Fully one-third of the world lives in Asia, and close to a billion Asians have risen from poverty to middle class status, making them a consumer market as well as a manufacturing hub for the developed world. Rapid industrialization and economic reform have helped China become the world’s second largest economy, surpassing Japan now in third place and India in fourth place. We think that Asia’s remarkable economic growth has been and will continue to be an engine for the global economy over the next 50 years. Our Asia Focus Fund lets you participate in this unprecedented growth by investing in dynamic companies located in China, Hong Kong, India, Philippines, Singapore, South Korea, Taiwan, Thailand and more.
Asia Focus Fund through 05/31/2017
|Calendar YTD||1 Year||3 Years||5 Years||10 Years||Since
|TOP INDUSTRY SECTORS (as of 05/31/2017)|
|Semiconductor Components - Integrated Circuits||9.24%|
|Electric - Generation||6.12%|
|Auto/Truck Parts & Equipment||3.58%|
|Auto - Cars/Light Trucks||3.48%|
|Internet Application Software||3.34%|
|Photo Equipment & Supplies||3.18%|
|MRI/Medical Diagnostic Imaging||3.17%|
|GEOGRAPHIC WEIGHT (as of 05/31/2017)|
“It may sound like a cliché to refer to the “Asian Miracle” but I believe that the economic growth that has occurred in Asia throughout the last 30 years represents the greatest increase in the human condition for more people than any other event in human history.“
Having managed the Asia Funds for over 14 years both from London and from Hong Kong, Edmund Harriss is dedicated to understanding the agents of change. It’s about making ourselves ready for the new world that is unfolding in front of our eyes. For Edmund there is nothing quite like…
The Advisor has contractually agreed to reduce its fees and/or pay Fund expenses (excluding Acquired Fund Fees and Expenses, interest, taxes, dividends on short positions and extraordinary expenses) in order to limit the Fund’s Total Annual Operating Expenses to 1.98% through June 30, 2018. To the extent that the Advisor absorbs expenses to satisfy this cap, it may recoup a portion or all of such amounts absorbed at any time within three fiscal years after the fiscal year in which such amounts were absorbed, subject to the expense cap in place at the time recoupment is sought, which cannot exceed the expense cap at the time of the waiver.