Equity China Long - Short

Fund Portrait

The Apuano Fund is the UCITS version of an existing successful hedge fund (Foundation China Opportunity Fund FCO fund) with more than 12 years track record. UCITS Fund excludes small cap exposure to reduce drawdown volatility. The Fund goes long companies with strong free cash flows and shorts highly leveraged companies facing accounting and governance issues. Gross exposure of 130% and net exposure typically between 70%- 95%.

 

 

INVESTMENT MANAGER Foundation Asset Management
LINKEDIN COMPANY PAGE Foundation Asset Management
FUND Apuano Foundation China Fund
TYPE STRUCTURE Ireland, Open-end UCITS
DOMICILE Ireland
LAUNCH DATE January 24, 2020
DISTRIBUTOR SWITZERLAND OpenFunds Investment Services AG (Switzerland)
AUDITOR Deloitte & Touche
CUSTODIAN CACEIS Ireland
REGULATOR Central Bank of Ireland
PAYING AGENT SWISS Cornèr Banca SA (Lugano)
GEOGRAPHY Greater China
STRATEGY Chinese Long/Short Equity
SHARE CLASSES Institutional, Retail
CURRENCY USD, EUR
INITIAL CHARGES 0%
MINIMUM SUBSCRIPTION USD 100,000
LIQUIDITY Daily
MANAGEMENT FEE Retail Class 2.25% / Institutional Class 1.50%
PERFORMANCE FEE 15% (with High-Water Mark)
FUND SIZE USD 30.44 m
ISIN Class USD: IE00BKTNRG40 / Class EUR: IE00BKTNRB94
BLOOMBERG CODE Class USD: AFAFCAI ID / Class EUR: APAFCAI ID