Investment philosophy
The title selection process for the actively managed fund focuses on Asia (including Australia/ New Zealand but ex-China), following the established principles of value investing, i.e. to buy a stock for much less than what it's worth, with a margin of safety. The intrinsic value is determined for every title following a thorough quantitative analysis and layered with qualitative analysis. This is reinforced with insights based on research/ knowledge from local partners. The margin of safety is applied for every stock and by adequate diversification. The fund does not aim to manage for currency risks given the wide basket of possible currencies in the portfolio. The MSCI Pacific GDR (EUR) is used as a comparative index. The special asset does not intend to recreate the index, but rather aims for absolute value development that is independent of the index.
Key data
Repurchase price | 77,77 EUR (11.11.2024) |
Security code number | 532030 |
Isin | DE0005320303 |
Valorennummer | 001100959 |
Benchmark | MSCI Pacific GDR (EUR) |
Investment category | Equities Asia a. Pazific |
Currency | EUR |
Investment Company | ACATIS Investment |
Custodian | Hauck Aufhäuser Lampe Privatbank AG |
Domicil | Germany |
Front end fee | 5% |
Distribution | Dividends reinvested |
Minimum Investment | none |
Permission for public distribution | Germany, Switzerland |
Date of inception | July 03, 2000 |
Fiscal year end | Dec. 31 |
Key Person
Dr. Hendrik Leber,
Portfoliomanager and Team
The fund uses an opportunistic and absolute-return approach to identify value stocks in Asian markets. Since it was taken over by the current advisors in November 2013, the fund has done very well and generated positive annual yields.