Cadence Strategic Asia
Monthly Letter March 2024
DOCS
Monthly Letters Archive
KIDS
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 |
2015 -28.54% | 2016 1.3% | 2017 40.47% | 2018 -7.45% | 2019 13.98% | 2020 26.38% | 2021 -7.61% | 2022 -25.29% | 2023 -0.61% | 2024 -1.92% |
|---|
PERFORMANCE STATISTICS AS OF 19/04/2024
| NAV: | 1114.667 |
|---|---|
| MTD: | -4.462% |
| QTD: | -4.462% |
| YTD: | -1.92% |
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 |