Trophy Fund

Fund Investment Objectives

The objective of the Fund is to achieve capital growth for its investors by investing in Asian equities, with a focus on Greater China. The fund seeks to construct a portfolio of high conviction core positions (typically 50% of the fund) in 4 to 6 opportunities that have been identified after extensive research, with the potential to make 3x - 10x returns. This approach requires a private equity mindset and strong hold discipline to capture the majority of returns without top slicing positions as they move up. The other half the fund is invested opportunistically with a shorter term outlook looking to make 50% returns on trades. Cash borrowing is limited to 25% of the fund and the investment manager has a strict policy of not selling naked options. Fund is reporting firm AUM.