Investment region: Global Emerging Markets
Long-only equity fund that invests in a limited number of carefully selected listed banks and other companies in the financial sector.
The Fund does not follow any particular index.
Focus: well managed, under-researched small and mid-cap banks that are relatively unknown to the mainstream investment community.
Goal: to take advantage of the convergence of banks and other financial services providers toward Western Economies. Investing in banks also provides an indirect exposure to many different sectors of the emerging economies.
The Fund holds approximately 20-25 different securities that the Fund Manager sees as offering the best fundamental value and growth potential in the target markets.
Investments are based on a beneficial risk-return relationship and thorough analysis of the individual companies that considers the fundamental value and growth potential of the company. The Fund invests in banks that are highly capitalized, have simple business models, and operate in countries with a solid macroeconomic outlook, low leverage ratios, and low banking penetration levels.