The principal objective of Asian Capital Holdings Fund is to provide investors with long term capital appreciation, by investing mainly in quoted equities in Asia including Japan. ACH does not directly invest in securities but operates through investment funds which are either wholly or partly owned by the Sub-Funds or through managed accounts. Generally each investment fund or managed account is advised by a single portfolio manager and his team. The investment activities of the funds or managed accounts thereby comprise a wide range of specialised approaches and techniques used by the managers. AUM runs aggretate.