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Ranking
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Sector:
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USA-Equity-General |
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Size:
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$7 050 000 |
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Sector Rank:
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15 out of 18 |
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(lump sum over 3 years to 31 Mar 2004)
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Overall Rank:
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227 out of 243 |
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(lump sum over 3 years to 31 Mar 2004)
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| R20000 invested on 31 Mar 2001 was worth R14 391 at 31 Mar 2004 |
((10.39)% annual compound return)
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| R5000 per month since 31 Mar 2001 was worth R143 190 at 31 Mar 2004 |
((15.32)% 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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| Thomas D'Auria, Fund manager (located in New York) |
| Thomas D'Auria is located in New York |
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Focus and Objective
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This is a growth-oriented fund investing in US companies. Investments will be concentrated in 40 to 60 large and mid-sized companies, although there is the flexibility to invest significantly in smaller companies. The fund will maintain a broad diversification of both sector and style. Risk is monitored through strict sector and stock controls, combined with a rigorous sell discipline.The team uses top-down analysis from the HSBC Global Investment Strategy Group and combines this with bottom-up research by fund managers and analysts. The business cycle, demographics, competitive environment and growth prospects are all assessed to identify the sectors and stocks that will benefit most from identified trends. The ultimate aim is to find stocks that offer good earnings prospects at reasonable valuations.
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Technical overview
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| Formation Date: |
29 Mar 1991 |
| Holdings: |
55 |
| Original Price: |
1 000.00 |
| Pricing System: |
Forward |
| Base Currency: |
$ |
| Domicile: |
Luxembourg |
| Rollup Fund: |
No |
| Benchmark: |
S&P 500 Composite index |
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Top holdings on 31 Mar 2004
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Share (Sector)
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Value
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% of fund
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| GENERALELEC (Goods & Services) |
$1 538 130 |
4.74% |
| EXXONMOBIL (Energy) |
$1 479 720 |
4.56% |
| ORACLE (Technology) |
$1 401 840 |
4.32% |
| PFIZER (Healthcare) |
$1 323 960 |
4.08% |
| CISCO (Technology) |
$1 242 835 |
3.83% |
| FANNIEMAE (Financial Services) |
$1 181 180 |
3.64% |
| CARDINAL (Healthcare) |
$1 142 240 |
3.52% |
| CITIGROUP (Financial Services) |
$1 070 850 |
3.30% |
| TYCOINTL (Goods & Services) |
$1 057 870 |
3.26% |
| MICROSOFT (Technology) |
$1 038 400 |
3.20% |
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TOTALS
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$12 477 025
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38.45%
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