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Fund Facts
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Legal structure
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Investment Trusts
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Fund inception date
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21 Dec 2004
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Fund objective
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The Fund aims to provide long-term capital growth (over a period of at least five years) and to outperform the MSCI Golden Dragon Index ? unhedged (A$) (after ongoing fees) over rolling five-year periods.
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Fund strategy
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The Fund will take equity positions in securities listed predominantly across Greater China (China, Hong Kong and Taiwan). Five Oceans considers that over the longterm, superior risk adjusted returns are generated through an emphasis on high conviction stock selection and attention to capital protection rather than by following an index. It believes in valuation analysis that can provide a different view to the market, on either a company?s profi tability or growth.
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Fund size
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$19.78
million (as at
31 Jan 2012
)
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Entry price
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$1.3639
(as at
08 Feb 2012)
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Exit price
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$1.3541
(as at
08 Feb 2012)
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Valuation frequency
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Daily
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Cash distribution (cents/unit)
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0.0000
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Distribution as at date
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30 Dec 2011
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