788 Asset Management Ltd. considers the emergence of China to
be one of the most attractive investment opportunities of the next
decade.
• The objective of the fund is to achieve medium to long term
growth by investing in Chinese and Chinese related financial
markets.
• The Fund is constructed as an Absolute Return fund. It is not
linked to any particular benchmark and its investment structure
will evolve as and when the Chinese financial markets mature.
• The Fund is designed to provide global investors with a unique
vehicle through which to invest in China, with a favorably biased
risk/reward ratio.
• Up to 80 % of the Fund will be invested through highly liquid
indices, with constant stop losses and the ability to remain in cash
during negative market trends.
• The Fund may use leverage up to 1.5 to 1 to help catch additional
Alpha during positive market trends.
• Up to 40 % of the fund’s assets will be invested in individual stocks
or equity-related products.
• Emerging markets typically comprise above average numbers of
high beta stocks. The Fund will add value through its selection of
undervalued situations, and benefit from the steady flow of IPOs
expected over the next decade.
• The 788 China Fund Ltd. combines the macro, sector and risk
management skills of Heritage Fund Management SA with the stock
picking talent and expertise of Michel ARTAUD.
This unique relationship provides global investors with a long term,
core China investment vehicle that aims to deliver superior
returns in absolute terms, while containing the downside.