Capital Dynamics (Australia) Ltd, a member of the Capital Dynamics group led by the renown Malaysian fundamentalist investor and fund manager Mr. Tan Teng Boo (陈鼎武), will launch the iCapital International Value Fund on 1 June 2009.
As a tracked record, from 1998 to Mar 2009, Capital Dynamics Asset Management Sdn Bhd run by Tan Teng Boo delivered a net compound return of 19.78% annually versus 3.16% per annum for the Kuala Lumpur Composite Index (KLCI). Meanwhile, Buffett’s Berkshire Hathaway has delivered annual returns of only 5% over that period! If one were to compare Tan’s performance with Warren Buffett’s in the last 10 years, Tan wins. (Source: The Star - Up Close and Personal with Tan Teng Boo)
The iCapital International Value Fund (ICIVF) is an open ended, managed investment scheme registered in Australia which invests in listed securities globally. As investors do not pay any entry or exit fees, they buy and sell based on its NAV. The ICIVF will be denominated in Australian dollars.
Any interested investors, retail, corporate, or institutional, can invest in ICIVF. The initial investments are kept to A$20,000 (around RM50,000). Additional investment required is A$2,000.
A very interesting question to ask to fellow Malaysian: if you have RM50,000 ready for investment, do you prefer to invest in ASM, ASW2020, or ICIVF?
Capital Dynamics will conduct 2 road shows in Kuala Lumpur to explain about this international fund.
Venue: 16th Floor, Plaza First Nationwide, 161 Jln Tun HS Lee, KL.
- 15 May 2009 (5.30pm - 7.30pm)
- 21 May 2009 (6.00pm - 8.00pm)
Click here for more information about the iCapital International Value Fund.