Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

New Capital Asia Value Credit USD/CNY Hdg Ord Inc

Ranked 18 out of 18 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.

Objective

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

Performance

Asia Pacific Local Currency over : 31/08/2017 - 31/08/2018
  • Rank 18/18 Total Return
  • Rank 18/18 Standard Deviation
  • Rank 18/18 Max Drawdown

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 2.7% -8.6%
2017 18.6% 5.7% 4.2% 3.7% 3.7%
2016 -2.2% 6.3% -1.0% 2.2% -9.1%
2015 -3.6% 1.5% -0.2% -6.6% 1.8%
2014 3.8% 0.5% 4.1% -0.4% -0.5%
2013 -0.8% 1.2% -5.3% 1.9% 1.5%

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 date27/12/2012
  • Share Class size00Mn
  • Base currencyUSD
  • ISIN IE00B795G283
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment10,000
  • Min. regular additional investment10,000

Charges

  • Annual management1.35%
  • Initial investment0.00%

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