Kingsmead Vietnam and Indochina Growth Fund (KVIGF)
The investment objective and strategy of the Kingsmead Vietnam and Indochina Growth Fund is to seek long term capital appreciation of its assets by investing in primarily listed companies. The investment universe consists mainly of Vietnam or Indochina markets, including but not limited to countries such as Vietnam, Cambodia and Laos. The Fund may also invest in companies listed outside the above countries which have significant exposure to the Vietnam or Indochina region.
The Fund will seek to achieve its investment objectives principally by sourcing out and investing in companies that are restructuring to facilitate growth in a recovering economy with the aim of achieving a compound rate of return of 20-25% per annum for the next 3 years.
The Fund aims to provide superior return for investors by using the Fund's experience and knowledge to identify the key trends and opportunities that emerge as Vietnam, Cambodia and Laos continue to develop their economies. Specifically, the Fund aims to capture the value of the growth companies, ideally in the middle and small cap segment which are the most undervalued and under-researched.
The Fund may invest in listed equities which market capitalisations and unlisted equities which past money valuations are greater than U.S.$5,000,000. The Manager will aim to diversify its portfolio to cover at least 25 different companies.
The guidelines set out above are an indication of the manner which it is anticipated the investments of the Fund and Master Fund will be managed. There can be no assurance that the Fund's investments will be successful or that the objectives of the Fund will be achieved.
1 August 2014
Fund Administrator & Custodian
Standard Chartered Bank, Singapore Branch
Ernst & Young Ltd.
Rajah & Tann LLP
Walkers (Singapore) Limited Liability Partnership
Morgan, Lewis & Bockius LLP