The fund is closed for new subscribers

  • $2,620.13
  • $44.44
  • 1.73%
  • YTD: 38.58%

The dynamics of the unit value on 29.12.17

1 mon.
6 mon.
1 year
YTD
Since opening
1.73%
7.54%
38.58%
38.58%
162.01%

Net asset value on 29.12.17 and previous period

29.12.17

  • Total Net Assets: $20,162,214.37
  • Shares Outstanding: 7,695.11985

30.11.17

  • Price: $2,575.69
  • Shares Outstanding: 7,695.11985
  • Total Net Assets: $19,820,243.25

Investment objective and strategy

The Fund pursues its objective by investing, under normal circumstances, at least 90% of its net assets, plus any borrowings for investments purposes in a newly listed initial and following public offerings of domestic and foreign companies (“IPOs and SPOs, together IPOs”) that trade on a U.S. exchange. Securities (shares, ADR, ADS, GDR etc) may be purchased at the time of the offering or in post-IPO trading. Securities may be held in the portfolio as long as they have the characteristics set forth above. More recently, a large percentage of IPOs are in either the information technology sector or healthcare sector, which may, from time to time represent the largest sector(s) in the Fund.

The Fund may purchase and sell portfolio securities without regard to the length of time held when, in the opinion of the Adviser investment considerations warrant such action, has historically had the effect of increasing the Fund`s portfolio turnover rate in excess of 100%.

Terms

  • Minimum Subscription: 1,000,000
  • Management Fee: 2%
  • Performance Fee: 20%
  • Hurdle Rate: none
  • Hard Lock-Up Period: 12 months
  • Soft Lock-Up Period: none
  • Early Exit Fee: none
  • Redemption Period: yearly
  • Redemption Notice Period: prior to 90 days
  • Redemption Fee: none
  • Side Pocket: none
  • Gate: none
  • Additional Notes: The fund is closed for new subscribers

Perfomance

Personal manager

Please provide us with your contact details by clicking the button below and our manager will revert to you shortly to answer all your questions.



Key facts

Date of Inception

Oct 1, 2014

Domicile

BVI

Net Assets

$20,162,214.37 (as of 29.12.17)

Basic Currency

USD

Exchange

none

Asset Class

Equity

Benchmark Index

none

ISIN

CFI

Bloomberg Ticker, Bloomberg ID

none