Ox Capital Dynamic Emerging Markets Fund
The Ox Capital Dynamic Emerging Markets Fund (the Fund) is a concentrated portfolio of high quality, undervalued, well-run companies in emerging markets. The Fund typically holds 30-50 stocks that are diversified across countries, sectors and thematic exposure.
The Fund can use downside protection strategies across the market and individual stocks to help protect the portfolio from market volatility.
You should read the Fund’s Target Market Determination (TMD) and the Fund’s Product Disclosure Statement (PDS) to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs.
|Objective||The Fund aims to provide an absolute return and capital growth over the long term and outperform its benchmark after costs over rolling five year periods.|
|Benchmark||MSCI Emerging Markets Net Total Return Index (AUD) Unhedged|
|Stocks held||Typically 30-50|
|Minimum investment timeframe||5 years|
|Minimum initial investment||$10,000 or $1,000 with Regular Savings Plan|
|Management fee||1.00% p.a.|
|Performance fee||15% of the Fund’s daily return above the Benchmark1|
|Investment strategy||Derivatives may be used to reduce or gain exposure to markets and|
securities. The Fund may short sell securities and markets where it believes that a security or market is overvalued or for hedging purposes.
|Asset class2||Minimum (%)||Maximum (%)3|
|Gross equity exposure||50||150|
|Net equity exposure||50||1504|
3Includes use of leverage to increase exposure of the Fund to investment markets.
4Typical long securities and net equity exposure will not exceed 100%
5These ranges represent the effective cash exposure (after the cash cover for derivatives has been taken into account)
Key Features of the Fund
- Concentrated: A portfolio of 30-50 high quality, undervalued, well run companies that have the potential to generate high absolute returns over the medium to long term
- Capture growth: OxCap’s investment approach is to identify the immense positive changes taking place in Asia and other key emerging markets and to find companies that can benefit from those trends.
- Capital protection strategies: The Fund can use derivatives such as index futures and equity swaps to help protect the portfolio from market volatility.