WAY Asian Spice Portfolio Fund

Focused on the world's most exciting economies...

In the 1980s one could stand on the border between Hong Kong and mainland China and see miles and miles of nothing but paddy fields. Now one can only see a never ending cityscape which merges the New Territories (as they were) with Shenzhen. Elsewhere across Asia similar transformations have taken place in Singapore, Bangkok, Kuala Lumpur, Seoul, Jakarta and Hanoi.

The changes in China have been even more dramatic whilst India is running along a slightly different path but equally as progressive. Political, economic and social change has brought increasing wealth to this region and today, together, they represent the engine for world growth looking ahead over the next decade and beyond.

(Picture left: Gabrielle Knights, Investment Manager)
The WAY Asian Spice Portfolio Fund is a new fund launched at this important time in the evolution of the world's financial markets, to complement a range of specialist funds which are designed to supplement WAY's more widely spread portfolio style funds. Clients looking for a high growth addition to their more general portfolio need look no further than the WAY Asian Spice Portfolio Fund literally to 'spice up' their future prospects for medium to long-term capital growth.

The Fund is run by Gabrielle Knights of WAY Investment Managers Limited. Gabrielle is avoiding Japan entirely (sighs of relief all around we suspect) and favours a well spread exposure to most of the Asian markets with a particular emphasis on India and China, whether directly or indirectly. She will maintain a well spread (both by country and sector) but actively managed approach seeking out the most robust and high growth sectors across this dynamic region. Asian economic models have changed over the last 20 years from being dependent on exports to the West to urbanisation, growth of the middle class and domestic consumption so the Fund will concentrate on those plays.

'No win, low fee' approach to delivering performance to investors

An innovative charging structure sees the Fund Manager (WAY) take 0.5% annual management charge and a performance fee which only kicks in once the Fund has achieved 10% growth in that year. This fee is applied on a tiered structure whereby performance up to 20% only incurs a 1% fee (inclusive of the AMC), thereby delivering a highly cost effective level of net returns to shareholders. Quite naturally, given this light touch on more modest performance levels, the performance fee then increases - but only once shareholders are benefitting from competitive returns. The retail share class incorporates an additional 0.5% annual charge which is then paid out to advisers as trail commission.

Fund objectives

The fund aims to achieve long-term capital appreciation and will focus on delivering returns from investments across the various Asia Pacific markets, stretching from the Indian sub-continent through to Australia and New Zealand, and as far north as China and Korea.

References:
1. Data & Statistics - Financial Express
2. Others: Lipper; WAY Investment Managers Limited

Associated Links:

Launch version WAY Asian Spice Portfolio: Fund Factsheet

 Latest WAY Asian Spice Portfolio: Fund Factsheet

Details of WAY Client-centred: Performance Fees

WAY Asian Spice Portfolio Fund: Plan Documents

WAY Fund Managers' fund launch: Press Release

Please Remember:
The price of shares and the income from them can go down as well as up as a result of changes in the value of the underlying investments and currency movements. An investor may not get back the amount originally invested. Past performance is not necessarily a guide to future returns. WAY Investment Services Ltd is an Appointed Representative of WAY Fund Managers Ltd which is authorised and regulated by the Financial Services Authority.