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MP-ASIA.SI
NAV Movement
Asia is one of the areas of the world with the greatest economic potential. The leading role in this region belongs to China, as her continued growth has already earned her a position in the top five largest world economies.
Average annual economic growth in China has exceeded 8% in the last five years and has in turn stimulated the growth of the entire Asian-pacific region.
Experts predict that this growth will continue and that in the next few decades this area, especially China, will become one of the leading world economies.
In addition to having the fastest growing market in China, Asia also has the largest reserves of natural gas and oil in Russia, the cheapest and increasingly highly educated work force in India and in China. South Korea offers the best Price-Earnings ratio (i.e. the ratio between company price and profits generated). Turkey is in the process of privatizing of its state industries and joining the EU and is experiencing 7% per annum economic growth, while Japan’s economy is reviving and growing again. The result of all this is a marked growth in the purchasing power of the population of the region.
While Asia has certainly a remarkable economic potential, we have to be well aware that economic growth is cyclical and that in instances such as this, investments have to be long-term. Fund value on 9.9.2010
| Fund |
NAV |
Diff. |
Prev. day
in % |
Year to date
in % |
12 months
in % |
36 months*
in % |
| ALTA ASIA (MP-ASIA.SI) |
5.8889 |
 |
0.44 |
12.89 |
24.12 |
-9.18 |
*Converted at the official conversion rate
WARNING: Past performance is not necessarily an indicator of future performance. The risk of investing in mutual funds is high, especially in short term (up to 5 years). In calculating the net return the investor should take into consideration entry fees (the highest for any or our funds is 4%). There are no exit fees, except for MP-EUROSTOCK.SI and MP-BALKAN.SI, where the highest rate is 3%. Yield is therefore reduced by entry and exit fees. Mrs. Natalija Stošicki takes responsibility for the accuracy and completeness of this report. Ljubljana, 10.9.2010
| Type of mutual investment fund: |
equity |
| Regional orientation: |
shares of companies whose registered offices are in Japan, China, Hong Kong, Singapore, India, South Korea, Taiwan, Australia and Russia; the energy sector |
| Number of units: |
3,315,254.4534 |
| NAV (in mio €): |
19.523 |
| Minimum investment: |
NAV per unit + entry fee |
| Benchmark: |
FTSE All World Series Asia Pacific Index |
| Date of establishment: |
18.4.2005 |
| Bank account number: |
SI56 02913-0254815653 |
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