Cadence Strategic Asia

Monthly Letter October 2021
DOCS
Monthly Letters Archive

KIIDS

The Sub-Fund’s objective is to target returns in excess of nominal Asian GDP growth (gross domestic product) over the medium to long term.

It will do so by investing in a concentrated portfolio of companies capable of sustaining high economic returns and which are undervalued in relation to their future cash generating ability.

The Sub-Fund’s investment strategy will be unconstrained by any benchmark index and it will be focused on achieving absolute returns over the longer term.

PERFORMANCE OF THE SUB-FUND:


Total return
2016
1.3%
2017
40.47%
2018
-7.45%
2019
13.98%
2020
26.38%
2021
-6.95%

PERFORMANCE STATISTICS AS OF 30/11/2021

NAV: 1541.393
MTD: -4.666%
QTD: -2.733%
YTD: -6.953%

KEY FEATURES:

Investment Manager: Compass Asset Management SA
Advisor: Cadence Investment Partners LLP
Inception date: April 2015
Liquidity: Daily
Minimum subscription: Euro 1,000
Minimum subsequent subscription: Euro 100
Fees: Initial fee: 0.00%
Anti-diluition fee on subscriptions: max 5.00%
Exit fee: 0.00%
Anti-diluition on redemptions: max 2.00%
Management fee cl. A: 2.00%
Management fee cl. B: 2.30%
Management fee cl. M: 0.95%
Management fee cl. L (GBP): 1.00%
Management fee cl. L (USD): 1.00%
Management fee cl. I (GBP): 0.60%
Management fee cl. I (USD): 0.60%
Performance fee: 10.00%
Bloomberg: Class A: CFCSAAE LX
Class M: CFCSAME LX
Isin code: Class A: LU1190404001
Class B: LU1190404183
Class M: LU1190404936
Class L (GBP): LU1190404779
Class L (USD): LU1190404852
Class I (GBP): LU1190404423
Class I (USD): LU1190404696