Equity China Long - Short

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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%.

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TYPE STRUCTUREIreland, Open-end UCITS
DOMICILEIreland
LAUNCH DATEJanuary 24, 2020
MANAGEMENT COMPANYFoundation Asset Management
DISTRIBUTOR SWITZERLANDOpenFunds Investment Services AG (Switzerland)
AUDITORDeloitte & Touche
CUSTODIANCACEIS Ireland
REGULATORCentral Bank of Ireland
PAYING AGENT SWISSCornèr Banca SA (Lugano)
GEOGRAPHYGreater China
SECTORLong/Short Equity
SHARE CLASSESInstitutional, Retail
CURRENCYUSD, EUR
INITIAL CHARGES0%
SUBSCRIPTIONSDaily
LIQUIDITYDaily
MANAGEMENT FEERetail Class 2.25% / Institutional Class 1.50%
PERFORMANCE FEE15 % (with High-Water Mark)
FUND SIZEUSD 40 m
ISINClass USD: IE00BKTNRG40 / Class EUR: IE00BKTNRB94
BLOOMBERG CODEClass USD: AFAFCAI ID / Class EUR: APAFCAI ID