To get a growth total return, primarily from investing in equities quoted on the stock markets of Asia, excluding Japan. The investment policy are 1, To have a diversified portfolio of Asian stocks. 2, To have a portfolio comprising around 50 to 80 investments. 3, To use borrowings to gear the portfolio within a range of 10% net cash to 20% geared in normal market conditions.
Management fee of 0.6% p.a. of Market Capitalisation. No performance fee. Contract terminable on notice period of 6 months.
The dividend policy aims to pay regular quarterly dividends funded from a combination of revenue and capital reserves equivalent to 1% of the Company's NAV on the last business day of each financial quarter, being the end of December, March, June and September.