Far East Equity Fund
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Investment Manager:
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Close Investments Limited
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Investment Adviser:
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UOB Asset Management
(Appointed June 2007)
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Launch Date:
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25 September 1998 (A Share Class)
1 March 2006 (B Share Class)
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Sub Fund Adviser:
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Colin Ng
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Investment Policy
The Close Investments Far East Equity Fund (“the Sub Fund”) is an actively managed fund investing in equities across Far Eastern markets. The Sub Fund’s style is flexible, using a combined top-down and bottom-up approach. Tactical asset allocation between countries is the key to maximizing the opportunities provided by the region’s volatile markets, Themed stock selection tailored to each market, together with a disciplined portfolio construction, is also a major contributor to the Fund’s investment process.
Investment Objective
The investment objective of the Sub Fund is to maximise the total return over the longer term from a well diversified portfolio of equities (and, if considered appropriate, convertible securities) primarily quoted on stock markets in the Far East, including Australia, Hong Kong, Indonesia, South Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan and Thailand (but excluding Japan).
Benchmark
MSCI All Country Far East ex Japan (US$) Index (with income reinvested)
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