A RISING YOUNG DEMOCRACY
Million People
Stocks Listed
%
Population below age 35
Mobile Subscribers (mn)
FMG (EU) INDIA OPPORTUNITY FUND
INDIA AT A GLANCE
India, the world’s most populous democracy, is an exciting emerging market. The country has significant economic growth ahead of it. The population is young, and with a growing middle class, India is becoming more consumption driven. The government has also taken steps to liberalize and modernize the economy, making it more competitive.
• Is following a similar growth path that China started 10 years earlier
• Has one of the world’s highest domestic savings rates
• Strong local demand along with a growing export-led economy
• Nearly 50% of India’s population is below the age of 25
• Forecasts suggest 5%-6% real GDP growth p.a. over the next 5-10 years
FUND DESCRIPTION
The FMG (EU) India Opportunity Fund offers a broad exposure to Indian equities. India has transformed itself from a highly inefficient and slow growing economy to one of the world’s fastest growing economies. The investment objective is to achieve long term capital appreciation from underlying portfolios of equities mainly listed on the stock exchanges in India. The fund utilizes a multi-manager approach. Managers are selected based on their proven expertise in managing Indian equity investments.
The fund is actively managed, with FMG (Malta) Ltd (“FMG”) applying both a top down macro and a long-term quantitative model to determine allocations, including cash levels between the sectors and market capitalization. FMG considers risk management and fund liquidity an integral element of the portfolio management process, whilst the fund is well diversified among industry sectors. The opportunistic nature of the fund targets investors with a higher risk-reward return profile.
MOST RECENT POST
FMG (EU) India Opportunity Fund gained 2.6% in the 4th Quarter and 0.5% for the Calendar Year
The MSCI India index gained 6% for the year and thereby underperformed emerging markets in general by almost 10%. It was a year when large companies did well and material underperformance by both mid and small size/cap companies. This can be illustrated by another...
ASSET ALLOCATION
- Financials 25%
- I.T. 20%
- Energy 16%
- Consumer Discretionary 9%
- Consumer Staples 9%
- Industrials 8%
- Others 5%
- Materials 5%
- Cash 3%
FUND PARTICULARS
Investment Profile
Investment Focus
Investment Objective
Investment Horizon
Risk Level (1-7)
Management
Fund Structure
Fund Type
Inception
Base Currency
Currency Classes
Minimal Init. Investment
Emerging Markets
India
Large Cap Equities
3-5 Years
6
Multi Managed
SICAV
AIF
2004
USD
USD, EUR, GBP
Class: A&L €10,000, B €100,000
or lower when dealt via »»
Dealing
Prenotice (Buy)
Prenotice (Sell)
Cut-off Time
Load Fee
Annual Management Fee
Performance Fee
Income Distribution
Domicile
Regulator
Custodian
Administrator
Audit
Weekly
1 Business Day
5 Business Days
5:00PM CET
Up to 5%
Class A&L: 2%, B: 1.5%
Class A&L: 20%, B: 10% HWM
Accumulation
Malta
Malta Financial Services Authority (MFSA)
REYL & Cie (Malta) Ltd
Apex Fund Services (Malta) Ltd
Deloitte Audit Ltd
Prices/NAV’s
Share prices and ISIN codes for all currency- and fund classes
Inquiring more information or subscription details - India Fund
Disclaimer: FMG (MALTA) Ltd. (“FMG”) is licensed by the Malta Financial Services Authority (“MFSA”) as a category 2 Investment Services Provider as provided in the Investment Services Act Chapter 370 of the Laws of Malta. FMG is authorized to act as a full scope alternative investment fund manager (“AIFM”) in terms of Directive 2011/61/EU of the European Parliament and of the Council on alternative investment fund managers (“AIFMD”). This summary is for information purposes only and does not constitute an offer to sell or a solicitation to buy. Citizens or residents of the United States and India may not invest in these Funds. All Funds may not be marketed to Swiss citizens or residents except those considered as “regulated qualified investors” by the Swiss Collective Investment Schemes Act and the Swiss Collective Investment Schemes Ordinance. All Funds are not to be marketed to EU or EEA investors. Investors who wish to obtain information on these funds will only be provided any such materials upon receipt of an appropriate reverse solicitation request in accordance with the requirements of the EU AIFM Directive, Swiss Law and/or national law in their home jurisdiction. Opinions and estimates constitute the manager’s judgment and are subject to change without notice. Past performance is not indicative of future results. Investments in Emerging Markets should be considered high risk where a portion or total loss of capital is conceivable. The synthetic risk-indicator illustrated herein comprises 60 months returns calculated in USD and is updated once per annum. No assurance can be given that the investment objective will be achieved or that an investor will receive a return of all or part of his/her initial capital, and investment results can fluctuate substantially over any given time period. Please refer to the relative fund’s prospectus which contains brief descriptions of certain risks associated with investing in the fund. FMG funds or third-party funds marketed by FMG are aimed at experienced investors and you have to ensure you are able to invest in such funds. Questions should be directed to your local representative or financial advisor. This document may not be reproduced, distributed, or published for any purpose without the prior written consent of the manager. All information contained in this communication is as provided by FMG (MALTA) Ltd. Return chart: FMG (EU) India Fund B ISIN MT0000077116, MSCI India Index, MSCI EM Index (USD). Data source: Bloomberg. Exposure chart is updated in January 2020. FMG Copyright (C) 2022 FMG. All rights reserved.