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New Capital Asia Value Credit USD/CNY Hdg Inst Inc

Ranked 1 out of 22 in - Asia Pacific Local Currency over 12 months
All calculations are in USD unless stated

Managed by

Michael Leithead

Michael Leithead joined EFG in 2007. He has a BSc in Economics from the University of Birmingham. He holds the IMC and is a CFA Charterholder. Having graduated in 2002 he joined Fidelity International in 2003 where he held a number of roles within risk management and both equity and fixed income derivatives valuations. At EFG, his focus has been global fixed income fund management, fixed income strategy and trading.


The Sub-Funds investment objective is to seek long term capital, income and currency appreciation through investment in sovereign and corporate bonds in the Asia region to include Australia and New Zealand. The Sub-Fund will seek to primarily invest in local and international fixed income markets in both Local Currency denominated bonds with a maximum weighting of 0% to 50% and in Hard Currency denominated bonds with a maximum weighting of 0% to 100%. The Sub-Fund will primarily invest in fixed or floating debt securities (including inter alia notes, bills, bonds, commercial paper and certificates of deposit and floating rate notes). The issuers will primarily be governments or corporate borrowers in the Asia Region, Australia and New Zealand.

Showing fund performance in Singapore View performance globally


Asia Pacific Local Currency over : 28/02/2017 - 28/02/2018
  • Rank 1/22 Total Return
  • Rank 22/22 Standard Deviation
  • Rank 20/22 Max Drawdown

Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 22.5% 9.5% 3.7% 3.9% 3.9%
2016 -0.9% 7.0% -0.8% 2.5% -8.9%
2015 -2.8% 1.7% 0.1% -6.4% 2.0%
2014 4.5% 0.7% 4.3% -0.2% -0.3%
2013 -0.1% 1.5% -5.1% 2.1% 1.7%
2012 2.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Ireland
  5. Italy
  6. Jersey
  7. Luxembourg
  8. Netherlands
  9. Singapore
  10. Spain
  11. Sweden
  12. Switzerland
  13. United Kingdom

Fund Info

  • Launch date24/08/2012
  • Share Class size00Mn
  • Base currencyUSD
  • ISIN IE00B8BQ6592
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment5Mn
  • Min. regular additional investment1Mn


  • Annual management0.65%
  • Initial investment0

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).