%) |
| 1 month |
-1.81
|
| 3 months |
1.51
|
| 6 months |
0.09
|
| 1 year |
-3.71
|
| 2 years (compound pa) |
0.04
|
| 3 years (compound pa) |
6.37
|
| 5 years (compound pa) |
-5.59
|
| Since inception (compound pa) |
1.74
|
* the fee is levied on the investment’s positive excess returns above
the return on the Topix index (in USD terms).
** Performance is measured using the currency denomination of the fund. The above returns are prior to Performance Fees. Individual investor returns will differ by a Peformance Fee payable which is calculated with reference to the hurdle rate applicable at the time of investment.
Disclaimer:
Past performance is not a reliable indicator of future performance.
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