FMG India Opportunity Fund A USD

91.58
0.48 / 0.52%
65.14 - 92.06+0.27
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Sep 30 2014.

Total returns on $1,000

As of Sep 30 2014.Fund performance

Objective

The FMG Opportunity India Fund offers investors access to an opportunistic and highly concentrated portfolio of small to mid cap stocks in India, currently with two managers. India offers tremendous opportunities for investors due to its increased presence in the global economy. Its large and educated middle class workforce of nearly half a billion people continue to be a major global competitor in the outsourcing, software, pharmaceutical and textile industry. This low cost, high IQ and English speaking country has more listed companies (over 6000) than the rest of Asia excluding Japan and China. The Bombay Stock Exchange is the world's second oldest operating stock market in the world. With an estimated 2007 P/E of 16 and earnings growth of over 25%, India offers attractive valuations and should be part of a long-term investor's portfolio. India's young population will add 71m people to its workforce in the next five years, or nearly a quarter of the world's extra workers.

Profile

Fund typeOpen Ended Investment Company
Income treatmentAccumulation
Morningstar categoryAlt - Long/Short Equity - Emerging Markets
IMA sector
Launch date01/08/2005
Price currencyUSD
DomicileBermuda
ISINBMG3640K1080
Manager & start date
Not Disclosed
02/12/2009

Investment

Pricing frequencyMonthly
Fund size
2.80m GBPAs of Mar 31 2012
Share class size
1.26m GBPAs of Mar 31 2012
Net expense ratio--
Initial charge5.00%
Annual charge2.00%
Exit charge--
Min. initial investment61,685 GBP
Min. additional investment30,842 GBP
Min. regular investment--
UK ISA--
Available for saleBermuda, Finland, Ireland, Sweden, United Kingdom

Diversification

Asset type

Asset type data is unavailable.

Top 5 sectors

Sector weighting data is unavailable.

Top 5 Regions

Regional weighting data is unavailable.

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Top holding data is unavailable

The performance data shown in tables and graphs on this page is calculated in GBP of the fund/index/average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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