In the past five years the fund has returned 128.1 per cent to investors, well ahead of the average return of 89.5 per cent for a fund in the IA Asia Pacific ex-Japan sector. The fund has an ongoing charge of 0.92 per cent.
Aided by a strong analyst team we like Mr Moffett's ‘safety first’ approach. He focuses on downside protection, which means that while the fund might not keep up in a strongly rising market, it proves its worth when times are tough.
This ‘tortoise versus hare’ style of investing works wonders offering investors something both different and compelling.
Darius McDermott is managing director of FundCalibre