Melchior Asian Opportunities A Acc

Sell : 101.01p | Buy : 101.01p | up 1.90p
Last valuation as at 03-12-2008


Charges & savings

Initial charge 5.00% Initial saving 5.00%
Annual charge 2.15% Annual saving 0.100%
Total expense 2.59%    

Aim of the fund

The investment objective of the Melchior Asian Opportunities Fund is to achieve longer term capital growth, without undue risk, through diversified investment in equities and bonds that are issued by companies that have their registered office or carry out a predominant portion of their economic activity in Asia and which are expected to benefit from the economic growth of China and its neighbouring countries. Equally the Fund invests also in other collective investment schemes and cash. There may be times in light of adverse conditions when the manager will wish to hold positions in cash or near cash instruments.

Available for new investment through:

Vantage ISA Yes
Vantage Fund & Share account Yes
Vantage SIPP Yes

Other details

Trustee Bank of New York
Valuation point 11:00
Minimum investment £1,000.00
Effect of deductions (0.00%) N/a
Effect of deductions (6.00%) 3.40%
Charges deducted from Capital

Fund specific risks

  • Charges to Capital - Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
  • Emerging Markets - Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements.
    The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could both increase or decrease. These investments therefore carry more risk.
  • A more concentrated Portfolio - These funds may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
  • The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
  • Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
  • No performance fee for Class A or B shares

Please read this section with the full Key Features document which explains the meaning of each term. Please also download the fund specific Key Features.