henry ford 23 october 2009 international investment opportunities fundsource adviser day 2011
TRANSCRIPT
Henry Ford
23 October 2009
International Investment Opportunities
FundSource Adviser Day 2011
Disclaimer
The information contained in this presentation has been prepared solely for informational purposes.
It is not an offer to buy or sell or a solicitation of an offer to buy or sell units in the Fund/s managed by Elevation Capital Management Limited, to participate in any trading strategy or a recommendation to invest.
If any offer of units in the Fund/s is made, it shall be pursuant to a definitive Investment Statement and Prospectus prepared by or on behalf of the Fund/s which will supersede this information in its entirety.Any decision to invest in the Fund/s should be made only after reviewing the definitive Investment Statement and Prospectus, conducting such investigations as the investor deems necessary and consulting the investor’s own investment, legal and tax advisors in order to make an independent determination of the suitability and consequences of an investment in the securities.
Any portfolio data, performance and risk targets contained in this presentation are subject to revision by the Portfolio Manager and are provided solely as a guide to current expectations. There can be no assurance that the Fund/s will achieve any targets or that there will be any return on or of capital.
Historical returns are not predictive of future results.
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“In 1969, I wound up my partnership and I had to help people find someone to manage their money.
I recommended Bill Ruane of Sequoia Fund…” – Warren Buffett
Robert Goldfarb and David PoppeSequoia Fund
Morningstar Managers of the YearWinner 2010, Runner-up 2008
“These managers had more than just the wind at their backs.” – Morningstar
Return Since Inception (July 1970 to June 2011) = 24,552%
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“Incisive, imaginative and smart, de Vaulx is highly regarded by fellow value investors and foreign-stock
specialists.” – BARRON’S
Charles de Vaulx
Chief Investment Officer and Portfolio ManagerInternational Value Advisers, LLC (IVA)
Morningstar International Stock Manager of the Year
Winner 2001, Runner-up 2006
Absolute Return Award Fund of the Year (Global Equity)
Sofire Fund Ltd – 2005, 2006
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“We’ve also spotlighted a top-performing international-only stock picker, Amit Wadhwaney of Third Avenue
Funds.” The World’s Greatest Investors – SmartMoney
“Amit doesn’t just look for cheap companies; he almost has to steal them,” – Jean-Marie Eveillard First
Eagle Funds
Amit Wadhwaney
Portfolio ManagerThird Avenue International Value Fund
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For the FIRST TIME…
New Zealand retail investors
will have access to
these “World Class” fund managers via…
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Fund Structure
* As at 31 July 2011
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Portfolio Composition
* As at 31 July 2011
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Fund X-Ray – World Regions
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Fund X-Ray – Top Stock Holdings
Valeant Pharmaceuticals
Berkshire Hathaway
WBL TJXFastenal Company
Idexx Laboratories
Netia ViterraMohawk
IndustriesAdvance
Auto Parts
Precision Castparts
Resolution Total Rolls-Royce Allianz
Weyerhaeuser SampoAstellas Pharma
Leucadia National
Andritz
Genting Malaysia Bhd
Nestle Nexans SSECOM Sodexo
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Genting Malaysia
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Weyerhaeuser
“What to Buy? For those with a long horizon, I am sure well-managed forestry and farmland will outperform the
average of all global assets.”- Jeremy Grantham’s 2011Q2 letter Part 2
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Fee Structure
Sequoia Third Avenue IVA
1.00% 1.00% 1.25%
ECGVFoF
0.95%
ECGVFoF Management Fee will decrease as FUM grows.
No Performance Fees for Managers or Elevation Capital.
Management Fees:
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Conclusion
Unique product offering for NZ retail investors;
Value oriented investing style;
Unhedged, globally diversified portfolio;
World class fund managers with solid long-term performance track records;
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Contact Us
Elevation Capital Management Limited
Website: www.elevationcapital.co.nz
Email: [email protected]
Phone: 09 307 6741
Address: 77 Parnell Road, Parnell, Auckland 1052.