Jupiter India Select Fund L A Inc USD

木星印度精選基金 L類 Inc 美元

LU0365089902

Risk Rating: Level 6

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.75%

HKD10,000.00Min. Subscription

USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

16:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+4.37%
3 mth
+10.03%
6 mth
-1.33%
1 yr
+1.46%
3 yr
-7.19%
5 yr
+6.29%

Analytical Figures (3 years)

Annualized Return
-2.46%
Annualized Volatility
+20.32%
Sharpe Ratio
-0.21

Fund Information

Fund Houses
Jupiter Asset Management (Hong Kong) Limited
Launch Date
2008-05-01
Fund Manager
Avinash Vazirani
Manager Start Date
2008-5-2
Geographical Focus
India
Asset Class/ Sector
Equity - All cap
Risk Rating
Risk Level 6

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-11-10)
USD 192,785,732.71
Management Fee
1.75%
Latest Dividend
USD 0.367700 (2004-01-29)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.75%

HKD10,000.00Min. Subscription

USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

16:30

-

Dividend Records

Dividend DateDividend Records (USD)
2004-01-290.367700

Investment Objective

To achieve long term capital growth through investment primarily in India and selected opportunities in Pakistan, Bangladesh, Sri Lanka, Bhutan, Nepal and the Maldives.
The Fund's investment policy is to achieve the objective by investing primarily in equity and equity related securities (including listed preference shares, listed convertible unsecured loan stock, listed warrants and other similar securities) of companies operating and/or residing in India and selected opportunities in Pakistan, Bangladesh, Sri Lanka, Bhutan, Nepal and the Maldives. The Fund may also invest in securities of Indian companies listed on international stock exchanges and depositary receipts representing securities of Indian companies. Subject to the limits set out in the Investment Restrictions the Fund may also invest in UCITS or other UCIs which are themselves dedicated to investments in the markets of the countries listed above.

Nature and Extent of Risks

Investment involves risks. The key risks associated with the Fund are set out below.
Please refer to the offering documents for details of all the risk factors.
1. General investment risk
The Fund is an investment fund. The Fund's investment portfolio may fall in value due to any of the key risk factors below and therefore investment in the Fund may suffer losses. There is no guarantee of the repayment of principal.
2. Risks related to investments in equities and equity-related securities
The Fund's investment in equity securities and equity-related securities is subject to general market risks, whose value may fluctuate due to various factors. Equities may be subject to strong price fluctuations, influenced by issuer-specific factors, changes in investment sentiment, the profits or otherwise of individual enterprises and sectors as well as macro-economic developments and political perspectives which determine the expectations of the securities markets and thus the movement of prices of the securities.
The Fund's investment in equity-related securities is also subject to counterparty and liquidity risks. In addition, investment through equity-related securities may lead to a dilution of performance of the Fund when compared to a fund investing directly in the underlying equity securities due to, for example, the fees embedded in such equity-related securities.
Trading on a securities exchange in India, Pakistan, Bangladesh, Sri Lanka, Bhutan, Nepal and the Maldives may be halted, suspended or limited pursuant to the securities exchange’s rules.
The government or the regulators in a country or region may also implement policies that may affect the financial markets. All these may have a negative impact on the Fund.
High market volatility and potential settlement difficulties in the markets may also result in significant fluctuations in the prices of the securities traded on such markets and thereby may adversely affect the value of the Fund.
3. Risks related to investments in emerging and less developed markets
The Fund may invest in emerging and less developed markets, where the legal, judicial and regulatory infrastructure is still developing but there is much legal uncertainty both for local market participants and their overseas counterparts. Therefore, investing in these markets may involve increased risks and special considerations not typically associated with investment in major Western jurisdictions, in more developed markets, such as liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility.
The securities markets in the emerging and less developed markets are less developed than the major Western securities markets. There is less state regulation and supervision of these securities markets, and less reliable information available to brokers and investors than in the major Western markets and consequently less investor protection.
Accounting, auditing and financial reporting standards and requirements in the emerging and less developed markets are in many respects less stringent and less consistent than those applicable in many major Western countries.
Corporate legislation in the emerging and less developed markets regarding the fiduciary responsibility of directors and officers and protection of shareholders is significantly less developed than in the major Western jurisdictions and may impose inconsistent or even contradictory requirements on companies.
Less information is available to investors investing in securities of companies in the emerging and less developed markets than to investors investing in securities of companies in many major Western countries and the historic information which is available is not necessarily comparable or relevant.
The economies of emerging and less developed markets may differ, favourably and unfavourably, from economies in more industrialised countries. The economies in South Asia Association for Regional Cooperation (‘SAARC’) region are heavily dependent upon international trade and accordingly have been and may continue to be adversely affected by trade barriers, exchange controls and other protectionist measures imposed or negotiated by the countries with which they trade. The Fund may be affected by economic developments in or affecting the SAARC region.
4. Risks related to use of financial derivative instruments for hedging/efficient portfolio management
Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. In adverse circumstances, the Fund’s use of financial derivative instruments may become ineffective in hedging/efficient portfolio management and the Fund may suffer significant losses in relation to use of financial derivative investments. The leverage element/component can even result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund.
5. Risks related to foreign currencies
Given that the Fund may invest in assets which are not in its base currency and the class currency may be different from the base currency of the Fund, the NAV may be affected unfavourably by the fluctuations in currency exchange rates between these currencies and the base currency and by changes in exchange rate controls. The Investment Manager does not currently intend to hedge the foreign currency exposure of the Fund.
6. Risks related to geographical concentration
The Fund will specialise in investing in a particular geographical region (i.e. India, Pakistan, Bangladesh, Sri Lanka, Bhutan, Nepal and the Maldives) and is likely to be more volatile than funds with a broader range of investments. The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the markets of India, Pakistan, Bangladesh, Sri Lanka, Bhutan, Nepal and the Maldives.

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