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Ashburton Replica Dollar Cash & Fixed Income Fund
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Ashburton Replica Dollar Cash & Fixed Income Fund
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Ranking
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Sector:
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Global-Fixed Interest-Other Income |
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Size:
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$27 900 000 |
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Sector Rank:
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3 out of 3 |
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(lump sum over 3 years to 31 Aug 2004)
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Overall Rank:
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107 out of 243 |
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(lump sum over 3 years to 31 Aug 2004)
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| R20000 invested on 31 Aug 2001 was worth R18 874 at 31 Aug 2004 |
((1.91)% annual compound return)
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| R5000 per month since 31 Aug 2001 was worth R160 779 at 31 Aug 2004 |
((7.44)% annual return compounded monthly)
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| Please note that offshore fund performance figures are calculated from NAV prices (ie, equivalent to sell-to-sell) and therefore not directly comparable to domestic fund performance figures on this site. |
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Management
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| Ashburton (Jersey) Ltd, Investment Manager |
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Focus and Objective
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This fund generates a reasonable level of both income and capital growth in US dollar terms, from investment into an international portfolio of fixed income securities, money market instruments and cash deposits, whilst seeking to suppress the level of volatility and risk. Exposure to currencies, other than US dollars, after hedging, limited to a maximum of 50% and investment in any one fixed income security is limited to a maximum of 10% of a portfolio.
The portfolio will include international fixed income bonds and equities traded in the world's capital markets, Certificate of Deposits and Treasury Bills as well as cash and currency deposits. Fixed income investments with a duration of over one year are unlikely to exceed 70% with no single holding likely to exceed 10% and exposure to currencies other than US Dollars is unlikely to exceed 50% of the value of the portfolio.
Ashburton Replica Portfolio is a Jersey registered company which operates as an Unclassified Umbrella Fund. It complements the range of investment services offered to clients of Ashburton (Jersey) Limited. Whilst this share class is intended to replicate the "Cash and Fixed Income Services" offered to Ashburton's Personal Portfolio clients, it is inevitable that asset allocation and investment results will differ from time to time.
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Technical overview
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| Formation Date: |
06 Oct 1994 |
| Original Price: |
0.00 |
| Pricing System: |
Forward |
| Base Currency: |
$ |
| Domicile: |
Jersey |
| Rollup Fund: |
Yes |
| Benchmark: |
Global Fixed Income Sector Average |
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Top holdings (No information available)
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